$390,000
SOLD MAY 5, 2025

116 W Ocean Ave Somers Point, NJ 08244

3 Beds
2.5 Baths
2,034 Sq Ft
8,494 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Dining Room
  • Mainland Regional High School Rated A-
  • Central Air
  • Hot Water Heating System

About This Home

As of May 2025

This corner property boasts 3 spacious bedrooms, 2.5 baths, and a 2-car garage. Over the past seven years, numerous updates have enhanced this home, including all-new windows, a fully renovated kitchen with granite countertops, stainless steel appliances, and soft-close cabinetry. Additional upgrades include a new HVAC system, water heater, roof, cement driveway, and sidewalk. Original hardwood flooring runs throughout, adding timeless character to this home.

Last Agent to Sell the Property

DAVID CAMPBELL

Soleil Sotheby's International Realty - A Listed on: 03/04/2025

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Talia Preissman

PLATINUM REAL ESTATE

PLATINUM REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,067

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 95x88
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,067

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds
  • Lvt Date: 03/04/2025
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Wood Burning
  • Flooring: Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Eat In Kitchen

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Paved Road, Sidewalks
  • Siding Exterior: Brick, Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 95x88
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
May 5, 2025
Sold by
Joshi Vasant H and Joshi Vasantkumar
Bought by
Artemiz Llc
Seller's Agent
DAVID CAMPBELL
Soleil Sotheby's International Realty - A
Buyer's Agent
Talia Preissman
PLATINUM REAL ESTATE
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Views
42
Current Estimated Value
$407,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,300
Avg. Annual Appreciation
10.89%
Original Mortgage
$292,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2008
Sold by
Joshi Dinesh H
Bought by
Joshi Vasantkumar H

Purchase Details

Closed on
Feb 22, 2002
Sold by
Kelly William J and Tuso Jana
Bought by
Joshi Dinesh H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.01%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Chesterfield Development Corp
Bought by
Kelly William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
7.71%

Purchase Details

Closed on
May 18, 1999
Sold by
Rabey Gladys E
Bought by
The First National Bank Of Boston
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Deed $390,000 Surety Title
Quit Claim Deed -- Group 21 Title Agency
Bargain Sale Deed $139,000 Group 21 Title Agency
Bargain Sale Deed $122,000 --
Bargain Sale Deed -- Commonwealth Land Title Ins
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $292,500 New Conventional
Previous Owner $100,000 No Value Available
Previous Owner $115,900 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 Sold $390,000 -2.3% $192 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $399,000 -- $196 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

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
2025 $8,067 $225,600 $68,500 $157,100
2024 $8,067 $225,600 $68,500 $157,100
2023 $7,537 $225,600 $68,500 $157,100
2022 $7,537 $225,600 $68,500 $157,100
2021 $7,425 $225,600 $68,500 $157,100
2020 $7,273 $225,600 $68,500 $157,100
2019 $7,068 $225,600 $68,500 $157,100
2018 $6,919 $225,600 $68,500 $157,100
2017 $6,671 $225,600 $68,500 $157,100
2016 $6,369 $225,600 $68,500 $157,100
2015 $6,303 $225,600 $68,500 $157,100
2014 $6,091 $225,600 $68,500 $157,100
Source: Public Records

Agents Affiliated with this Home

  • DAVID CAMPBELL

    Seller's Agent in 2025

    DAVID CAMPBELL

    Solei SIR Margate

    (609) 513-6399

    6 in this area

    53 Total Sales

    DAVID CAMPBELL
    Section Image

  • T

    Buyer's Agent in 2025

    Talia Preissman

    PLATINUM REAL ESTATE

    (609) 517-8183

    1 in this area

    40 Total Sales

    Talia Preissman
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 593769

South Jersey Shore Regional MLS

APN: 21-00220-0000-00001

New Jersey Atlantic County Somers Point 08244

116 W Ocean Ave, Somers Point, NJ

This home is located at 116 W Ocean Ave, Somers Point, NJ 08244 and is currently priced at $390,000, approximately $191 per square foot. This property was built in 1965. 116 W Ocean Ave is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Gospel of Grace Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes