NOT LISTED FOR SALE

18 Cooper Dr Somers Point, NJ 08244

Estimated Value: $411,000 - $456,000

Studio
-- Bath
-- Sq Ft
9,017 Sq Ft Lot

Last Sold May 17, 2022

Last sale price $340,000

Est. 27% increase in value since last sale

Current estimated payment $2,848/month

25 Days on Market

About This Home

As of May 2022

INVESTOR ALERT!! Don't miss out on this great income producing duplex in Somers Point. Home is a side by side with 2 bedroom 1 bath in each unit. The East side has been fully renovated including a new heater, new flooring throughout, new electric breaker panel, new dishwasher, new windows, new door and more!

Last Agent to Sell the Property

Jeremy Kershbaumer

Compass New Jersey-Ocean City (O463E) Listed on: 03/17/2022

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Giuseppe (Joe) Randazzo, Jr

eXp Realty - Montclair

eXp Realty - Montclair

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,017

Parking

  • Parking Pad

Home Design

  • Duplex

Additional Features

  • Lot Dimensions are 75x118
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

9,017 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Exterior: Parking Pad

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 75x118

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2025
Sold by
Randazzo Giuseppe and Randazzo Marianna
Bought by
Lepard Frank
Current Estimated Value
$431,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 17, 2022
Sold by
Kershbaumer Jeremy and Kershbaumer Danielle
Bought by
Randazzo Giuseppe
Seller's Agent
Jeremy Kershbaumer
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Giuseppe (Joe) Randazzo, Jr
eXp Realty - Montclair
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$255,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jan 24, 2020
Sold by
Ghattas Sameh R and Ghattas Bernadette
Bought by
Kershbaumer Jeremy E and Kershbaumer Danielle C
Seller's Agent
Jeremy Kershbaumer
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Jeremy Kershbaumer
Compass New Jersey-Ocean City (O463E)
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.70%
Original Mortgage
$135,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1988
Bought by
Ghattas Sameh R
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
Lepard Frank $404,000 Innovation Title
Randazzo Giuseppe $350,000 None Listed On Document
Kershbaumer Jeremy E $180,000 First American Mortgage Sln
Ghattas Sameh R $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lepard Frank $303,000
Previous Owner Randazzo Giuseppe $255,000
Previous Owner Kershbaumer Jeremy E $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2022 05/17/22 Sold $340,000 -2.9% --
04/11/2022 04/11/22 Pending -- -- --
04/06/2022 04/06/22 Price Changed $350,000 -6.7% --
03/17/2022 03/17/22 For Sale $375,000 0.0% --
09/11/2020 09/11/20 Rented -- -- --
07/20/2020 07/20/20 For Rent $1,400 +3.7% --
04/30/2020 04/30/20 Rented -- -- --
04/01/2020 04/01/20 For Rent $1,350 0.0% --
01/24/2020 01/24/20 Sold $180,000 -10.0% -- View Prior Sale
01/04/2020 01/04/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $200,000 -- --
Source: South Jersey Shore Regional MLS

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 $7,524 $210,400 $103,100 $107,300
2024 $7,524 $210,400 $103,100 $107,300
2023 $7,029 $210,400 $103,100 $107,300
2022 $7,029 $210,400 $103,100 $107,300
2021 $6,924 $210,400 $103,100 $107,300
2020 $6,783 $210,400 $103,100 $107,300
2019 $6,592 $210,400 $103,100 $107,300
2018 $6,453 $210,400 $103,100 $107,300
2017 $6,222 $210,400 $103,100 $107,300
2016 $5,940 $210,400 $103,100 $107,300
2015 $5,879 $210,400 $103,100 $107,300
2014 $5,681 $210,400 $103,100 $107,300
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Kershbaumer

    Seller's Agent in 2022

    Jeremy Kershbaumer

    Compass New Jersey-Ocean City (O463E)

    (609) 367-3669

    1 in this area

    68 Total Sales

    Jeremy Kershbaumer
    Section Image

  • G

    Buyer's Agent in 2022

    Giuseppe (Joe) Randazzo, Jr

    eXp Realty - Montclair

    (215) 768-4593

    2 in this area

    6 Total Sales

    Giuseppe (Joe) Randazzo, Jr
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 560773

South Jersey Shore Regional MLS

APN: 21-00723-0000-00009

New Jersey Atlantic County Somers Point 08244

18 Cooper Dr, Somers Point, NJ

Not Listed for Sale

MultiFamily

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