$157,000
SOLD AUG 28, 2020

27 E Pierson Ave Somers Point, NJ 08244

-- Bed
-- Bath
-- Sq Ft
0.31 Acres

Recently Sold

17% Below List Price

47 Days on Market

Highlights

  • Loft
  • Corner Lot
  • Eat-In Kitchen
  • Mainland Regional High School Rated A-
  • 2 Car Detached Garage
  • Library

About This Home

As of August 2020

Great investment opportunity. The property is currently generating 3 incomes: 2 unit duplex & detached garage. One unit is 2 bedrooms one bath, the other is 1 bedroom one bath, and finally there is a detached garage. All are currently rented out. $175 Garage. $675 for the one bedroom. $1,200 for the two bedroom. The owner per year pays: sewer $756 , water $500, electric $520, and gas $1,500. Property is on a large corner lot in a prime Somers Point location. Amazing view of the bay, bridge, and AC skyline just down the street!

Last Agent to Sell the Property

Dan Boddy

CENTURY 21 FRICK REALTORS License #SP-9485668 Listed on: 05/25/2020

CENTURY 21 FRICK REALTORS

Last Buyer's Agent

MELISSA BENEVENTO

BHHS FOX and ROACH-109 34th OC License #1755690

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,872

Lot Details

  • Lot Dimensions are 90 x 150
  • Corner Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Living Room
  • Dining Area
  • Library
  • Loft
  • Crawl Space
  • Eat-In Kitchen
  • Laundry Room

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,872

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 05/25/2020
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Library/Study, Living Room, Loft

Exterior Features

  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Gravel
  • Garage: Detached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner
  • Lot Dimensions: 90 x 150

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Mbii Management Llc
Bought by
Benevento Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$237,625
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$204,418

Purchase Details

Closed on
Jun 29, 2021
Sold by
Mark Benevento Ii
Bought by
Mbii Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,100
Interest Rate
3.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2020
Closed on
Aug 27, 2020
Sold by
Pdjl Investments Limited Liability Compa
Bought by
Benevento Mark
Seller's Agent
Dan Boddy
CENTURY 21 FRICK REALTORS
Buyer's Agent
MELISSA BENEVENTO
BHHS FOX and ROACH-109 34th OC
List Price
$189,900
Sold Price
$157,000
Premium/Discount to List
-$32,900
-17.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.79%

Purchase Details

Listed on
Feb 18, 2013
Closed on
Oct 11, 2013
Sold by
Persiano Craig M and Persiano Debora R
Bought by
Pdjl Investments Llc
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
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 Type Sale Price Title Company
Deed -- None Listed On Document
Quit Claim Deed -- New Title Company Name
Deed $157,000 None Listed On Document
Deed $155,000 Freedom Title & Abstract Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,750 New Conventional
Previous Owner $165,100 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $25,000 No Value Available
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Pending -- -- --
05/24/2025 05/24/25 Price Changed $429,000 -4.5% --
05/20/2025 05/20/25 Price Changed $449,000 -6.3% --
05/13/2025 05/13/25 For Sale $479,000 +205.1% --
08/28/2020 08/28/20 Sold $157,000 -17.3% --
07/11/2020 07/11/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $189,900 +22.5% --
10/11/2013 10/11/13 Sold $155,000 0.0% --
09/11/2013 09/11/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $155,000 -- --
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
2024 $5,872 $164,200 $80,500 $83,700
2023 $5,486 $164,200 $80,500 $83,700
2022 $5,486 $164,200 $80,500 $83,700
2021 $5,404 $164,200 $80,500 $83,700
2020 $5,294 $164,200 $80,500 $83,700
2019 $5,144 $164,200 $80,500 $83,700
2018 $5,036 $164,200 $80,500 $83,700
2017 $5,497 $185,900 $80,500 $105,400
2016 $5,248 $185,900 $80,500 $105,400
2015 $5,194 $185,900 $80,500 $105,400
2014 $5,019 $185,900 $80,500 $105,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537253

South Jersey Shore Regional MLS

APN: 21-00511-0000-00006