NOT LISTED FOR SALE

1516 Somers Point Rd Egg Harbor Township, NJ 08234

Estimated Value: $110,000 - $442,434

4 Beds
3 Baths
2,594 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $80,000 $31 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $1,581/month

3 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • More Than Two Accessible Exits
  • Egg Harbor Township High School Rated A

About This Home

As of January 2024

Calling all Investors! This 4-bedroom 3 bath homes has endless possibilities in a great location!

Last Agent to Sell the Property

Karen Kozak

(856) 979-2887 karenkozak@aol.com Realty Mark Cityscape-Huntingdon Valley License #1859692 Listed on: 01/03/2024

Realty Mark Cityscape-Huntingdon Valley

Last Buyer's Agent

Karen Kozak

(856) 979-2887 karenkozak@aol.com Realty Mark Cityscape-Huntingdon Valley License #1859692 Listed on: 01/03/2024

Realty Mark Cityscape-Huntingdon Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,471

Year Built

  • Built in 1940

Parking

  • 7 Parking Spaces

Home Design

  • Traditional Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,594 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Well
  • On Site Septic

Additional Features

  • More Than Two Accessible Exits
  • Lot Dimensions are 99.00 x 320.00

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00041
  • Assessor Parcel Number 08-07401-00041

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,471

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2594
  • Living Area Sq Ft: 2594
  • Price Per Sq Ft: 34.70
  • Above Grade Finished Sq Ft: 2594
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 7

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 99.00 x 320.00
  • Lot Size Units: Square Feet
  • Zoning: R-1

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2471.00
  • Assessor Parcel Number: 08-07401-00041
  • Tax Lot: 00041
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: EGG HARBOR TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Sheriff Of The County Of Atlantic
Bought by
Ahasan Realty Llc and Universal Supply Co Inc
Current Estimated Value
$261,359

Purchase Details

Closed on
Jan 31, 2007
Sold by
Drum Fish Llc
Bought by
Geoffrey Dorsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2006
Sold by
Kane Joseph
Bought by
Drum Fish Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Gerace Frank
Bought by
Kane Joseph and Kane Annamarie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ahasan Realty Llc $13,000 Velasquez Anthony
Geoffrey Dorsey $180,000 --
Drum Fish Llc -- --
Kane Joseph $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geoffrey Dorsey $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $80,000 -11.1% $31 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $90,000 +5.9% $35 / Sq Ft
05/18/2022 05/18/22 Sold $85,000 +41.9% $26 / Sq Ft View Prior Sale
03/21/2022 03/21/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $59,900 -- $19 / Sq Ft
Source: Bright 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 $2,485 $74,100 $31,400 $42,700
2024 $2,485 $74,100 $31,400 $42,700
2023 $2,471 $74,100 $31,400 $42,700
2022 $2,471 $74,100 $31,400 $42,700
2021 $2,491 $74,100 $31,400 $42,700
2020 $2,446 $74,100 $31,400 $42,700
2019 $2,379 $74,100 $31,400 $42,700
2018 $5,879 $187,100 $31,400 $155,700
2017 $5,858 $187,100 $31,400 $155,700
2016 $5,626 $187,100 $31,400 $155,700
2015 $5,544 $187,100 $31,400 $155,700
2014 $5,433 $187,100 $31,400 $155,700
Source: Public Records

Agents Affiliated with this Home

  • Karen Kozak

    Seller's Agent in 2024

    Karen Kozak

    Realty Mark Cityscape-Huntingdon Valley

    (856) 979-2887

    2 in this area

    12 Total Sales

    Karen Kozak
    Section Image
  • Federico Maldonado

    Seller's Agent in 2022

    Federico Maldonado

    GRACE PROPERTIES

    (609) 369-3027

    19 in this area

    180 Total Sales

    Federico Maldonado
    Section Image
  • Nataly Maldonado

    Seller Co-Listing Agent in 2022

    Nataly Maldonado

    GRACE PROPERTIES

    (609) 385-3902

    7 in this area

    50 Total Sales

    Nataly Maldonado
    Section Image

  • A

    Buyer's Agent in 2022

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: Bright MLS

MLS Number: NJAC2010848

Bright MLS

APN: 08-07401-0000-00041

New Jersey Atlantic County Egg Harbor Township 08234

1516 Somers Point Rd, Egg Harbor Township, NJ

Not Listed for Sale

Detached

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