NOT LISTED FOR SALE

31 E New Jersey Ave Somers Point, NJ 08244

Estimated Value: $515,000 - $542,000

3 Beds
3 Baths
-- Sq Ft
3,615 Sq Ft Lot

Last Sold March 27, 2024

Last sale price $490,000

Est. 8% increase in value since last sale

Current estimated payment $3,480/month

117 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Wood Siding
  • Mainland Regional High School Rated A-

About This Home

As of March 2024

RARE FIND! LOCATED IN THE BEAUTIFUL HISTORIC DISTRICT OF SOMERS POINT.. JUST STEPS FROM THE BAY, BARS, FINE RESTAURANTS. 2 HOUSES ON ONE LOT! REMODELED 2 BR 2 BATH BUNGALOW WITH CENTRAL AIR, EN-SUITE BATH AND FABULOUS KITCHEN WITH GRANITE COUNTER TOPS, STAINLESS STEEL APPLIANCES AND HARDWOOD FLOORS. THE DETACHED REMODELED EFFICIENCY COTTAGE HAS A PRIVATE OUTSIDE PATIO AREA. THE BACK COTTAGE BOASTS A FULL KITCHEN, BATH AND STACK ABLE WASHER/DRYER. IT FEATURES A MINI-SPLIT HEAT AND AIR. THE MAIN HOUSE WITH A FULL UNFINISHED BASEMENT AND OVERSIZED GARAGE AND OFF-STREET PARKING, COMPLETE THIS DREAM SET UP. **** OPEN HOUSE CANCELED DUE TO ILLNESS****

Last Agent to Sell the Property

SHERRY MAULDIN

BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing Listed on: 11/01/2023

BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing

Last Buyer's Agent

Alec Wolf

HomeSmart First Advantage Realty - Northfield

HomeSmart First Advantage Realty - Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,438

Year Built

  • Built in 1920

Lot Details

  • 3,615

Parking

  • 1.5 Car Garage

Home Design

  • Bungalow
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 36x100
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,438

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Lvt Date: 11/01/2023
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Basement: Full

Exterior Features

  • Siding Exterior: Wood Shingle

Garage/Parking

  • Garage: One And Half Car
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 36x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Mar 14, 2024
Sold by
Green Hills Ct Holdings Llc
Bought by
Brown Richard and Tognucci David
Seller's Agent
SHERRY MAULDIN
BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing
Buyer's Agent
Alec Wolf
HomeSmart First Advantage Realty - Northfield
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%
Views
558
Current Estimated Value
$529,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,041
Avg. Annual Appreciation
5.55%
Original Mortgage
$135,000
Outstanding Balance
$133,200
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$395,841

Purchase Details

Listed on
Sep 11, 2018
Closed on
Nov 15, 2018
Sold by
Eleanor M Cimini Trust
Bought by
Green Hills Ct Holdings Llc
Seller's Agent
Amy Sullivan
RE/MAX ATLANTIC
Buyer's Agent
SHERRY MAULDIN
BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%

Purchase Details

Closed on
Jul 12, 2001
Sold by
Cimini Eleanor M
Bought by
Eleanor M Cimini Trust and Cimini Eleanor M

Purchase Details

Closed on
Sep 2, 1994
Sold by
Kazajian Philip
Bought by
Cimini Guido and Cimini Eleanor
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 Buyer Sale Price Title Company
Brown Richard $490,000 National Integrity
Green Hills Ct Holdings Llc $215,000 The Title Co Of Jersey
Eleanor M Cimini Trust -- --
Cimini Guido $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tognucci David $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $490,000 -1.8% --
02/26/2024 02/26/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $499,000 -5.8% --
01/29/2024 01/29/24 Price Changed $529,900 -3.5% --
01/17/2024 01/17/24 Price Changed $549,000 0.0% --
01/17/2024 01/17/24 For Sale $549,000 -8.3% --
11/29/2023 11/29/23 Pending -- -- --
11/17/2023 11/17/23 Price Changed $599,000 -3.4% --
11/01/2023 11/01/23 For Sale $619,900 0.0% --
10/15/2022 10/15/22 Rented -- -- --
09/26/2022 09/26/22 For Rent $1,000 0.0% --
11/15/2018 11/15/18 Sold $215,000 -4.4% --
10/20/2018 10/20/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $225,000 -- --
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
2025 $7,438 $255,600 $78,600 $177,000
2024 $7,438 $208,000 $78,600 $129,400
2023 $6,949 $208,000 $78,600 $129,400
2022 $6,949 $208,000 $78,600 $129,400
2021 $6,845 $208,000 $78,600 $129,400
2020 $6,706 $208,000 $78,600 $129,400
2019 $6,517 $208,000 $78,600 $129,400
2018 $6,379 $208,000 $78,600 $129,400
2017 $6,151 $208,000 $78,600 $129,400
2016 $5,872 $208,000 $78,600 $129,400
2015 $5,812 $208,000 $78,600 $129,400
2014 $5,616 $208,000 $78,600 $129,400
Source: Public Records

Agents Affiliated with this Home

  • SHERRY MAULDIN

    Seller's Agent in 2024

    SHERRY MAULDIN

    BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing

    (215) 570-6737

    3 in this area

    32 Total Sales

    SHERRY MAULDIN
    Section Image
  • Alec Wolf

    Buyer's Agent in 2024

    Alec Wolf

    HomeSmart First Advantage Realty - Northfield

    (856) 381-5896

    8 in this area

    58 Total Sales

    Alec Wolf
    Section Image
  • Amy Sullivan

    Seller's Agent in 2018

    Amy Sullivan

    RE/MAX

    (609) 457-1851

    13 in this area

    92 Total Sales

    Amy Sullivan
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 579313

South Jersey Shore Regional MLS

APN: 21-01613-0000-00008

New Jersey Atlantic County Somers Point 08244

31 E New Jersey Ave, Somers Point, NJ

This home is located at 31 E New Jersey Ave, Somers Point, NJ 08244 since 01 November 2023 and is currently estimated at $529,041. This property was built in 1920. 31 E New Jersey 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.
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