NOT LISTED FOR SALE

323 W New Jersey Ave Somers Point, NJ 08244

Estimated Value: $422,000 - $547,000

4 Beds
2 Baths
-- Sq Ft
9,365 Sq Ft Lot

Last Sold December 14, 2012

Last sale price $234,000

Est. 103% increase in value since last sale

Current estimated payment $3,176/month

188 Days on Market

Highlights

  • Cape Cod Architecture
  • Shed
  • Hot Water Heating System
  • Mainland Regional High School Rated A-
  • Central Air
  • Fenced

About This Home

As of December 2012

Turn-key 4 bedroom 2 bath Cape in the heart of Somers Point. Two blocks from bike path or walk to the beach. Minutes from Ocean City. Gas hot water heat, central air, and full basement. Off street parking, sprinkler system and large fenced yard.

Last Buyer's Agent

Susan Carr

BHHS FOX and ROACH-Northfield

BHHS FOX and ROACH-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,046

Lot Details

  • Lot Dimensions are 75x125
  • Fenced
  • Sprinkler System

Home Design

  • Cape Cod Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Shed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,046

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cape Cod
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 2
  • Basement: Full

Exterior Features

  • Outside Features: Fenced Yard, Shed, Sprinkler System

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 75x125
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
New Dennis J and New Debora A
Bought by
Dennis New And Debora Ann New Revocable Trust and New
Current Estimated Value
$474,283

Purchase Details

Listed on
Apr 10, 2012
Closed on
Dec 14, 2012
Sold by
Innocente Thomas and Innocente Jennifer
Bought by
New Dennis J and New Debora A
Buyer's Agent
Susan Carr
BHHS FOX and ROACH-Northfield
List Price
$234,000
Sold Price
$234,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$187,200
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2001
Sold by
Innocente Thomas and Innocente Helen B
Bought by
Innocente Thomas J and Ingram Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 28, 2000
Sold by
Federal National Mortgage Association
Bought by
Innocente Thomas

Purchase Details

Closed on
May 16, 2000
Sold by
Griffin Michael J and Pnc Bank New Jersey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 12, 1996
Sold by
Craddock Joseph J and Craddock Carelli S
Bought by
Griffin Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.28%

Purchase Details

Closed on
Feb 16, 1996
Sold by
Aversa Louise M and Mancinelli Philip
Bought by
Craddock Joseph J and Craddock Carelli S
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
Dennis New And Debora Ann New Revocable Trust -- None Listed On Document
New Dennis J $234,000 Title Resources Guarnaty Co
Innocente Thomas J $132,000 --
Innocente Thomas $115,000 Fidelity National Title Ins
Federal National Mortgage Association -- --
Griffin Michael J $116,000 Fidelity National Title
Craddock Joseph J $70,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner New Dennis J $187,200
Previous Owner Innocente Thomas J $100,700
Previous Owner Ingram Jennifer $105,000
Previous Owner Griffin Michael J $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $234,000 0.0% --
10/15/2012 10/15/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $234,000 -- --
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 $8,046 $225,000 $74,600 $150,400
2024 $8,046 $225,000 $74,600 $150,400
2023 $7,517 $225,000 $74,600 $150,400
2022 $7,517 $225,000 $74,600 $150,400
2021 $7,405 $225,000 $74,600 $150,400
2020 $7,254 $225,000 $74,600 $150,400
2019 $7,049 $225,000 $74,600 $150,400
2018 $6,901 $225,000 $74,600 $150,400
2017 $6,653 $225,000 $74,600 $150,400
2016 $6,352 $225,000 $74,600 $150,400
2015 $6,287 $225,000 $74,600 $150,400
2014 $6,075 $225,000 $74,600 $150,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 393389

South Jersey Shore Regional MLS

APN: 21-01618-0000-00001-01