NOT LISTED FOR SALE

59 Gibbs Ave Somers Point, NJ 08244

Estimated Value: $355,000 - $544,000

2 Beds
1 Bath
-- Sq Ft
7,144 Sq Ft Lot

Last Sold October 30, 2015

Last sale price $145,000

Est. 204% increase in value since last sale

Current estimated payment $2,856/month

52 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Under Carpet
  • Storage
  • Mainland Regional High School Rated A-
  • Porch
  • Bungalow

About This Home

As of October 2015

Bungalow located in the Historic District of Somers Point. Home is considered to be a contributing structure to this district. Offers 2 Bedrooms, 1 Full Bath, Living Room and Kitchen. Nice Front Porch. Amply land to add on to existing structure. Will need to present plans to Historic Commission in order to expand present building footprint.

Last Agent to Sell the Property

Paul Striefsky

Keller Williams Realty Jersey Shore-Ocean City Listed on: 07/31/2015

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,344

Lot Details

  • 7,144

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Storage
  • Stove
  • Unfinished Basement

Flooring

  • Wood Under Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 80 x 1179
  • The property is located in a historic district

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,344

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Flooring: Vinyl, W/W Over Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Slab, Unfinished

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Gravel

Utilities

  • Air Conditioner: Window Units
  • Heating: Forced Air, Gas-Natural, Space/Wall/Floor
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Historical District
  • Lot Dimensions: 80 X 1179
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2015
Closed on
Oct 30, 2015
Sold by
Shore Memorial Hospital
Bought by
Schultz Albert F and Schultz Cynthia L
Seller's Agent
Paul Striefsky
Keller Williams Realty Jersey Shore-Ocean City
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$440,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,764
Avg. Annual Appreciation
11.82%
Original Mortgage
$116,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1986
Bought by
Shore Memorial Hospital
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
Schultz Albert F $145,000 Interstate 1St Title Agency
Shore Memorial Hospital $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Cynthia L $179,500
Closed Schultz Albert F $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $145,000 0.0% --
09/21/2015 09/21/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $145,000 -- --
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 $6,344 $177,400 $84,700 $92,700
2024 $6,344 $177,400 $84,700 $92,700
2023 $5,927 $177,400 $84,700 $92,700
2022 $5,927 $177,400 $84,700 $92,700
2021 $5,838 $177,400 $84,700 $92,700
2020 $5,719 $177,400 $84,700 $92,700
2019 $5,558 $177,400 $84,700 $92,700
2018 $5,441 $177,400 $84,700 $92,700
2017 $5,246 $177,400 $84,700 $92,700
2016 $5,330 $188,800 $84,700 $104,100
2015 $5,275 $188,800 $84,700 $104,100
2014 $5,098 $188,800 $84,700 $104,100
Source: Public Records

Agents Affiliated with this Home

  • Paul Striefsky

    Seller's Agent in 2015

    Paul Striefsky

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 432-2808

    7 in this area

    22 Total Sales

    Paul Striefsky
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 452491

South Jersey Shore Regional MLS

APN: 21-01512-0000-00012

New Jersey Atlantic County Somers Point 08244

59 Gibbs Ave, Somers Point, NJ

This home is located at 59 Gibbs Ave, Somers Point, NJ 08244 since 31 July 2015 and is currently estimated at $440,764. 59 Gibbs Ave 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.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes