$1,330,000
$70K PRICE DROP

557 Launch Ave Somers Point, NJ 08244

Estimated payment $8,898/month

Total Views 14,748
4 Beds
2.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Main Floor Bedroom
  • Mainland Regional High School Rated A-
  • Deck
  • 3 Car Attached Garage

About This Home

THREE BOAT SLIPS included with this Bayfront Single Family Home in Somers Point! Don't miss this rare opportunity to own a bayfront single family home on a quiet street in Somers Point. The property has spectacular views from Atlantic City to Ocean City. This four-bedroom, two-and-a-half-bath home needs some TLC - has an elevator, three car garage and plenty of outside parking. Outside, a fenced yard leads to a spacious shed with electric and water—perfect for storage, hobbies or mother-in-law suite. The property also includes three boat slips, making it a boater’s dream. Just minutes from the beaches of Ocean City, Longport, and Margate. 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!

Listing Agent

LORI BRADLEY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #1649252 Listed on: 04/06/2025

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Co-Listing Agent

LINDA HINCHMAN

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0015314

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,373

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 40 x 95
  • Property Fronts a Bay or Harbor
  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Storage
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Boat Slip
  • Deck

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,373

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds
  • Lvt Date: 04/06/2025
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring: W/W Carpet, Laminate Flooring
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Dining Room: On Level: Upper
  • Kitchen: On Level: Upper
  • Living Room: On Level: Upper
  • Powder Room Level: Upper
  • Other Rooms: Dining Area

Exterior Features

  • Outside Features: Boat Slip, Deck, Fenced Yard, Handicap Access, Paved Road
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Three Or More Cars, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Water View
  • Lot Dimensions: 40 x 95
  • Lot Size: Less Than One Acre

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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: South Jersey Shore Regional 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: South Jersey Shore Regional MLS

MLS Number: 594955

South Jersey Shore Regional MLS

APN: 21-01008-0000-00008