NOT LISTED FOR SALE

737 Shore Rd Somers Point, NJ 08244

Somers Point Area

Estimated Value: $440,000 - $631,000

Studio
-- Bath
-- Sq Ft
7,623 Sq Ft Lot

Sale Details

Date Sold: January 21, 2022

Last sale price $359,000

Est. 52% increase in value since last sale

Current estimated payment $3,784 / mo

63 Days on Market

Highlights

  • The property is located in a historic district
  • Porch
  • Shed
  • Mainland Regional High School Rated A-
  • Patio
  • Ceiling Fan

About This Home

As of January 2022

Partial Bay Views from this Fully Occupied 4-Unit multi family investment property. This beautiful Victorian has been well maintained over the years. Solid rental income with good long term tenants makes this an excellent opportunity for investors or an ideal situation to live in one unit and rent the others. Each unit has separate electric meters. Plenty of parking in rear. Walk to bars and restaurants on the bay and enjoy sunsets on the beach.

Last Agent to Sell the Property

Susan Gardner

WEICHERT REALTORS ASBURY GROUP-OC Listed on: 10/28/2021

WEICHERT REALTORS ASBURY GROUP-OC

Last Buyer's Agent

Robert Idell

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 50x152
  • Fenced

Home Design

  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Partial Basement
  • Storm Screens

Parking

  • 3 Parking Spaces
  • Stone Driveway

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Lot Details

7,623 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial

Exterior Features

  • Outside Features: Fenced Yard, Patio, Porch, Shed
  • Siding Exterior: Aluminum
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Stone
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Historical District
  • Lot Dimensions: 50x152

Rental Info

  • Rental Information: 100 Percent Occupancy, Yearly

Multi Family

  • Number Of Units: 4
  • Number Of1 Bedroom Units: 3
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric, Cable Tv

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Jan 21, 2022
Sold by
Bought by
Seller's Agent
Susan Gardner
WEICHERT REALTORS ASBURY GROUP-OC
Buyer's Agent
Robert Idell
BHHS FOX and ROACH-Simpson OC
List Price
$398,900
Sold Price
$359,000
Premium/Discount to List
-$39,900
-10%
Current Estimated Value
$544,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,843
Avg. Annual Appreciation
9.67%
Original Mortgage
$281,250
Interest Rate
0.0369%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
0.043%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 26, 2013
Closed on
Apr 15, 2014
Sold by
Bought by
Seller's Agent
Fred Frisch
BHHS FOX and ROACH-Northfield
Buyer's Agent
Susan Gardner
WEICHERT REALTORS ASBURY GROUP-OC
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$172,000
Interest Rate
0.0442%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$359,000 Freedom Title & Abstract
-- Dba National Title Agency
$215,000 Agent For Old Republic Natl
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $281,250
Previous Owner $154,000
Previous Owner $172,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2022 01/21/22 Sold $359,000 -10.0% --
12/30/2021 12/30/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $398,900 +85.5% --
03/04/2014 03/04/14 Sold $215,000 0.0% -- View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
03/26/2013 03/26/13 For Sale $215,000 -- --
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,781 $262,800 $60,900 $201,900
2025 $9,398 $262,800 $60,900 $201,900
2024 $9,398 $262,800 $60,900 $201,900
2023 $8,780 $262,800 $60,900 $201,900
2022 $7,193 $215,300 $60,900 $154,400
2021 $7,086 $215,300 $60,900 $154,400
2020 $6,941 $215,300 $60,900 $154,400
2019 $6,745 $215,300 $60,900 $154,400
2018 $6,603 $215,300 $60,900 $154,400
2017 $6,366 $215,300 $60,900 $154,400
2016 $6,078 $215,300 $60,900 $154,400
2015 $6,015 $215,300 $60,900 $154,400
2014 $5,813 $215,300 $60,900 $154,400
Source: Public Records

Agents Affiliated with this Home

  • Susan Gardner

    Seller's Agent in 2022

    Susan Gardner

    Weichert Corporate

    (609) 398-4400

    52 Total Sales

    Susan Gardner
    Section Image
  • Robert Idell

    Buyer's Agent in 2022

    Robert Idell

    BHHS Fox & Roach

    (856) 207-1670

    82 Total Sales

    Robert Idell
    Section Image
  • Fred Frisch

    Seller's Agent in 2014

    Fred Frisch

    BHHS Fox & Roach

    (609) 703-5071

    10 Total Sales

    Fred Frisch
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556943

South Jersey Shore Regional MLS

APN: 21-01614-0000-00006

New Jersey Atlantic County Somers Point 08244

737 Shore Rd, Somers Point, NJ

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© 2026 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

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