NOT LISTED FOR SALE

1402 Massachusetts Ave Somers Point, NJ 08244

Estimated Value: $336,000 - $360,000

2 Beds
1 Bath
-- Sq Ft
8,494 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $285,000

Est. 23% increase in value since last sale

Current estimated payment $2,274/month

Highlights

  • Ranch Style House
  • Porch
  • Central Air
  • Mainland Regional High School Rated A-
  • Tile Flooring
  • Fenced

About This Home

As of September 2022

Adorable Somers Point Bungalow boasting BRAND NEW GAS HEAT, CA, and Hot WATER HEATER!! Roof is 5 years young! Well cared for home on a nice street featuring 2 bedrooms 1 bath. This Large parcel with a nice fenced in yard is next to a City Playground adding to the open spacious feel! Minutes to Restaurants, Shopping and Beautiful Ocean City Beaches!! Great Primary or Second Home Shore House location!!

Last Agent to Sell the Property

Ellen McGonigle

BHHS FOX and ROACH-Simpson OC Listed on: 08/26/2022

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 75x113
  • Fenced

Home Design

  • Ranch Style House
  • Asbestos Siding

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,056

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 08/26/2022
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Laminate Flooring, Tile, W/W Carpet
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Porch
  • Siding Exterior: Asbestos

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Carport

Utilities

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

Lot Info

  • Lot Dimensions: 75x113
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 30, 2022
Sold by
May Thomas K and May Dana
Bought by
Hornig Stephen and Hornig Emerald
Seller's Agent
Ellen McGonigle
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$279,000
Sold Price
$285,000
Premium/Discount to List
$6,000
2.15%
Views
104
Current Estimated Value
$350,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,859
Avg. Annual Appreciation
7.23%
Original Mortgage
$279,837
Outstanding Balance
$268,338
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$82,521

Purchase Details

Closed on
Nov 17, 2005
Sold by
Allen Ashley
Bought by
May Thomas and May Dana

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
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2001
Sold by
Bergeman Christopher S
Bought by
Allen Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
7.03%

Purchase Details

Closed on
May 9, 1990
Sold by
Kraly Iii Charles J and Kraly Litz,Roxanne
Bought by
Bergman Christopher S
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hornig Stephen $285,000 Freedom Title & Abstract
May Thomas $235,000 --
Allen Ashley M $109,900 --
Bergman Christopher S $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hornig Stephen $279,837
Previous Owner May Dana A $91,400
Previous Owner May Thomas $100,000
Previous Owner Allen Ashley M $126,000
Previous Owner Allen Ashley $106,800
Previous Owner Allen Ashley M $104,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $285,000 +2.2% --
08/28/2022 08/28/22 Pending -- -- --
08/27/2022 08/27/22 Price Changed $279,000 -0.3% --
08/27/2022 08/27/22 Price Changed $279,900 +0.3% --
08/26/2022 08/26/22 For Sale $279,000 -- --
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 $5,056 $141,400 $67,800 $73,600
2024 $5,056 $141,400 $67,800 $73,600
2023 $4,724 $141,400 $67,800 $73,600
2022 $4,724 $141,400 $67,800 $73,600
2021 $4,653 $141,400 $67,800 $73,600
2020 $4,559 $141,400 $67,800 $73,600
2019 $4,430 $141,400 $67,800 $73,600
2018 $4,401 $143,500 $67,800 $75,700
2017 $4,243 $143,500 $67,800 $75,700
2016 $4,051 $143,500 $67,800 $75,700
2015 $4,009 $143,500 $67,800 $75,700
2014 $3,875 $143,500 $67,800 $75,700
Source: Public Records

Agents Affiliated with this Home

  • Ellen McGonigle

    Seller's Agent in 2022

    Ellen McGonigle

    BHHS Fox & Roach

    (609) 602-7507

    2 in this area

    121 Total Sales

    Ellen McGonigle
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2022

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    50 in this area

    509 Total Sales

    Jeff Quintin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 566491

South Jersey Shore Regional MLS

APN: 21-01228-0000-00010

New Jersey Atlantic County Somers Point 08244

1402 Massachusetts Ave, Somers Point, NJ

This home is located at 1402 Massachusetts Ave, Somers Point, NJ 08244 since 26 August 2022 and is currently estimated at $350,859. This property was built in 1970. 1402 Massachusetts 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 Saint Joseph Regional School.

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