NOT LISTED FOR SALE

720 New Rd Somers Point, NJ 08244

-- Bed
-- Bath
5,770 Sq Ft
0.62 Acres

About This Home

This home is located at 720 New Rd, Somers Point, NJ 08244. 720 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
May 2, 2017
Sold by
Hernandez Luis and Dejesus Juliska
Bought by
Patel Lataben and Patel Alpaben

Purchase Details

Closed on
Feb 10, 2015
Sold by
Patel Vipinchandra and Patel Brijeshkumar
Bought by
Federal National Mortgage Association and Bank Of America Na

Purchase Details

Closed on
Dec 19, 2014
Sold by
720 New Road Llc
Bought by
720 New Road Llc

Purchase Details

Closed on
Dec 18, 2014
Sold by
The State Of New Jersey
Bought by
720 New Road Llc

Purchase Details

Closed on
Dec 8, 2014
Sold by
Four Parcels Inc
Bought by
720 New Road Llc

Purchase Details

Closed on
Dec 26, 2012
Sold by
Macarthur Park Llc and Kelly Donald
Bought by
Four Parcels Inc

Purchase Details

Closed on
Feb 22, 2001
Sold by
Somerville Isaac A and Lovelace Velma
Bought by
Somerville Isaac A

Purchase Details

Closed on
Sep 20, 2000
Sold by
Kooch Jane
Bought by
Jain Vidya

Purchase Details

Closed on
Sep 15, 2000
Sold by
Yancius Rosemarie
Bought by
Jain Vidya

Purchase Details

Closed on
Feb 14, 2000
Sold by
Coolidge Custer Assets Lp
Bought by
Macarthur Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
11%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 1998
Sold by
Soporoski Ronald
Bought by
Macwan Rajesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.72%

Purchase Details

Closed on
Jul 16, 1996
Sold by
Mcgettigan James
Bought by
Coolidge Custer Assets Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,504
Interest Rate
8.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 1995
Sold by
Zona Henry M and Zona Gail B
Bought by
Solanki Shaktisinh D
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
Patel Lataben $33,500 None Available
Federal National Mortgage Association -- None Available
720 New Road Llc $22,000 Landis Title Corp
Four Parcels Inc $7,953 Regional Title Agency Llc
Somerville Isaac A -- --
Jain Vidya $51,000 Commonwealth Land Title Ins
Jain Vidya $50,000 --
Macarthur Park Llc $400,000 The Title Company
Macwan Rajesh $42,000 Commonwealth Land Title Ins
Coolidge Custer Assets Ltd Partnership -- --
Solanki Shaktisinh D $44,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 720 New Road Llc $1,500,000
Previous Owner Macarthur Park Llc $800,000
Previous Owner Policarpio Gerardo E $56,500
Previous Owner Macarthur Park Llc $450,000
Previous Owner Desai Sharad $32,000
Previous Owner Macwan Rajesh $31,500
Previous Owner Coolidge Custer Assets Ltd Partnership $588,504
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
2024 $27,750 $776,000 $549,300 $226,700
2023 $25,926 $776,000 $549,300 $226,700
2022 $25,926 $776,000 $549,300 $226,700
2021 $25,538 $776,000 $549,300 $226,700
2020 $25,018 $776,000 $549,300 $226,700
2019 $24,312 $776,000 $549,300 $226,700
2018 $23,800 $776,000 $549,300 $226,700
2017 $22,213 $751,200 $549,300 $201,900
2016 $21,206 $751,200 $549,300 $201,900
2015 $20,396 $730,000 $528,100 $201,900
2014 $19,710 $730,000 $528,100 $201,900
Source: Public Records

Map

New Jersey Atlantic County Somers Point 08244

720 New Rd, Somers Point, NJ

This home is located at 720 New Rd, Somers Point, NJ 08244. 720 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