Seller's Agent in 2019
James W. Sofroney Jr.
KELLER WILLIAMS REALTY JERSEY SHORE-Sea Isle City
(609) 425-5555
1 in this area
47 Total Sales
128 Gibbs Ave Unit 1 Somers Point, NJ 08244
Estimated Value: $511,000 - $593,000
2
Beds
1
Bath
--
Sq Ft
958
Sq Ft Lot
Highlights
- Boat Dock
- Property Fronts a Bay or Harbor
- Main Floor Primary Bedroom
- Mainland Regional High School Rated A-
- Wood Flooring
- Ground Level Unit
About This Home
As of December 2019Bring your boat to paradise. Bayside III is the ultimate waterfront experience in Somers Point. This is undoubtedly the best kept secret being offered directly on the Great Egg Harbor Bay. Unit #1 is an extremely spacious and luxurious bayfront first floor unit with 936 s.f. of opulent living space. This two bedroom masterpiece has been completed stripped down and renovated from top to bottom including new flooring, drywall, spray foam insulation, windows, custom kitchen cabinets, quartz counter tops, new bathroom, interior/exterior doors, stainless appliances, trim package, and more. The project and grounds of this historic waterfront building with only 3 units are also brand new including roof, exterior painting, vinyl bulkhead, pavers, landscaping, spectacular common bayside sun deck, and your own small bayside outdoor bar. The beauty of this entire offering is the brand new private steel fishing pier with 4 large boatslips. The newly constructed fishing pier is over 200 feet long (6-8 ft. wide) with custom aluminum railings, solar lighting and vinyl pilings. The pier alone must been seen in person to truly appreciate the magnificent views in every direction. Just look at the photos and imagine owning a piece of history. Sit and just relax on your private covered patio with new awning, the common bayside deck or take a walk and cast your fishing rod out at the end of your own private fishing pier and boatslip. Private Boatslip is included in this offering price.
Last Agent to Sell the Property
KELLER WILLIAMS REALTY JERSEY SHORE-Sea Isle City Listed on: 08/25/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,301
Lot Details
- Property Fronts a Bay or Harbor
- Fenced
Parking
- 1 Parking Space
Home Design
- Stucco
Interior Spaces
- 2-Story Property
- Great Room
- Dining Area
- Wood Flooring
- Water Views
Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
Additional Features
- Handicap Accessible
- Ground Level Unit
Community Details
Overview
- Bayside Condos
Recreation
- Boat Dock
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2019
Closed on
Dec 12, 2019
Sold by
Sofroney James
Bought by
Fotiou William A and Fotiou Suzanne
Seller's Agent
James W. Sofroney Jr.
KELLER WILLIAMS REALTY JERSEY SHORE-Sea Isle City
Buyer's Agent
Frank Levin
eXp Realty - Ocean City S382K
List Price
$359,900
Sold Price
$300,000
Premium/Discount to List
-$59,900
-16.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,977
Avg. Annual Appreciation
10.93%
Purchase Details
Closed on
May 12, 2014
Sold by
Levari David C
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
May 7, 2004
Sold by
Monteleone Debra
Bought by
Dethomas & Levari Inc
Purchase Details
Closed on
Jul 24, 2003
Sold by
Rowe Ronald L
Bought by
Dethomasis & Levari Inc
Purchase Details
Closed on
Feb 13, 2001
Sold by
Ridgway Mary Jane
Bought by
Dethomasis & Levari Inc and Flannigan Steven
Purchase Details
Closed on
Feb 16, 1999
Sold by
Lapalombara Samuel
Bought by
Lapalombara Lola
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fotiou William A | $300,000 | Freedom Title & Abstract Co | |
| The Bank Of New York Mellon | -- | None Available | |
| Dethomas & Levari Inc | $36,000 | -- | |
| Dethomasis & Levari Inc | $30,000 | -- | |
| Dethomasis & Levari Inc | $100,000 | -- | |
| Lapalombara Lola | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2019 12/12/19 | Sold | $300,000 | -11.7% | -- | |
| 11/01/2019 11/01/19 | Pending | -- | -- | -- | |
| 09/24/2019 09/24/19 | Price Changed | $339,900 | -2.9% | -- | |
| 09/10/2019 09/10/19 | Price Changed | $349,900 | +75.0% | -- | |
| 09/10/2019 09/10/19 | Price Changed | $199,900 | -42.9% | -- | |
| 09/07/2019 09/07/19 | Price Changed | $349,900 | -2.8% | -- | |
| 08/25/2019 08/25/19 | For Sale | $359,900 | +585.5% | -- | |
| 01/31/2017 01/31/17 | Sold | $52,500 | 0.0% | -- | View Prior Sale |
| 01/03/2017 01/03/17 | Pending | -- | -- | -- | |
| 12/26/2016 12/26/16 | For Sale | $52,500 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $9,301 | $260,100 | $108,000 | $152,100 |
| 2024 | $9,301 | $260,100 | $108,000 | $152,100 |
| 2023 | $8,690 | $260,100 | $108,000 | $152,100 |
| 2022 | $8,690 | $260,100 | $108,000 | $152,100 |
| 2021 | $8,560 | $260,100 | $108,000 | $152,100 |
| 2020 | $5,974 | $185,300 | $108,000 | $77,300 |
| 2019 | $5,805 | $185,300 | $108,000 | $77,300 |
| 2018 | $5,683 | $185,300 | $108,000 | $77,300 |
| 2017 | $5,479 | $185,300 | $108,000 | $77,300 |
| 2016 | $5,231 | $185,300 | $108,000 | $77,300 |
| 2015 | $5,177 | $185,300 | $108,000 | $77,300 |
| 2014 | $6,542 | $242,300 | $165,000 | $77,300 |
Source: Public Records
Agents Affiliated with this Home
-
James W. Sofroney Jr.
-
Frank Levin
F
Buyer's Agent in 2019
Frank Levin
eXp Realty - Ocean City S382K
(609) 602-3020
4 in this area
13 Total Sales
-
BRETT NEAL
B
Seller's Agent in 2017
BRETT NEAL
Shoreside Realty LLC
(856) 229-2229
2 in this area
118 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 527030
APN: 21-01511-0000-00008-0000-C0001
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Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
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