NOT LISTED FOR SALE

158 W Pierson Ave Somers Point, NJ 08244

Estimated Value: $471,000

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold March 16, 2022

Last sale price $365,000

Est. 29% increase in value since last sale

Current estimated payment $3,147/month

Highlights

  • Workshop
  • 2 Car Detached Garage
  • Laundry Room
  • Mainland Regional High School Rated A-
  • Living Room
  • Shed

About This Home

As of March 2022

Great Investment property close to the bike path in Somers Point. This duplex features a 3 Bedroom 2 bath Cape Cod in the front and a 1 Bedroom 1 bath cottage in the rear on an oversized lot with a separate workshop with out back. The spacious front unit has gas heat, central air, a large kitchen, dining room, family room, and an unfinished basement. The charming cottage outback is a perfect income producer as a yearly rental or an Air B&B. The oversized lot has two driveways and plenty of space for everything. Both Units are tenant occupied with long term tenants who are month to month leases. Come check it out!!

Last Agent to Sell the Property

Kevin Mcgonigle

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 02/04/2022

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Dennis Mullen

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0455118

Last Buyer's Agent

Kevin Mcgonigle

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 02/04/2022

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,796

Lot Details

  • 0.27

Home Design

  • Duplex
  • Asbestos Siding
  • Vinyl Siding

Interior Spaces

  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Workshop
  • Storage In Attic
  • Storm Screens

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • 2 Car Detached Garage
  • Stone Driveway

Utilities

  • Central Air
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • Shed
  • Lot Dimensions are 80'x145'

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,796

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains
  • Lvt Date: 02/05/2022
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Full, Partial, Unfinished
  • Other Rooms: Dining Room, Kitchen, Laundry/Utility Rm, Living Room, Storage Attic, Workshop

Exterior Features

  • Outside Features: Curbs, Shed
  • Siding Exterior: Asbestos, Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Stone
  • Garage: Detached Garage
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Lot Dimensions: 80'x145'

Rental Info

  • Rental Information: 100 Percent Occupancy, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric, Gas, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
May 4, 2022
Seller's Agent
Kevin Mcgonigle
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kevin Mcgonigle
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%
Current Estimated Value
$471,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,000
Avg. Annual Appreciation
6.99%
Original Mortgage
$362,142
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Jan 30, 2004
Sold by
Adamson Halbert

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
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 1996
Sold by
Hood Robert Walton
Bought by
Adamson Halbert T Tom
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
-- $365,000 Vernon Allen H
-- $227,500 --
-- $227,500 Fidelity National Title
Adamson Halbert T Tom $28,163 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $362,142
Previous Owner -- $180,000
Closed Adamson Halbert T Tom $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $365,000 -2.6% --
02/09/2022 02/09/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $374,900 -- --
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 $7,796 $218,000 $69,300 $148,700
2024 $7,796 $218,000 $69,300 $148,700
2023 $7,283 $218,000 $69,300 $148,700
2022 $7,283 $218,000 $69,300 $148,700
2021 $7,174 $218,000 $69,300 $148,700
2020 $7,028 $218,000 $69,300 $148,700
2019 $6,830 $218,000 $69,300 $148,700
2018 $6,686 $218,000 $69,300 $148,700
2017 $6,446 $218,000 $69,300 $148,700
2016 $6,154 $218,000 $69,300 $148,700
2015 $6,091 $218,000 $69,300 $148,700
2014 $5,886 $218,000 $69,300 $148,700
Source: Public Records

Agents Affiliated with this Home

  • Kevin Mcgonigle

    Seller's Agent in 2022

    Kevin Mcgonigle

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 226-6046

    4 in this area

    58 Total Sales

    Kevin Mcgonigle
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Dennis Mullen

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 602-0275

    1 in this area

    3 Total Sales

    Dennis Mullen
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 559367

South Jersey Shore Regional MLS

APN: 21-00613-0000-00018

New Jersey Atlantic County Somers Point 08244

158 W Pierson Ave, Somers Point, NJ

This home is located at 158 W Pierson Ave, Somers Point, NJ 08244 since 04 February 2022 and is currently estimated at $471,000. 158 W Pierson 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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