NOT LISTED FOR SALE

42 Broadway Somers Point, NJ 08244

Estimated Value: $577,000 - $1,980,476

3 Beds
2 Baths
1,768 Sq Ft
$894/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $1,950,000 $1,103 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $10,897/month

42 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Multiple Fireplaces
  • Mainland Regional High School Rated A-
  • Deck
  • 3-minute walk to John F Kennedy Park

About This Home

As of July 2024

This spectacular waterfront estate offers endless breathtaking views and over 100' of prime water frontage. This charming home offers 3 bedrooms, 2 bathrooms, a large living room with a wood burning fireplace and an adjacent dining room all which feature several large picture windows showcasing the magnificent views from within the home. In addition, this home offers a fully finished basement with a wood burning fireplace and built in bar. The expansive property offers a beautiful rear yard leading to the bulkhead, pier and boat lift. The front yard offers a long private driveway and a two-car detached garage.

Last Agent to Sell the Property

Patrick Halliday

BHHS FOX and ROACH-West Ave OC Listed on: 03/13/2024

BHHS FOX and ROACH-West Ave OC

Last Buyer's Agent

Richard Dicioccio III

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 110x709
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Storage
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Boat Slip
  • Deck
  • Shed

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, More Than 1, Wood Burning
  • Flooring: Hardwood, Tile
  • Interior Amenities: Storage
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Inside Entrance
  • Other Rooms: Dining Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Boat Slip, Deck, Paved Road, Shed
  • Siding Exterior: Wood

Garage/Parking

  • Driveway: Blacktop
  • Garage: Two Car, Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Gas-Natural, Hot Water, No Heating
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Water View
  • Lot Dimensions: 110x709
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Jul 17, 2024
Sold by
Powell Daniel T and Powell Patricia A
Bought by
Sullivan Brian and Sullivan Jenna A
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Richard Dicioccio III
BHHS FOX and ROACH-Margate
List Price
$2,195,000
Sold Price
$1,950,000
Premium/Discount to List
-$245,000
-11.16%
Views
92
Current Estimated Value
$1,580,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$369,631
Avg. Annual Appreciation
-14.03%
Original Mortgage
$766,250
Outstanding Balance
$757,027
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$823,342

Purchase Details

Closed on
Mar 25, 2021
Sold by
Powell William Thompson and Powell William T
Bought by
Powell Patricia A

Purchase Details

Closed on
Dec 3, 2007
Sold by
Powell William T and Powell Patricia A
Bought by
Powell William T and Powell Patricia A

Purchase Details

Closed on
Jan 12, 1995
Sold by
Powell William T and Powell William T
Bought by
Powell William T and Powell Patricia A

Purchase Details

Closed on
Jun 12, 1991
Sold by
Powell William and Powell William T
Bought by
Powell William T and Powell William T

Purchase Details

Closed on
Sep 20, 1988
Sold by
Powell William T and Powell Margaret
Bought by
Powell William T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sullivan Brian $1,950,000 Trident Land Transfer
Powell Patricia A -- None Listed On Document
Powell William T -- None Available
Powell William T -- --
Powell William T -- --
Powell William T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Brian $766,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $1,950,000 0.0% $1,103 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
03/15/2024 03/15/24 Off Market $1,950,000 -- --
03/13/2024 03/13/24 For Sale $2,195,000 -- $1,242 / Sq Ft
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 $31,308 $875,500 $690,400 $185,100
2024 $31,308 $875,500 $690,400 $185,100
2023 $29,250 $875,500 $690,400 $185,100
2022 $29,250 $875,500 $690,400 $185,100
2021 $28,563 $875,500 $690,400 $185,100
2020 $27,976 $875,500 $690,400 $185,100
2019 $27,179 $875,500 $690,400 $185,100
2018 $26,602 $875,500 $690,400 $185,100
2017 $25,639 $875,500 $690,400 $185,100
2016 $24,465 $875,500 $690,400 $185,100
2015 $24,211 $875,500 $690,400 $185,100
2014 $23,389 $875,500 $690,400 $185,100
Source: Public Records

Agents Affiliated with this Home

  • Patrick Halliday

    Seller's Agent in 2024

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    15 in this area

    363 Total Sales

    Patrick Halliday
    Section Image

  • R

    Buyer's Agent in 2024

    Richard Dicioccio III

    BHHS Fox & Roach

    (609) 335-6993

    3 in this area

    46 Total Sales

    Richard Dicioccio III
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 583163

South Jersey Shore Regional MLS

APN: 21-02012-0000-00002

New Jersey Atlantic County Somers Point 08244

42 Broadway, Somers Point, NJ

Not Listed for Sale

Detached

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