131 Fairmount Ave, Newark, NJ 07103
OFF MARKET

131 Fairmount Ave
Newark, NJ 07103

Fairmount
  • 6 Beds
  • 3 Baths

$655,500

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $4,462/mo*
Refinance Your Home

$655,500

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $4,462/mo*
Refinance Your Home
6 Beds
3 Baths

Local Information

  • Map ViewExplore the area around 131 Fairmount Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School7 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Don't miss out on this large 3 family home with serious investment potential! All 3 apartments are 2 bedroom 1 bath units that offer ample and versatile living spaces including an eat-in kitchen, dining / living room (can be converted to 3rd bedroom), pantry, and porch. Separate utilities, owners only pays water and common area lights. Once renovated, this property could yield substantial rental income! This is a unique opportunity for investors to capitalize on a high-demand area. Property is being sold in strictly as-is condition. Buyer is responsible for c/o and fire certificates. Cash offers preferred.
131 Fairmount Ave, Newark, NJ 07103 is a 6 bedroom, 3 bathroom multi-family in Fairmount. It last sold for the $525,000 asking price on Jul 9, 2024. It is currently off market. The Trulia Estimate is $655,500, with a rent estimate of $2,244/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 131 Fairmount Ave

Interior Features

Interior Details
Number of Rooms: 18
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3
Appliances & Utilities
Utilities: Electricity Connected, Sep HeatLaundry: None
Heating & Cooling
No Heating

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: 3 FamilyArchitecture: 3 Family

Price & Status

Price
List Price: $525,000

Active Status

MLS Status: Sold - Sold

Location

Direction & Address
City: Newark

Offer

Listing Agreement Type: Exclusive Right To Sell

Miscellaneous

Mls Number: 24002602
Last check for updates: about 9 hours ago
Listed by Silvio Lavrador, (908) 591-1433
RE/MAX SELECT - Montclair
Bought with: Outside Agent, Outside Office
Source: NJMLS, MLS#24002602

Price History for 131 Fairmount Ave

DatePriceEventSource
07/09/2024$525,000Sold
NJMLS #24002602
03/04/2024$525,000ContingentAll Jersey MLS #2407550R
02/27/2024$525,000PendingGSMLS #3883170
01/26/2024$525,000Listed For SaleGSMLS #3883170
07/24/2023ListingRemovedGSMLS #3855612
07/21/2023$250,000Listed For SaleGSMLS #3855612
01/31/2018$144,900ListingRemovedAgent Provided
02/20/2017$144,900Listed For SaleAgent Provided
09/08/2006$302,000Sold
N/A
03/02/2006$235,000Sold
N/A

Market trends in Newark

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$453K
$16.67KMoM
Sale-to-List Price
101.7%
1.1%MoM
Price per sq ft
—
Available listings
241
1MoM
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Property Tax and Assessment

Year2025
Tax$7,506
Assessment$187,700
Home facts updated by county records

Comparable Sales for 131 Fairmount Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
120 Littleton Ave, Newark, NJ
0.02
Multi-Family Home
$455,000
12/15/25
7
3
-
201-203 S 6th St, Newark, NJ
0.21
Multi-Family Home
$650,000
07/18/25
8
2.5
-
235 S 11th St, Newark, NJ
0.37
Multi-Family Home
$705,000
07/29/25
9
3
-
188 S 10th St, Newark, NJ
0.31
Multi-Family Home
$695,000
01/07/26
9
5
-
367 Morris Ave, Newark, NJ
0.58
Multi-Family Home
$585,000
01/20/26
9
3
-
88 S 16th St, East Orange, NJ
0.72
Multi-Family Home
$525,000
09/29/25
5
3
-
338 S 10th St, Newark, NJ
0.36
Multi-Family Home
$925,000
07/02/26
8
5
-

Nearby homes

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Assigned Schools

These are the assigned schools for 131 Fairmount Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Fairmount
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fairmount

At least 180 Trulia users voted on each feature.

  • 86 % Say there are sidewalks

  • 70 % Say it's walkable to grocery stores

  • 68 % Say it's dog friendly

  • 68 % Say yards are well-kept

  • 66 % Say car is needed

  • 57 % Say streets are well-lit

  • 54 % Say there's holiday spirit

  • 52 % Say it's walkable to restaurants

  • 52 % Say kids play outside

  • 46 % Say parking is easy

  • 44 % Say they plan to stay for at least 5 years

  • 39 % Say neighbors are friendly

  • 35 % Say it's quiet

  • 34 % Say there's wildlife

  • 33 % Say people would walk alone at night

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Michelle F
    "The parking is terrible most of the time you can't find a parking space, and the summer it's so loud with people always blasting their music at night, it's just to active."
    0
    Flag
  • Trulia User
    "sidewalks are small with a lot of fences and gates. a lot of other dogs that are aggressive. parks are far from here not in walking distance with a lot of cemeteries in the area"
    1
    Flag
  • Trulia User
    "brings everyone together peacefully and no drama with people hurting each other or themselves while attending the event that the city put together when needed "
    3
    Flag
  • Trulia User
    "It’s a awesome are and people are every respectful and crewing I live in Newark for 28 years no problems at all."
    9
    Flag
  • Trulia User
    "New environment good place for kids to grow up and and I love the area it’s safe for the kids and the schools are great shopping areas "
    1
    Flag
  • Trulia User
    "I will encourage any family to stay in this environment because it’s very nice place and quite place to stay.. "
    2
    Flag
  • Trulia User
    "Great . I’m close to four bus lines and they take me to other forms of transportation. Just safety issues. I’m weary of standing at the bus lines because of the crime rate. My form of transportation is Uber or family members "
    3
    Flag
  • William W.
    "I have had no issues since living here. its quiet and people dont bother you. I have lived here three years and enjoy my home. I am mindful of where I live but I am not vigilant 24/7. "
    73
    Flag
  • Trulia User
    "This neighborhood is bad, lots of drug dealers selling drugs, shooting, fighting all times of day in night! It was a nightmare living there! They be outside till something in the morning playing loud music! You call the cops they leave then come back when the police leave! It’s a bad area period not for kids to play outside it’s not safe And they make it so dirty in front of your house "
    60
    Flag
  • Big C
    "No area for dogs to play freely like a dog park. Most let their dogs defecate near trees, behind abandon homes and in front of residents houses without picking up their dogs mess."
    8
    Flag
  • Chemisse B.
    "I reside in an up and coming neighborhood. There are new construction projects. There is public transportation allowing ease to get around. You can get to NYC easily. There are shops, stores, grocery stores, and close to a hospital. "
    6
    Flag
  • Peekaymartin
    "easy commute to public transportation. easy commute to major highways. easy commute to new York, airport, malls etc"
    5
    Flag
  • Jussmackdaddy
    "THE GENTRIFICATION OF WORKING CLASS FAMILIES SHARING THE SAME GOALS. AFRICANS CARRIBEANS HISPANICS AND AFRICAN AMERICANS ARE ALIKE. THERE'S A A CHURCH IN MY BLOCK THAT SERVICES COMMUNITIES NEAR AND FAR WITH THEIR RELIGIOUS PANTRY AND OTHER SERVICES. THERE ARE COLONIAL STYLE AND TOWNHOUSES. BUS AND SHOPPING ARE CLOSE TO TRANSPORTATION. FASTFOOD RESTAURANTS ARE NEARBY EITHER YOU CAN GO OR STAY.WHAT I REALLY LOVE ABOUT IT IS MY RESPECT FOR A COUPLE OF ELDERLY NEIGHBORS TELLING ME THE HISTORY OF THE NEIGHBORHOOD AND THE CHANGES THROUGHOUT THE YEARS. THERE'S A CHARTER SCHOOL THAT'S ONE BLOCK AWAY AS WELL AS A HOSPITAL 2 BLOCKS AWAY. SO THAT WHAT MAKES MY NEIGHBOR UNIQUE. IT OPENS THE DOOR FOR THE NEXT GENERATION THAT I MUST BE PREPARED FOR."
    100
    Flag
  • Angelique T.
    "it's ok but just not for me want to move to a better place some parts are ok but some are not wish to find a better place to stay "
    35
    Flag
  • Angelique T.
    "not sure but I just want to move to a better spot than where I'm at now because people don't respect one another I would like to be in a peaceful area "
    16
    Flag
  • Latoyah T.
    "I live in the neighborhood, moved here from NY due to rent being really high & NJ isn’t much of a difference. A lot of abandoned houses, broken sidewalks & riddled streets. "
    85
    Flag

LGBTQ Local Legal Protections

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Homes for sale near 131 Fairmount Ave

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Off Market Homes Near 131 Fairmount Ave

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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 2026-02-06 15:19:29 PST Source: New Jersey Multiple Listing, Inc.
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