NOT LISTED FOR SALE

17 E Connecticut Ave Somers Point, NJ 08244

Estimated Value: $442,000 - $698,000

-- Bed
-- Bath
2,040 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $325,000 $159 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,460/month

17 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Mainland Regional High School Rated A-

About This Home

As of March 2023

Fantastic duplex investment opportunity by the shore, located in the historic bay village area on the east side. 17 E. Connecticut Ave. has been very well maintained, and offers two bedrooms and one bathroom on the first floor, and three bedrooms and one bath on the second floor. Both units have their own separate full size washer and dryers, multiple off street parking spots, storage, central air, and natural gas forced air heating.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 12/28/2022

Last Buyer's Agent

Robert Idell

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,562

Year Built

  • Built in 1940

Lot Details

  • 7,144

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Concrete Siding
  • Vinyl Siding

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Storage In Attic

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Lot Dimensions are 52 x 137

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,562

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 12/28/2022
  • Year Built: 1940
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer
  • Other Rooms: Laundry/Utility Rm, Storage Attic

Exterior Features

  • Outside Features: Deck
  • Siding Exterior: Concrete, Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 52 x 137

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Mar 3, 2023
Sold by
Malone Nichol M
Bought by
Dlsn Properties Llc
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Robert Idell
BHHS FOX and ROACH-Simpson OC
List Price
$379,900
Sold Price
$325,000
Premium/Discount to List
-$54,900
-14.45%
Views
69
Current Estimated Value
$551,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,712
Avg. Annual Appreciation
22.96%

Purchase Details

Closed on
Jan 31, 2011
Sold by
Michel Ursula
Bought by
Malone Nichol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2000
Sold by
Vay Nona J
Bought by
Michel Richard and Michel Ursula
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
Dlsn Properties Llc $325,000 Freedom Title & Abstract
Malone Nichol M $185,000 Freedom Title & Abstract Com
Michel Richard $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 17 E Conn Llc $292,500
Previous Owner Malone Nichol M $154,000
Previous Owner Malone Nichol M $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $325,000 -14.5% $159 / Sq Ft
03/01/2023 03/01/23 For Sale $379,900 0.0% $186 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $379,900 -5.0% $186 / Sq Ft
12/28/2022 12/28/22 For Sale $399,900 -- $196 / Sq Ft
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 $6,562 $183,500 $75,500 $108,000
2024 $6,562 $183,500 $75,500 $108,000
2023 $6,131 $183,500 $75,500 $108,000
2022 $6,131 $183,500 $75,500 $108,000
2021 $6,039 $183,500 $75,500 $108,000
2020 $5,916 $183,500 $75,500 $108,000
2019 $5,749 $183,500 $75,500 $108,000
2018 $5,628 $183,500 $75,500 $108,000
2017 $5,426 $183,500 $75,500 $108,000
2016 $5,180 $183,500 $75,500 $108,000
2015 $5,127 $183,500 $75,500 $108,000
2014 $4,955 $183,500 $75,500 $108,000
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2023

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    50 in this area

    509 Total Sales

    Jeff Quintin
    Section Image
  • Robert Idell

    Buyer's Agent in 2023

    Robert Idell

    BHHS Fox & Roach

    (856) 207-1670

    3 in this area

    82 Total Sales

    Robert Idell
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 569788

South Jersey Shore Regional MLS

APN: 21-01313-0000-00003

New Jersey Atlantic County Somers Point 08244

17 E Connecticut Ave, Somers Point, NJ

This home is located at 17 E Connecticut Ave, Somers Point, NJ 08244 since 28 December 2022 and is currently estimated at $551,712, approximately $270 per square foot. This property was built in 1940. 17 E Connecticut 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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