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$350,000
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Property Description
Modern townhouse living meets the convenience and excitement of one of Newark's most connected neighborhoods. With newer kitchen, bathrooms and appliances, this beautifully maintained home offers the perfect combination of comfort, style, and accessibility, making it an outstanding opportunity for homeowners and commuters alike. Minutes from New Jersey Performing Arts Center (NJPAC), Newark Museum of Art, and Prudential Center. Commuters will appreciate the exceptional transportation options with quick access to Interstate 280, the Garden State Parkway, Route 21, Route 78, the New Jersey Turnpike, and Route 1 & 9, providing an easy commute throughout Northern New Jersey and into New York City. Multiple NJ TRANSIT bus routes serve the neighborhood, while the Newark Light Rail, Newark Broad Street Station, and Newark Penn Station provide convenient access to NJ TRANSIT rail service, PATH trains to Manhattan, Amtrak, and Newark Liberty International Airport. Nearby parks, local restaurants, neighborhood conveniences, schools, universities, and medical centers, including Rutgers University-Newark, NJIT, and University Hospital. Whether you're looking for an easy commute, vibrant city amenities, or a place to enjoy everything Newark has to offer, this location delivers exceptional value and unmatched convenience.
Full Property Details
Full Property Details for 385 Fairmount Ave
General
- Price: $350,000
- HOA FEE: $315/month
- Taxes: $3,951 (2025)
- Status: Active
- Type: Townhouse
- Source: Garden_State
- MLS ID: 4043283
- Updated: 8/7/2026
- Added to Site: 64 day(s) ago
Interior
- Number of Rooms: 5
- 2nd Floor/Level 2: 3 Bedrooms, Bath Main
- 1st Floor/Level 1: Bath(s) Other, Kitchen, Living Room, Utility Room
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
- Appliances: Carbon Monoxide Detector, Dishwasher, Microwave, Electric Range and Oven, Refrigerator, Stackable Washer/Dryer
- Flooring: Carpeting, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: Second
- Bedroom 2: Second
- Bedroom 3: Second
Other Rooms
- Living Room: First
- Kitchen: Eat-In Kitchen, First
Exterior
- Exterior Features: Curbs, Sidewalk
- Color: Cream
Parking
- Uncovered Spaces: 1
Location
- County: Essex
- Subdivision: University Heights
- Driving Directions: Springfield Avenue to Fairmount Avenue
Community
- Community Living: Yes
- Assoc. Fees Include: Maintenance-Common Area, Maintenance-Exterior, Snow Removal
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Forced Hot Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Sewer Charge Extra
- Water: Public Water, Water Charge Extra
- Utility Description: Electric
Structural Information
- Architectural Style: Townhouse-Interior, Multi Floor Unit, Townhouse-Interior
- Roof: Asphalt Shingles
- Year Built: 1989
- Remodeled/Updated: 2020
Lot Features
- Lot Size (Acres): 1.52
- Lot Size: 66252 SF
- Driveway/Sidewalk: 1 Car Width, Blacktop, Driveway-Shared, Off-Street Parking
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Association Fee: $315
- Assoc Fee Freq.: Monthly
- Assessment Amount: $98,800
- Land Assmt: $20,000
- Tax Amount: $3,951
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Exclusions: Personal Property
- APN: 1614-00299-0000-00001-0000-C1803
- Block: 299
- Lot Number: 1
Listed by Re/Max First Realty Ii
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Schools
Schools serving 385 Fairmount Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.2 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.6 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.3 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.7 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.2 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.3 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 385 Fairmount Ave
Date
Details
Price
Change
Source
8/07/2026
Price Reduced
$350,000
-0.85%
MLS
7/27/2026
Listed
$353,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 385 Fairmount Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,951
7%
$98,800
—
2022
$3,691
—
$98,800
—
2021
$3,689
-2%
$98,800
—
2020
$3,754
—
$98,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 385 Fairmount Ave
385 Fairmount Ave, Newark, NJ 07103 (MLS# 4043283) is a Townhouse property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 385 Fairmount Ave is currently listed for $350,000 and was received on July 27, 2026. Want to learn more about 385 Fairmount Ave? Do you have questions about finding other Townhouse real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

