NOT LISTED FOR SALE

40 Broadway Somers Point, NJ 08244

Estimated Value: $1,758,000 - $1,895,706

4 Beds
3.5 Baths
-- Sq Ft
0.85 Acres

Last Sold February 11, 2021

Last sale price $1,092,500

Est. 67% increase in value since last sale

Current estimated payment $13,258/month

953 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Deck
  • Mainland Regional High School Rated A-
  • In Ground Pool
  • 2-minute walk to John F Kennedy Park

About This Home

As of February 2021

It's better on Broadway! This sprawling and contemporary, waterfront home, located on the Great Egg Harbor Bay has it all. Breath taking views along with a heated in-ground pool and boat dockage, newer bulkhead and docks. The first floor welcomes you with a grand entryway and access to both levels. Living room, dining room, eat-in kitchen, bedroom and bath, and bonus room of a library with sliding glass doors leading to outside entertaining area. You will also find on the first level a large utility room, powder room and garage access. Second floor has the Master Suite with whirlpool tub, walk in closets, and private balcony. Two additional bedrooms and bathroom, exercise room/additional office space, large walk in closets and additional storage space are also located on the second level. Multiple zone gas heat and central air. Ample parking for guests. Natural gas generator for back up power. SHOWN BY APPOINTMENT ONLY-LISTING AGENT MUST ACCOMPANY ALL SHOWINGS-24 HOUR NOTICE

Last Agent to Sell the Property

John Fleming

FLEMING REAL ESTATE License #7911357 Listed on: 02/04/2017

Last Buyer's Agent

Glenn Wagner

MONIHAN REALTY-A License #SP-8343619

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • Lot Dimensions are 100x370
  • Property Fronts a Bay or Harbor
  • Sprinkler System

Home Design

  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Recreation Room
  • Sun or Florida Room
  • Water Views
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Boat Slip
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Curtains, Drapes
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: More Than 1, Built-In, Family Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Skylight(s), Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Lower
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Lower
  • Dining Room: On Level: Lower
  • Family Room: On Level: Lower
  • Kitchen: On Level: Lower
  • Living Room: On Level: Lower
  • Powder Room Level: Lower
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Eat In Kitchen, Florida Room, Laundry/Utility Room, Library/Study, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Boat Slip, Deck, Outside Shower, Patio, Pool-In Ground, Sprinkler System
  • Siding Exterior: Shingle

Garage/Parking

  • Driveway: Blacktop
  • Garage: Two Car, Auto Door Opener, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Baseboard, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Water View
  • Lot Dimensions: 100x370
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2017
Closed on
Feb 9, 2021
Sold by
Shockley William M and Estate Of F Kenneth Shockley
Bought by
Kalsky Eugene
Seller's Agent
John Fleming
FLEMING REAL ESTATE
Buyer's Agent
Glenn Wagner
MONIHAN REALTY-A
List Price
$1,548,800
Sold Price
$1,092,500
Premium/Discount to List
-$456,300
-29.46%
Current Estimated Value
$1,829,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,927
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Apr 27, 2002
Sold by
Miller Stephen L and Miller Janet C
Bought by
Shockley F Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.9%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 17, 1993
Sold by
Andreotta James E
Bought by
Miller Stephen L and Janet Cl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kalsky Eugene $1,092,500 The Title Company Of Jersey
Shockley F Kenneth $1,225,000 Commonwealth Land Title Ins
Miller Stephen L $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shockley F Kenneth $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $1,092,500 0.0% --
12/09/2020 12/09/20 Pending -- -- --
10/09/2020 10/09/20 Off Market $1,092,500 -- --
03/04/2019 03/04/19 Price Changed $1,295,900 -4.0% --
06/14/2018 06/14/18 Price Changed $1,349,900 -12.8% --
05/01/2018 05/01/18 For Sale $1,548,800 +41.8% --
07/27/2017 07/27/17 Off Market $1,092,500 -- --
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 $43,616 $1,219,700 $580,500 $639,200
2024 $43,616 $1,219,700 $580,500 $639,200
2023 $40,750 $1,219,700 $580,500 $639,200
2022 $40,750 $1,219,700 $580,500 $639,200
2021 $45,077 $1,369,700 $580,500 $789,200
2020 $44,159 $1,369,700 $580,500 $789,200
2019 $42,913 $1,369,700 $580,500 $789,200
2018 $42,009 $1,369,700 $580,500 $789,200
2017 $40,502 $1,369,700 $580,500 $789,200
2016 $38,667 $1,369,700 $580,500 $789,200
2015 $38,269 $1,369,700 $580,500 $789,200
2014 $36,982 $1,369,700 $580,500 $789,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 481763

South Jersey Shore Regional MLS

APN: 21-02012-0000-00005