$1,999,999

110 E Maryland Ave Somers Point, NJ 08244

Estimated payment $13,483/month

Total Views 8,041
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • The property is located in a historic district
  • Bay View
  • 1 Car Attached Garage
  • Mainland Regional High School Rated A-
  • Deck
  • Burglar Security System

About This Home

Endless Possibilities Await in This Exceptional 3-Story Building This versatile 3-story building, located in the heart of the Historic Village Waterfront Zone, is serviced by an interior elevator with a lock-out option for the second and third floors. It also features 6-foot-wide interior staircases for easy access between levels. The property includes 16 parking spaces plus 1 designated handicap space, and the building is equipped with a fire sprinkler system and alarm system for enhanced safety and peace of mind. Situated in a zone that allows general business, professional offices, and residential use, this property offers incredible flexibility for various uses and configurations. First Floor – Commercial Space The first floor, previously used as a doctor’s office, is ideally suited for commercial use. It includes eight rooms/offices, two and a half bathrooms, and is handicap accessible. Outdoor decks overlook the serene meadows to the east, creating a peaceful environment for clients or staff. Second Floor – Office or Residential The second floor, also formerly a medical office, can continue as professional office space or be easily converted into a residential unit. It features six rooms/offices, a reception area or living room with a gas fireplace, a general office space (which can be transformed into a kitchen), and three and a half bathrooms. A wrap-around deck provides stunning views of the meadows and the skylines of Atlantic City and Downbeach. Third Floor – Renovated Residential Retreat The third floor is the showpiece of the property, boasting a beautifully renovated living space. It includes a primary suite, a second bedroom with loft offering flexible sleeping arrangements, and a spacious open-concept kitchen and living area with a gas fireplace—perfect for entertaining. The wrap-around decks offer breathtaking views of sunrises, back bays, and marshland wildlife. A Rare Investment or Lifestyle Opportunity Whether you're seeking a mixed-use property for work and living, or looking to maximize your investment through a condo conversion, this building presents endless opportunities. Use one floor for business, and another as your coastal retreat in one of New Jersey’s most beloved shore towns.Opportunities are limitless in this 3-Story Building serviced by an Interior Elevator with Lock-Out option for 2nd and 3rd Floors. There are 6’ wide interior stairs and the site offers 16 Parking Spaces plus 1 Handicap Space. The building is sprinklered for added Fire Protection and also has an Alarm System. The property sits in the Historic Village Waterfront Zone which permits the General Business and Professional Offices as well as Residential This unique property offers Commercial Use on the 1st Floor, (former doctor’s office), with 8 Rooms/Offices plus 2-1/2 Baths. This unit offers Handicap Accessible plus outside decks overlooking the meadows to the east. The 2nd Floor can either be used as an Office, (formerly a doctor’s office), or converted to Residential Use. There are 6 Rooms/Offices, a Reception Area/living Room with Gas Fireplace, General Office Area, (can easily be converted into a Kitchen), plus 3-1/2 Baths. The wrap around deck offers views of surrounding Meadows and Atlantic City and Downbeach skylines. The 3rd Floor is the crown jewel of this property. This floor has been renovated and offers a Primary Suite, plus another Bedroom with a loft that offers many possibilities for sleeping arrangements. The open concept of the Kitchen and Living Room with it’s Gas Fireplace affords the ultimate entertaining space. This combined with the wrap around decks offer spectacular views of unbelievable Sunrises, Back Bays and Waterfowl in the Marshland. Whether you choose to have a place to call home and work, or want to maximize your investment by a Condo Conversion of the 3 Floors and use one floor for either Business or your home away from home at one of the best Shore Towns in New Jersey

Listing Agent

Paul Striefsky

Keller Williams Realty Jersey Shore-Ocean City License #RB-8438559 Listed on: 04/08/2025

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,858

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 93 x 119
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Triplex
  • Slab Foundation

Interior Spaces

  • Ceiling Fan
  • Insulated Windows
  • Bay Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Handicap Accessible
  • Deck
  • The property is located in a historic district

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,858

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Lvt Date: 04/15/2025
  • Year Built: 2005
  • Age: 16 To 20 Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Slab

Exterior Features

  • Outside Features: Bay View, Curbs, Deck, Handicap Access, Sidewalks, Sprinkler System
  • Siding Exterior: Fiber Cement Board Siding
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Blacktop
  • Garage: One Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Historical District, Water View
  • Lot Dimensions: 93 X 119

Rental Info

  • Rental Information: Monthly

Multi Family

  • Number Of Units: 3
  • Separate Meters: Cooling, Cable Tv, Electric, Gas, Heat, Hot Water

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,858 $807,000 $195,000 $612,000
2023 $26,962 $807,000 $195,000 $612,000
2022 $26,962 $807,000 $195,000 $612,000
2021 $26,558 $807,000 $195,000 $612,000
2020 $26,018 $807,000 $195,000 $612,000
2019 $25,283 $807,000 $195,000 $612,000
2018 $24,751 $807,000 $195,000 $612,000
2017 $23,863 $807,000 $195,000 $612,000
2016 $22,782 $807,000 $195,000 $612,000
2015 $22,548 $807,000 $195,000 $612,000
2014 $21,789 $807,000 $195,000 $612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $1,999,999 -- $341 / Sq Ft
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $495,000 None Available
Deed In Lieu Of Foreclosure -- None Available
Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,290,000 Unknown
Closed $900,000 Commercial
Closed $1,129,884 Commercial
Closed $1,150,000 Commercial
Closed $90,000 Commercial
Closed $90,000 Commercial
Closed $100,000 Commercial
Closed $300,000 Commercial
Closed $445,000 Commercial
Previous Owner $1,050,000 Commercial
Previous Owner $327,000 Commercial
Source: Public Records

Similar Home in Somers Point, NJ

  • 301 Mays Landing Rd, Somers Point, NJ 08244

    $2,250,000

    • Studio
    • 301 Mays Landing Rd
    • Somers Point, NJ

    Calling all Multi-Family Investors & Hoteliers!! This is the absolute PERFECT PROPERTY for you to immediately buy right now to scale your portfolio in an UNBEATABLE blue chip location! Turnkey income generating property boasts a whopping 9%+ cap rate based on the last 4 consecutive years of returns which translates to stability, confidence, and upside for expansion opportunity. And the LOCATION

    Kristina Doliszny eXp Realty - Ocean City O382L

    Section Image

Source: South Jersey Shore Regional MLS

MLS Number: 595223

South Jersey Shore Regional MLS

APN: 21-01007-0000-00011