$276,000
SOLD AUG 14, 2023

27 E Groveland Ave Somers Point, NJ 08244

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

0 Day on Market

About This Home

As of August 2023

Calling all Investors! Welcome to 27 E Groveland in Somers Point, NJ! This charming duplex offers a unique opportunity for investors or those seeking to convert back to a single family home. The first floor features 2 bedroom and 1 bath unit, while the second floor offers 1 bedroom and 1 bath unit. Currently both units are tenant occupied on a month-to-month lease, providing immediate rental income. However, it is important to note that the current rental rates are below market value. With some tender loving care (TLC), these units have the potential to be transformed into profitable rentals or a beautiful single family residence. Situated in a convenient location and close to amenities, this property holds promise. Take advantage of this excellent opportunity to invest in the thriving Somers Point market. Don't miss out on the potential of 27 E Groveland. Schedule a showing today and envision the possibilities.

Last Agent to Sell the Property

Brian Logue

BHHS FOX and ROACH-Simpson OC Listed on: 06/15/2023

BHHS FOX and ROACH-Simpson OC

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

  • $7,678

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50x100

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Utilities

  • Window Unit Cooling System
  • Separate Meters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,678

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 06/28/2023
  • Year Built: 1925
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Window Units
  • Heating: Radiator
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 50X100

Rental Info

  • Rental Information: 100 Percent Occupancy, Monthly

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 1998
Sold by
Kampert Ronald H
Bought by
Pollack William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5%

Purchase Details

Closed on
Feb 23, 1995
Sold by
Sapio Ann
Bought by
Kampert Ronald H
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Deed $112,000 Commonwealth Land Title Ins
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,000 Construction
Closed $70,000 Construction
Closed $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 Price Changed $2,900 -3.3% $2 / Sq Ft
06/05/2025 06/05/25 For Rent $3,000 0.0% --
05/25/2025 05/25/25 For Sale $550,000 +99.3% $342 / Sq Ft
08/14/2023 08/14/23 Sold $276,000 0.0% --
06/15/2023 06/15/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $275,900 -- --
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 $7,678 $214,700 $75,000 $139,700
2024 $7,678 $214,700 $75,000 $139,700
2023 $7,173 $214,700 $75,000 $139,700
2022 $7,173 $214,700 $75,000 $139,700
2021 $7,066 $214,700 $75,000 $139,700
2020 $6,922 $214,700 $75,000 $139,700
2019 $6,727 $214,700 $75,000 $139,700
2018 $6,585 $214,700 $75,000 $139,700
2017 $6,349 $214,700 $75,000 $139,700
2016 $6,061 $214,700 $75,000 $139,700
2015 $5,999 $214,700 $75,000 $139,700
2014 $5,797 $214,700 $75,000 $139,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 575368

South Jersey Shore Regional MLS

APN: 21-00811-0000-00007