NOT LISTED FOR SALE

575 New Rd Somers Point, NJ 08244

Estimated Value: $2,468,137

-- Bed
-- Bath
13,228 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 575 New Rd, Somers Point, NJ 08244 and is currently estimated at $2,468,137, approximately $186 per square foot. 575 New Rd 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Somers Associates Llc
Bought by
Nikimehr Properties Llc
Current Estimated Value
$2,468,137

Purchase Details

Closed on
Aug 27, 2021
Sold by
Somers Associates Llc
Bought by
Nikmehr Properties Llc

Purchase Details

Closed on
Sep 7, 2016
Sold by
Az Somers Point Limited Liability Comp
Bought by
Somers Associates Llc

Purchase Details

Closed on
Sep 1, 2016
Sold by
Az Somers Point Llc
Bought by
Somers Associates Llc % Nellis Corp

Purchase Details

Closed on
Jun 3, 2015
Sold by
Az Somers Point Llc
Bought by
Az Somers Point Llc

Purchase Details

Closed on
Sep 24, 2013
Sold by
Lin Qiu Ying and Lin Jian Xing
Bought by
Bnb Real Estate Holding Llc

Purchase Details

Closed on
May 27, 2005
Sold by
Bittner Jillian C and Bittner Gillian C
Bought by
Morio One Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nikimehr Properties Llc $1,745,000 Surety Title
Nikmehr Properties Llc $1,745,000 Surety Title Company
Somers Associates Llc $1,388,888 --
Somers Associates Llc % Nellis Corp $1,388,888 --
Az Somers Point Llc -- Attorney
Bnb Real Estate Holding Llc $7,352 None Available
Morio One Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikmehr Properties Llc $450,000
Source: Public Records

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 $35,402 $990,000 $598,000 $392,000
2024 $35,402 $990,000 $598,000 $392,000
2023 $33,076 $990,000 $598,000 $392,000
2022 $33,076 $990,000 $598,000 $392,000
2021 $32,581 $990,000 $598,000 $392,000
2020 $31,918 $990,000 $598,000 $392,000
2019 $31,017 $990,000 $598,000 $392,000
2018 $30,363 $990,000 $598,000 $392,000
2017 $29,274 $990,000 $598,000 $392,000
2016 $16,882 $598,000 $598,000 $0
2015 $25,984 $930,000 $598,000 $332,000
2014 $25,110 $930,000 $598,000 $332,000
Source: Public Records

Map

New Jersey Atlantic County Somers Point 08244

575 New Rd, Somers Point, NJ

This home is located at 575 New Rd, Somers Point, NJ 08244 and is currently estimated at $2,468,137, approximately $186 per square foot. 575 New Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes