NOT LISTED FOR SALE

38 Gibbs Ave Somers Point, NJ 08244

Estimated Value: $420,000 - $603,000

3 Beds
1 Bath
1,482 Sq Ft
$354/Sq Ft Est. Value

About This Home

This home is located at 38 Gibbs Ave, Somers Point, NJ 08244 and is currently estimated at $524,522, approximately $353 per square foot. 38 Gibbs 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2002
Sold by
Dougherty James F and Dougherty Sarah B
Bought by
Sheppard John
Current Estimated Value
$524,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$37,955
Interest Rate
5.5%
Estimated Equity
$486,567

Purchase Details

Closed on
Sep 30, 2001
Sold by
Dougherty Richard A
Bought by
Dougherty James F and Dougherty Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.47%

Purchase Details

Closed on
Jun 9, 1997
Sold by
Cohen Robert and Cohen Anna
Bought by
Dougherty Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sheppard John $110,000 The Title Company Of Jersey
Dougherty James F $110,000 --
Dougherty Richard A $110,000 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard John $100,000
Previous Owner Dougherty James F $69,000
Previous Owner Dougherty Richard A $70,000
Source: Public Records

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 $7,642 $213,700 $79,000 $134,700
2024 $7,642 $213,700 $79,000 $134,700
2023 $7,140 $213,700 $79,000 $134,700
2022 $7,140 $213,700 $79,000 $134,700
2021 $7,033 $213,700 $79,000 $134,700
2020 $6,890 $213,700 $79,000 $134,700
2019 $6,695 $213,700 $79,000 $134,700
2018 $6,554 $213,700 $79,000 $134,700
2017 $6,319 $213,700 $79,000 $134,700
2016 $6,033 $213,700 $79,000 $134,700
2015 $5,971 $213,700 $79,000 $134,700
2014 $5,770 $213,700 $79,000 $134,700
Source: Public Records

Map

New Jersey Atlantic County Somers Point 08244

38 Gibbs Ave, Somers Point, NJ

Not Listed for Sale

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