# 429 Fairmount Ave, Jersey City

Condominium · 66 units · built c. 1925 · Block 16301, Lot 14.

On Umarelli: https://umarelli.org/jersey-city/16301/14/429-fairmount-ave

More construction in St. Peter's: https://umarelli.org/jersey-city/west-side/st-peters.md

Every lot on block 16301: https://umarelli.org/jersey-city/16301.md

## Building permits

- Alteration, issued Jul 11, 2025, described as “Condo apartment alteration. Remove interior wall to create open kitchen/living area. Raise new wall to enclose fridge and relocate electrical outlet. Partial conversion of dumbwaiter shaft to pantry. Install new floor.”
- Alteration, issued Dec 2, 2020, described as “Replace boiler existing rpz to remain”
- Alteration — Multi-Family, issued Jun 20, 2018, estimated cost $225K

## Property taxes

- Assessment: $11,193,100
- 2025 tax: $261,355
- Assessed land: $4,160,000
- Assessed improvements: $7,033,100
- Condo units with their own tax lots: 64

## Zoning

R-1 (Neighborhood Housing).

## Recent sales

- Dec 8, 2025: $319,000, Unit 0106, 680 sq ft ($469 per sq ft)
- Jul 17, 2024: $335,000, Unit 0512, 685 sq ft ($489 per sq ft)
- Jun 13, 2024: $340,000, Unit 0408, 766 sq ft ($444 per sq ft)
- Aug 23, 2023: $285,000, Unit 0508, 766 sq ft, sold with other lots
- Jul 28, 2023: $229,000, Unit 0506, 680 sq ft, sold with other lots
- Jul 28, 2022: $184,000, Unit 0409, 488 sq ft, sold with other lots
- Jun 1, 2022: $250,500, Unit 0507, 680 sq ft, sold with other lots
- Mar 14, 2022: $230,000, Unit 0208, 766 sq ft, sold with other lots
- Feb 25, 2022: $191,250, Unit 0507, 680 sq ft, sold with other lots
- Dec 21, 2021: $188,000, Unit 0510, 501 sq ft, sold with other lots

The 10 most recent of 25 open-market sales since mid-2019, from the state’s SR1A sales file.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology