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$545,000
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Property Description
Located near Newark University Hospital, NJIT, Rutgers University and the business district, this is the ultimate multi family property in town. Each unit is equipped with its laundry hookup and the second floor boasts five bedrooms and two full bathrooms. the first unit is currently rented for $2400 and second unit is on month to month lease because they looking to relocate. Do not miss your opportunity to grab this unique turnkey multi family property.
Full Property Details
Full Property Details for 145 Fairmount Ave
General
- Sold For: $545,000
- Taxes: $5,297
- Status: Closed
- Type: Multi-Family
- Source: NJMLS
- MLS ID: 25017561
- Added to Site: 273 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit
Location
- Area: Newark
- County: ESSEX
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Heat
Structural Information
- Architectural Style: 2 Family
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $5,297
Listed and Sold by JD Frances Realty (973) 265-7247, Jean Michel Sery (862) 201-9086
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Schools
Schools serving 145 Fairmount Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.5 mi |
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 0.6 mi |
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103 | PK-4 | 0.7 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.8 mi |
Quitman Street School 21 Quitman Street, Newark, NJ 07103 | K-8 | 1 mi |
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105 | K-8 | 1.7 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1.7 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 1.8 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 145 Fairmount Ave
Date
Details
Price
Change
Source
11/18/2025
Sold
$545,000
-8.4%
MLS
5/23/2025
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
145 Fairmount Avenue, Newark, NJ 07103 (MLS# 25017561) is a Multi-Family property that was sold at $545,000 on November 18, 2025. Want to learn more about 145 Fairmount Avenue? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

