NOT LISTED FOR SALE

2 Harned Ave Somers Point, NJ 08244

Estimated Value: $459,000 - $899,000

2 Beds
1 Bath
3,640 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $435,000 $120 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,558/month

434 Days on Market

Highlights

  • Eat-In Kitchen
  • Laundry Room
  • Zoned Heating
  • Mainland Regional High School Rated A-

About This Home

As of November 2019

FOUR UNIT INVESTMENT PROPERTY! SUPER ATTRACTIVE! One of a kind fully rented quad for sale in Somers Point close to the bay, shopping and dining! Extremely tranquil but convenient residential location. Excellent income producing property with 4 easy to rent 2 bedroom units. Owner pays water, sewer, taxes and insurance the tenants pay gas, electricity and cable! Need appointment for showings since all units are occupied!

Last Agent to Sell the Property

Mary Lou Ferry

FARLEY and FERRY REALTY, INC Listed on: 06/17/2018

Last Buyer's Agent

Vincent Novelli

Compass Real Estate-Margate

Compass Real Estate-Margate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,166

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 74x130

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Crawl Space
  • Storm Screens
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven

Parking

  • 3 Parking Spaces
  • Parking Pad

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Separate Meters
  • Private Water Source
  • Private Sewer

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,166

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Also Includes: Blinds
  • Lvt Date: 06/19/2018
  • Year Built: 1965
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Self Cleaning Oven
  • Basement: Crawl Space
  • Other Rooms: Eat In Kitchen, Kitchen, Laundry/Utility Rm

Exterior Features

  • Outside Features: Curbs, Sidewalks
  • Siding Exterior: Brick, Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric, Multi-Zoned
  • Sewer: Private
  • Water: Private

Lot Info

  • Lot Dimensions: 74X130

Rental Info

  • Rental Information: 100 Percent Occupancy, Lease Required, Monthly, Security Deposit, Yearly

Multi Family

  • Number Of Units: 4
  • Number Of2 Bedroom Units: 4
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2018
Closed on
Nov 4, 2019
Sold by
Murdock Musical Production & Entertainme
Bought by
Da Rya Enterprises Llc
Seller's Agent
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
Buyer's Agent
Vincent Novelli
Compass Real Estate-Margate
List Price
$539,000
Sold Price
$435,000
Premium/Discount to List
-$104,000
-19.29%
Current Estimated Value
$668,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,370
Avg. Annual Appreciation
6.53%
Original Mortgage
$280,000
Outstanding Balance
$247,343
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$384,056

Purchase Details

Closed on
Sep 28, 2007
Sold by
Depalma Walter and Depalma Helle
Bought by
Murdock Musical Productions Llc

Purchase Details

Closed on
Jul 30, 1997
Sold by
Depalma Walter and Depalma Helle
Bought by
Depalma Walter and Depalma Helle
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Da Rya Enterprises Llc $435,000 None Available
Murdock Musical Productions Llc $550,000 Commonwealth Land Title Insu
Depalma Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Da Rya Enterprises Llc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $435,000 -17.8% $120 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
04/01/2019 04/01/19 Rented -- -- --
03/30/2019 03/30/19 Price Changed $529,000 -1.9% $145 / Sq Ft
03/16/2019 03/16/19 For Sale $539,000 0.0% $148 / Sq Ft
02/11/2019 02/11/19 For Rent $1,100 0.0% --
01/23/2019 01/23/19 Rented -- -- --
11/14/2018 11/14/18 Pending -- -- --
11/07/2018 11/07/18 For Rent $1,100 0.0% --
06/17/2018 06/17/18 For Sale $539,000 0.0% $148 / Sq Ft
08/01/2014 08/01/14 Rented -- -- --
07/02/2014 07/02/14 Under Contract -- -- --
05/19/2014 05/19/14 For Rent -- -- --
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 $12,166 $340,200 $82,000 $258,200
2024 $12,166 $340,200 $82,000 $258,200
2023 $11,366 $340,200 $82,000 $258,200
2022 $11,366 $340,200 $82,000 $258,200
2021 $11,196 $340,200 $82,000 $258,200
2020 $10,968 $340,200 $82,000 $258,200
2019 $10,658 $340,200 $82,000 $258,200
2018 $10,434 $340,200 $82,000 $258,200
2017 $10,060 $340,200 $82,000 $258,200
2016 $9,604 $340,200 $82,000 $258,200
2015 $10,561 $378,000 $82,000 $296,000
2014 $10,206 $378,000 $82,000 $296,000
Source: Public Records

Agents Affiliated with this Home

  • Mary Lou Ferry

    Seller's Agent in 2019

    Mary Lou Ferry

    FARLEY and FERRY REALTY, INC

    (609) 289-1139

    93 Total Sales

    Mary Lou Ferry
    Section Image
  • Kathryn Francis

    Buyer's Agent in 2019

    Kathryn Francis

    FARLEY and FERRY REALTY, INC

    (609) 442-8146

    Kathryn Francis
    Section Image

  • C

    Buyer's Agent in 2019

    CORINNE DUNGAN

    RE/MAX

    (609) 380-6727

    5 Total Sales

    CORINNE DUNGAN
    Section Image
  • Vincent Novelli

    Buyer's Agent in 2019

    Vincent Novelli

    Compass Real Estate-Margate

    (609) 335-4501

    3 in this area

    74 Total Sales

    Vincent Novelli
    Section Image
  • MARGARET (MEG) HEARD

    Seller's Agent in 2014

    MARGARET (MEG) HEARD

    BALSLEY/LOSCO-VENTNOR

    (609) 289-6510

    14 Total Sales

    MARGARET (MEG) HEARD
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 507154

South Jersey Shore Regional MLS

APN: 21-00212-0000-00013

New Jersey Atlantic County Somers Point 08244

2 Harned Ave, Somers Point, NJ

This home is located at 2 Harned Ave, Somers Point, NJ 08244 since 17 June 2018 and is currently estimated at $668,370, approximately $183 per square foot. This property was built in 1965. 2 Harned 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes