NOT LISTED FOR SALE

327 Shore Rd Somers Point, NJ 08244

Estimated Value: $446,000 - $549,000

1 Bed
1 Bath
-- Sq Ft
5,401 Sq Ft Lot

Last Sold July 10, 2020

Last sale price $270,000

Est. 91% increase in value since last sale

Current estimated payment $3,571/month

About This Home

As of December 2020

Freshly painted first floor one bedroom apartment for rent in desirable East Side Somers Point. Vinyl plank flooring newly installed throughout. Walkable distance times the historic bay front. Pay laundry machines on premises. Minimum 1 year lease. First month rent and month and a half security deposit required. Available immediately. $995/month. Only non smokers, good credit need apply with references.

Last Agent to Rent the Property

Robert Shamberg

BHHS DIVERSIFIED REALTY Listed on: 11/30/2020

BHHS DIVERSIFIED REALTY

Last Renter's Agent

Robert Shamberg

BHHS DIVERSIFIED REALTY Listed on: 11/30/2020

BHHS DIVERSIFIED REALTY

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,087

Year Built

  • 1925

Lot Details

  • 5,401

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,087

Year Built

1925

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly
  • Annual Price per Month: 995

Listing Details

  • Class: Rental Non-Commercial
  • Type: Apartment (Rental)
  • Lvt Date: 11/30/2020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1925

Interior Features

  • Bedrooms: 1
  • Full Bathrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jul 10, 2020
Sold by
Surf Road Properties Llc
Bought by
Johnson Stevens Llc
Seller's Agent
Chris Monihan
MONIHAN REALTY
Buyer's Agent
Robert Shamberg
BHHS DIVERSIFIED REALTY
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Current Estimated Value
$516,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,333
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Jul 13, 2001
Sold by
Snow Timothy and Snow Irving E
Bought by
Surf Road Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1993
Sold by
One Sixteen Inc
Bought by
Snow Timothy

Purchase Details

Closed on
Sep 23, 1992
Sold by
Lippi Iii Adrew F
Bought by
One Sixteen Inc
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
Johnson Stevens Llc $270,000 Equity Plus Land Transfer
Surf Road Properties $185,000 --
Snow Timothy $139,000 --
One Sixteen Inc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Surf Road Prop Llc $145,000
Previous Owner Surf Road Properties $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Rented -- -- --
11/30/2020 11/30/20 For Rent $995 0.0% --
07/10/2020 07/10/20 Sold $270,000 -3.5% --
06/13/2020 06/13/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $279,900 -- --
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 $9,087 $254,100 $59,600 $194,500
2024 $9,087 $254,100 $59,600 $194,500
2023 $8,489 $254,100 $59,600 $194,500
2022 $8,489 $254,100 $59,600 $194,500
2021 $8,362 $254,100 $59,600 $194,500
2020 $8,192 $254,100 $59,600 $194,500
2019 $7,961 $254,100 $59,600 $194,500
2018 $7,793 $254,100 $59,600 $194,500
2017 $7,514 $254,100 $59,600 $194,500
2016 $7,173 $254,100 $59,600 $194,500
2015 $7,910 $283,100 $59,600 $223,500
2014 $7,644 $283,100 $59,600 $223,500
Source: Public Records

Agents Affiliated with this Home

  • Chris Monihan

    Seller's Agent in 2020

    Chris Monihan

    MONIHAN REALTY

    (609) 602-3336

    8 in this area

    108 Total Sales

    Chris Monihan
    Section Image
  • Robert Shamberg

    Landlord's Agent in 2020

    Robert Shamberg

    BHHS DIVERSIFIED REALTY

    (609) 335-5711

    5 in this area

    243 Total Sales

    Robert Shamberg
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    MICHAEL FERRENS

    MONIHAN REALTY

    (609) 746-8658

    8 Total Sales

    MICHAEL FERRENS
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 545056

South Jersey Shore Regional MLS

APN: 21-00712-0000-00011

New Jersey Atlantic County Somers Point 08244

327 Shore Rd, Somers Point, NJ

This home is located at 327 Shore Rd, Somers Point, NJ 08244 since 30 November 2020 and is currently priced at $516,333. This property was built in 1925. 327 Shore Rd 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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