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85 Fairmount Ave

Morris Twp, NJ 07960

3 bd 2 ba 1,550 sqft Built 1950 Lot 14,810 sqft single_family
Most recent sale
$638,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $638,000 MLS #3780083
May 5, 2022 Listed $625,000 MLS #3780083
Oct 13, 2021 Listed for rent $3,600 GardenState
Jun 18, 2021 Price changed for rent $3,600 GardenState
May 13, 2021 Listed for rent $3,900 GardenState
Dec 8, 2015 Sold $428,000 Public Record
Oct 8, 2015 Listing removed $450,000 GardenState
Sep 15, 2015 Price changed $450,000 MLS #3251566
Sep 9, 2015 Listed $465,000 MLS #3251566
Feb 6, 2007 Sold $499,900 Public Record
Jul 25, 1986 Sold $215,000 Public Record
Dec 1, 1977 Sold $67,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $187,500 $236,600 $424,100 $8,346
2024 $187,500 $236,600 $424,100 $8,490
2023 $187,500 $236,600 $424,100 $8,503
2022 $168,400 $236,600 $405,000 $7,909
2021 $168,400 $236,600 $405,000 $7,743
2020 $168,400 $236,600 $405,000 $7,541
2019 $168,400 $236,600 $405,000 $7,424
2018 $168,400 $236,600 $405,000 $7,343
2017 $168,400 $236,600 $405,000 $7,294
2016 $168,400 $236,600 $405,000 $7,181
2015 $128,800 $144,000 $272,800 $6,918
2014 $128,800 $144,000 $272,800 $6,828
2013 $128,800 $144,000 $272,800 $6,820
2012 $128,800 $144,000 $272,800 $6,656
2011 $128,800 $144,000 $272,800 $6,490
2010 $128,800 $144,000 $272,800 $6,334
2009 $128,800 $144,000 $272,800 $6,182
2008 $128,800 $144,000 $272,800 $6,176
2007 $125,700 $144,000 $269,700 $5,960

Property facts

Year built
1950
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,550 sqft
Lot size
14,810 sqft
ZIP code
07960
City
Morris Twp
Street
Fairmount Ave
Coordinates
40.79283, -74.50364

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,325
Gross rental yield
4.37%
Implied cap rate
2.84%
Trend-extrapolated value

Frequently asked questions

When did 85 Fairmount Ave last sell?
85 Fairmount Ave most recently sold on Jul 22, 2022 for $638,000.
What is the current tax assessment for 85 Fairmount Ave?
The most recent total assessment for 85 Fairmount Ave (year 2025) is $424,100 with $8,346 in property tax.
How does 85 Fairmount Ave's assessment compare to its last sale price?
The current assessment is 33.5% below the last sale price of $638,000.
When was 85 Fairmount Ave built?
85 Fairmount Ave was built in 1950.
How does 85 Fairmount Ave compare to others on Fairmount Ave?
We track 5 other properties on Fairmount Ave. Browse the list under "Other properties on Fairmount Ave" to compare beds, baths, and sale history.
What are the property facts for 85 Fairmount Ave?
85 Fairmount Ave is a 3 bed, 2 bath, 1,550 sqft, 14,810 sqft lot single_family.
Is 85 Fairmount Ave a flip candidate?
No — 85 Fairmount Ave does not appear in our flips dataset.
Is 85 Fairmount Ave a tax-appeal candidate?
No — 85 Fairmount Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$945.2K
2026 Q4
$942K
ZIP 07960 — Median Price History + Forecast

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