NOT LISTED FOR SALE

407 W New Jersey Ave Somers Point, NJ 08244

Estimated Value: $361,000 - $375,085

3 Beds
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold April 22, 2021

Last sale price $234,500

Est. 57% increase in value since last sale

Current estimated payment $2,343/month

Highlights

  • Wood Flooring
  • Bungalow
  • Ceiling Fan
  • Mainland Regional High School Rated A-
  • Outdoor Shower
  • Baseboard Heating

About This Home

As of April 2021

Adorable move in ready 3 bedroom, 1 bath home in desirable area of Somers Point. Great partially fenced in back yard on big 50 x 100 foot lot. Call today to schedule your showing

Last Agent to Sell the Property

PHILLIP BELLUCCI

BERGER REALTY-E Listed on: 02/27/2021

Last Buyer's Agent

Meredith Exum

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1920

Lot Details

  • 5,009

Parking

  • 1 Parking Space

Home Design

  • Bungalow

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Storm Screens

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Outdoor Shower
  • Lot Dimensions are 50 x 100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,774

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Lvt Date: 03/01/2021
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Laminate Flooring, Tile
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Basement: Full

Exterior Features

  • Outside Features: Outside Shower
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 22, 2021
Sold by
Moberg Julie L and Hollingsworth William S
Bought by
Kraemer Craig W and Kraemer Veronica F
Seller's Agent
PHILLIP BELLUCCI
BERGER REALTY-E
Buyer's Agent
Meredith Exum
NEW ERA REAL ESTATE-B
List Price
$224,500
Sold Price
$234,500
Premium/Discount to List
$10,000
4.45%
Current Estimated Value
$368,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,771
Avg. Annual Appreciation
10.75%
Original Mortgage
$211,050
Outstanding Balance
$190,965
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$177,306

Purchase Details

Closed on
May 4, 2018
Sold by
Pinto Joseph M and Pinto Anne E
Bought by
Moberg Julie L and Hollingsworth William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2004
Sold by
Reitzel Scott D and Reitzel Dawn Marie
Bought by
Pinto Jospeh M and Pinto Anne E

Purchase Details

Closed on
Jun 2, 1998
Sold by
Herlihy James M and Herlihy Courtney
Bought by
Reitzel Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.05%

Purchase Details

Closed on
Apr 26, 1990
Sold by
Leathers Doren S and Leathers Betsy B
Bought by
Herlihy James M
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kraemer Craig W $234,500 None Listed On Document
Moberg Julie L $155,000 Surety Title Co Llc
Pinto Jospeh M $138,000 Congress Title Company
Reitzel Scott D $80,500 Commonwealth Land Title Ins
Herlihy James M $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraemer Craig W $211,050
Previous Owner Moberg Julie L $124,000
Previous Owner Pinto Joseph M $25,000
Previous Owner Reitzel Scott D $4,385
Previous Owner Reitzel Scott D $20,000
Previous Owner Reitzel Scott D $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $234,500 +4.5% --
03/05/2021 03/05/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $224,500 -- --
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 $4,774 $133,500 $55,000 $78,500
2024 $4,774 $133,500 $55,000 $78,500
2023 $4,460 $133,500 $55,000 $78,500
2022 $4,460 $133,500 $55,000 $78,500
2021 $4,393 $133,500 $55,000 $78,500
2020 $4,304 $133,500 $55,000 $78,500
2019 $4,183 $133,500 $55,000 $78,500
2018 $4,094 $133,500 $55,000 $78,500
2017 $3,948 $133,500 $55,000 $78,500
2016 $3,769 $133,500 $55,000 $78,500
2015 $3,954 $141,500 $55,000 $86,500
2014 $3,821 $141,500 $55,000 $86,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    PHILLIP BELLUCCI

    BERGER REALTY-E

    1 in this area

    9 Total Sales

    PHILLIP BELLUCCI
    Section Image
  • Meredith Exum

    Buyer's Agent in 2021

    Meredith Exum

    RE/MAX Platinum Properties

    (843) 251-8366

    8 in this area

    160 Total Sales

    Meredith Exum
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 547741

South Jersey Shore Regional MLS

APN: 21-01619-0000-00005

New Jersey Atlantic County Somers Point 08244

407 W New Jersey Ave, Somers Point, NJ

This home is located at 407 W New Jersey Ave, Somers Point, NJ 08244 since 27 February 2021 and is currently estimated at $368,271. This property was built in 1920. 407 W New Jersey 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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