NOT LISTED FOR SALE

38 Anchorage Ln Somers Point, NJ 08244

Somers Point Historic District Neighborhood

Estimated Value: $179,223 - $199,000

0.08 Acre
$2,363,900 Price per Acre
3,485 Sq Ft Lot

Last Sold August 29, 2023

Last sale price $160,000

Est. 18% increase in value since last sale

Current estimated payment $1,223/month

16 Days on Market

About This Lot

As of August 2023

Prime lot by the Bay in Somers Point . Located on a quiet street that's conveniently located and walking distance to the bay beach, boating activities & marina's, and to established local restaurants such as Anchorage Tavern, Charlie's, & Tavern By the Bay. Love the beach and Ocean City? Quick and easy access to the OC bridge! Great location and opportunity here. Hurry, this lot won't last long!

Last Listed By

Colleen Bell

RE/MAX COASTAL License #0675228 Listed on: 08/01/2023

RE/MAX COASTAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,038

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x81
  • Cleared Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,038

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 08/01/2023
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Lot Dimensions: 50x81
  • Number Of Acres: 0.08
  • Improvements: Paved Road
  • Number Of Lots: One
  • Topography: Cleared
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Aug 25, 2023
Sold by
Palmer Joseph J Le
Bought by
Mccullough Drew
Seller's Agent
Colleen Bell
RE/MAX COASTAL
Buyer's Agent
Nicole Carter
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Total Days on Market
16
Views
231
Current Estimated Value
$189,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,112
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
May 17, 1975
Bought by
Palmer Joseph J

Range of Values:

Collateral Analytics

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ICE

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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
Mccullough Drew $160,000 Westcor Land Title
Palmer Joseph J $14,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $160,000 +6.7% --
08/17/2023 08/17/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $150,000 -- --
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 $2,038 $57,000 $57,000 $0
2023 $1,904 $57,000 $57,000 $0
2022 $1,904 $57,000 $57,000 $0
2021 $1,876 $57,000 $57,000 $0
2020 $1,838 $57,000 $57,000 $0
2019 $1,786 $57,000 $57,000 $0
2018 $1,748 $57,000 $57,000 $0
2017 $2,351 $79,500 $79,500 $0
2016 $2,244 $79,500 $79,500 $0
2015 $2,221 $79,500 $79,500 $0
2014 $2,147 $79,500 $79,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Bell

    Seller's Agent in 2023

    Colleen Bell

    RE/MAX

    (609) 204-2935

    192 Total Sales

    Colleen Bell
    Section Image
  • Nicole Carter

    Buyer's Agent in 2023

    Nicole Carter

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    4 Total Sales

    Nicole Carter
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 576448

South Jersey Shore Regional MLS

APN: 21-01712-0000-00027

New Jersey Atlantic County Somers Point 08244 Somers Point Historic District

38 Anchorage Ln, Somers Point, NJ

Homes for Sale in Somers Point, NJ

This home is located at 38 Anchorage Ln, Somers Point, NJ 08244 since 01 August 2023 and is currently estimated at $189,112. 38 Anchorage Ln 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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