71 Gibbs Ave Somers Point, NJ 08244
Estimated Value: $407,895 - $556,000
--
Bed
--
Bath
1,408
Sq Ft
$340/Sq Ft
Est. Value
About This Home
This home is located at 71 Gibbs Ave, Somers Point, NJ 08244 and is currently estimated at $478,724, approximately $340 per square foot. 71 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 28, 2002
Sold by
Mulloy Christopher J and Mulloy Gabrielle H
Bought by
Kelley Joseph J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$55,742
Interest Rate
7.04%
Estimated Equity
$422,982
Purchase Details
Closed on
Mar 16, 1998
Sold by
Mulloy Daniel B and Mulloy Kelly D
Bought by
Mulloy Christopher J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,815
Interest Rate
6.92%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 15, 1994
Sold by
Schultheis Carol
Bought by
Mulloy Daniel and Richards Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.38%
Purchase Details
Closed on
Oct 27, 1989
Sold by
Thurlow Charles M and Thurlow Annette M
Bought by
Schultheis Carol A
Purchase Details
Closed on
Oct 16, 1989
Sold by
Somers Point City Of
Bought by
Thurlow Annette M and Thurlow Charles M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kelley Joseph J | $150,000 | -- | |
| Mulloy Christopher J | $115,000 | The Title Company | |
| Mulloy Daniel | $105,000 | -- | |
| Schultheis Carol A | $98,800 | -- | |
| Thurlow Annette M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kelley Joseph J | $135,000 | |
| Previous Owner | Mulloy Christopher J | $113,815 | |
| Previous Owner | Mulloy Daniel | $86,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,603 | $212,600 | $80,000 | $132,600 |
| 2024 | $7,603 | $212,600 | $80,000 | $132,600 |
| 2023 | $7,103 | $212,600 | $80,000 | $132,600 |
| 2022 | $7,103 | $212,600 | $80,000 | $132,600 |
| 2021 | $6,997 | $212,600 | $80,000 | $132,600 |
| 2020 | $6,854 | $212,600 | $80,000 | $132,600 |
| 2019 | $6,661 | $212,600 | $80,000 | $132,600 |
| 2018 | $6,520 | $212,600 | $80,000 | $132,600 |
| 2017 | $6,287 | $212,600 | $80,000 | $132,600 |
| 2016 | $6,002 | $212,600 | $80,000 | $132,600 |
| 2015 | $5,940 | $212,600 | $80,000 | $132,600 |
| 2014 | $5,740 | $212,600 | $80,000 | $132,600 |
Source: Public Records
Map
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