NOT LISTED FOR SALE

407 W New Jersey Ave Somers Point, NJ 08244

Estimated Value: $341,000 - $375,000

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

Last Sold April 22, 2021

Last sale price $234,500

Est. 51% increase in value since last sale

Current estimated payment $2,377/month

6 Days on Market

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 License #0458282 Listed on: 02/27/2021

Last Buyer's Agent

Meredith Exum

NEW ERA REAL ESTATE-B License #0893425

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 Hollingworth 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
$354,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,745
Avg. Annual Appreciation
9.66%
Original Mortgage
$211,050
Outstanding Balance
$194,630
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$149,574

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
Apr 10, 2001
Sold by
Reitzel Scott D
Bought by
Reitzel Scott D and Reitzel Dawn Marie

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

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Range of Values:

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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 Available
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
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

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 547741

South Jersey Shore Regional MLS

APN: 21-01619-0000-00005