557 Launch Ave Somers Point, NJ 08244
Estimated payment $8,590/month
Total Views
140
4
Beds
2.5
Baths
2,080
Sq Ft
$639
Price per Sq Ft
Highlights
- 40 Feet of Waterfront
- Marina View
- Bayside
- Mainland Regional High School Rated A-
- Water Oriented
- Deck
About This Home
Bayfront Single Family Home in Somers Point – With Three Boat Slips! Don't miss this rare opportunity to own a bayfront single family home on a quiet, desirable street in Somers Point. This four-bedroom, two-and-a-half-bath home offers everything you need for the ultimate coastal lifestyle. Step inside to a bright, open floor plan filled with natural light and surrounded by windows that capture panoramic water views from Ocean City to Atlantic City. The living space is ideal for entertaining or relaxing after a day on the water. Newer refrigerator, electric range, microwave, washer, and dryer. Luxury vinyl plank flooring and carpeting in the primary suite were installed just two years ago. Outside, a fenced yard leads to a spacious shed with electric and water—perfect for storage or hobbies. The property also includes three boat slips, making it a boater’s dream. Just minutes from the beaches of Ocean City, Longport, and Margate, this home is the perfect blend of tranquility and convenience. Interior photos are from two years ago, updated images coming soon! Call today to schedule your private showing and make this waterfront home your next home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,373
Year Built
- Built in 1998
Lot Details
- 3,800 Sq Ft Lot
- Lot Dimensions are 40 x 95
- 40 Feet of Waterfront
- Property is Fully Fenced
- Property is zoned HVW
Parking
- 2 Car Direct Access Garage
- 3 Driveway Spaces
- Parking Storage or Cabinetry
- Garage Door Opener
- Off-Street Parking
Property Views
- Marina
- Bay
Home Design
- Slab Foundation
- Vinyl Siding
- Piling Construction
Interior Spaces
- 2,080 Sq Ft Home
- Property has 2 Levels
- Partially Furnished
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Water Oriented
- Property is near a canal
- Deck
- Outbuilding
- Porch
Schools
- Mainland Regional High School
Utilities
- Central Air
- Hot Water Baseboard Heater
- Well
- Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Bayside
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00008
- Assessor Parcel Number 21-01008-00008
Map
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Home Values in the Area
Average Home Value in this Area
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 | $18,373 | $513,800 | $253,900 | $259,900 |
| 2023 | $17,166 | $513,800 | $253,900 | $259,900 |
| 2022 | $17,166 | $513,800 | $253,900 | $259,900 |
| 2021 | $16,909 | $513,800 | $253,900 | $259,900 |
| 2020 | $16,565 | $513,800 | $253,900 | $259,900 |
| 2019 | $16,097 | $513,800 | $253,900 | $259,900 |
| 2018 | $15,758 | $513,800 | $253,900 | $259,900 |
| 2017 | $15,193 | $513,800 | $253,900 | $259,900 |
| 2016 | $14,505 | $513,800 | $253,900 | $259,900 |
| 2015 | $14,356 | $513,800 | $253,900 | $259,900 |
| 2014 | $13,873 | $513,800 | $253,900 | $259,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Price Changed | $1,330,000 | 0.0% | -- |
| 05/29/2025 05/29/25 | For Sale | $1,330,000 | -5.0% | $639 / Sq Ft |
| 04/06/2025 04/06/25 | For Sale | $1,399,999 | 0.0% | -- |
| 01/03/2025 01/03/25 | For Rent | $6,000 | +114.3% | -- |
| 07/15/2021 07/15/21 | Rented | -- | -- | -- |
| 11/18/2020 11/18/20 | For Rent | $2,800 | 0.0% | -- |
| 04/01/2019 04/01/19 | Rented | -- | -- | -- |
| 06/15/2018 06/15/18 | For Rent | $2,800 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $250,000 | New Title Company Name | |
| Deed | $649,000 | The Title Company Of Jersey | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | $75,000 | Unknown | |
| Previous Owner | $401,000 | New Conventional | |
| Previous Owner | $417,000 | Purchase Money Mortgage | |
| Previous Owner | $649,000 | No Value Available | |
| Previous Owner | $40,000 | Credit Line Revolving |
Source: Public Records
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Source: Bright MLS
MLS Number: NJAC2018972
APN: 21-01008-0000-00008
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