NOT LISTED FOR SALE

42 Broadway Somers Point, NJ 08244

Estimated Value: $867,000 - $1,966,000

3 Beds
2 Baths
1,768 Sq Ft
$859/Sq Ft Est. Value

Last Sold July 17, 2024

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

Est. 22% decrease in value since last sale

Current estimated payment $10,630/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

Est. Annual Taxes

  • $31,308

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

Est. Annual Taxes

$31,308

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 03/15/2024
  • 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
$1,518,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$431,307
Avg. Annual Appreciation
-3.82%
Original Mortgage
$766,250
Outstanding Balance
$757,711
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,104,773

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:

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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
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 Jenna A $200,000
Open Sullivan Brian $766,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

    16 in this area

    365 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

    39 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

This home is located at 42 Broadway, Somers Point, NJ 08244 since 13 March 2024 and is currently estimated at $1,518,693, approximately $858 per square foot. This property was built in 1951. 42 Broadway 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.

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