Rare detached duplex in the East side/bay area of Somers Point. This unique property sits on a large lot and is conveniently located close to the bike path, local shopping, popular bars/restaurants and easy access to multiple shore towns. This property features 2 completely separate units. The front home features 2 bedrooms, 1 bathroom, kitchen, living room, front porch, rear deck, attic storage and full basement with laundry. The updated rear cottage features 1 bedroom, 1 bathroom, living area, kitchen, partial basement for storage and separate laundry room. Both properties have separate electric and gas meters, but water/sewer is shared. Incredible opportunity for an investment property, vacation home or permanent residence. Tons of potential and possibilities to make this property work for you! Call today for your private tour!
Keller Williams Realty Jersey Shore-Ocean CityLicense #8439099Listed on: 04/28/2021
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,959
Year Built
1950
Lot Details
Lot Dimensions are 50' x 145'
Home Design
Duplex
Vinyl Siding
Kitchen
Stove
Microwave
Laundry
Dryer
Washer
Parking
2 Parking Spaces
Gravel Driveway
Outdoor Features
Deck
Patio
Porch
Utilities
Window Unit Cooling System
Forced Air Heating System
Heating System Uses Natural Gas
Separate Meters
Gas Water Heater
Community Details
2 Units
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,959
Year Built
1950
Lot Details
0
Listing Details
Class: Multi-Family
Type: Duplex
Lvt Date: 04/28/2021
Special Features: None
Property Sub Type: MultiFamily
Year Built (Public Record): 1950
Interior Features
Appliances: Dryer, Gas Stove, Microwave, Refrigerator, Washer
Basement: 6 Ft. Or More Head Room
Exterior Features
Outside Features: Deck, Patio, Porch
Siding Exterior: Vinyl
Garage/Parking
Driveway: Gravel
Parking Exterior: Two Car
Utilities
Air Conditioner: Window Units
Heating: Forced Air, Gas-Natural
Sewer: Public Sewer
Water: Public
Water Heater: Gas
Lot Info
Lot Dimensions: 50' x 145'
Multi Family
Number Of Units: 2
Number Of1 Bedroom Units: 1
Number Of2 Bedroom Units: 1
Separate Meters: Cable Tv, Electric, Gas, Hot Water
Ownership History
DateNameOwned ForOwner Type
Jul 2021 - PresentHitesman Elizabeth M Shea3 Years and 10 Months
Private Individual
Purchase Details
Listed on
Apr 28, 2021
Closed on
Jul 30, 2021
Sold by
Veasey Cassandra N
Bought by
Hitesman Elizabeth M Shea
Seller's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
William Hanrahan
Keller Williams Realty Jersey Shore-Ocean City
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%
Total Days on Market
17
Current Estimated Value
$449,130
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,130
Avg. Annual Appreciation
10.11%
Original Mortgage
$299,653
Outstanding Balance
$274,653
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$173,198
Apr 2020 - Jul 2021Veasey Cassandra N1 Year and 3 Months
Private Individual
Purchase Details
Listed on
Feb 11, 2020
Closed on
Apr 7, 2020
Sold by
Surf Road Properttes Llc
Bought by
Veasey Cassandra N
Seller's Agent
Chris Monihan
MONIHAN REALTY
Buyer's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
List Price
$225,000
Sold Price
$225,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.96%
Original Mortgage
$220,924
Interest Rate
3.37%
Mortgage Type
FHA
Aug 2005 - Apr 2020Surf Road Properties Llc14 Years and 8 Months
Company
Purchase Details
Closed on
Aug 8, 2005
Sold by
Meilicke Ronald A
Bought by
Surf Road Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Dec 2003 - Aug 2005Meilicke Ronald A1 Year and 8 Months
Private Individual
Purchase Details
Closed on
Dec 11, 2003
Sold by
Meilicke Robert A
Bought by
Meilicke Ronald A
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 22 E Pierson Ave, Somers Point, NJ 08244 since 28 April 2021 and is currently estimated at $449,130, approximately $719 per square foot. This property was built in 1950. 22 E 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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