$700,000
PENDING PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

123 E Cedar Ave Somers Point, NJ 08244

Estimated payment $5,088/month

Total Views 17,601
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Loft
  • Mainland Regional High School Rated A-
  • Wood Flooring
  • Den

About This Home

Panoramic water views over Somers Point back bays from this massive unique custom built home on a huge lot. Very spacious layout with tons of space including an unfinished 1700 sq foot basement. Property needs full Renovation but the possibilities are endless! Subject to a short sale approval but attorney is in place ready for an offer. Easy to schedule a showing just text listing agent. Includes view of the sunrise and skylines over OC Margate and AC. Natural Gas heating, central air, alarm system, outdoor shed with shower and concrete pad, 7 bedroom potential, footings for garage with studio apartment, garage with rear alley access, wrap around porch, whole house vacuum and audio sound system, ethernet connections, towel warmers, no flooding, and 100 lineal ft of custom stamped concrete sidewalks. Bring all offers!

Listing Agent

CHARLES COSTELLO

eREALTY ADVISORS, INC License #0456970

eREALTY ADVISORS, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,483

Year Built

  • 2004

Lot Details

  • Lot Dimensions are 100x100
  • Property Fronts a Bay or Harbor
  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Gas Log Fireplace
  • Dining Room
  • Den
  • Loft
  • Storage
  • Wood Flooring
  • Water Views
  • Storage In Attic

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,483

Year Built

2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 11 To 15 Years
  • Also Includes: Partially Furnished
  • Lvt Date: 05/18/2024
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built (Public Record): 2004

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Fireplace: Gas Log
  • Flooring: Hardwood
  • Interior Amenities: Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: 6 Ft. Or More Head Room, Full, Inside Entrance, Unfinished
  • Other Rooms: Den/Tv Room, Dining Room, In-Law Quarters, Laundry/Utility Room, Loft, Pantry, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Needs Work, Patio, Paved Road, Porch, Sidewalks
  • Siding Exterior: Vinyl

Utilities

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

Lot Info

  • Location: Bay Front, Water View
  • Lot Dimensions: 100x100
  • Lot Size: Less Than One Acre

Map

Range of Values:

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Average Value
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Sold Price
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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 $14,483 $405,000 $80,000 $325,000
2023 $13,531 $405,000 $80,000 $325,000
2022 $13,531 $405,000 $80,000 $325,000
2021 $13,329 $405,000 $80,000 $325,000
2020 $16,810 $521,400 $80,000 $441,400
2019 $16,335 $521,400 $80,000 $441,400
2018 $15,991 $521,400 $80,000 $441,400
2017 $15,418 $521,400 $80,000 $441,400
2016 $14,719 $521,400 $80,000 $441,400
2015 $14,568 $521,400 $80,000 $441,400
2014 $14,078 $521,400 $80,000 $441,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $700,000 -- --
Source: South Jersey Shore Regional MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Federation Title Agency
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $716,000 No Value Available
Closed $580,000 Stand Alone First
Closed $25,000 Stand Alone Refi Refinance Of Original Loan
Closed $300,000 Construction
Closed $118,756 Unknown
Closed $98,076 Unknown
Source: Public Records

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Source: South Jersey Shore Regional MLS

MLS Number: 585329

South Jersey Shore Regional MLS

APN: 21-00710-0000-00004