NOT LISTED FOR SALE

902 Harbour Cove Somers Point, NJ 08244

Estimated Value: $587,000 - $788,000

3 Beds
2 Baths
-- Sq Ft
479 Sq Ft Lot

Last Sold February 21, 2020

Last sale price $340,000

Est. 111% increase in value since last sale

Current estimated payment $4,811/month

69 Days on Market

Highlights

  • Water Views
  • Property is near a marina
  • Home fronts a lagoon or estuary
  • Mainland Regional High School Rated A-
  • Spa
  • The property is located in a historic district

About This Home

As of February 2020

Harbour Cove 3BR, 2 Bath End Unit overlooking the lagoon, Beautifully renovated kitchen & baths with upgraded cabinetry & tile surround, tile floors & quartz countertops; Open layout, great room w/FP, kitchen w/breakfast bar, dining area, private master suite w/FP on its own level w/MBth & upgraded tile shower & Jacuzzi; Sliding glass doors in LR & MBR lead to spacious decks; storage area, carport. Ceiling fans throughout, upgraded interior doors throughout; Harbour Cove is an upscale Somers Pt bayfront boating community; Amenities include pool, waterfront boardwalk leading to a gourmet restaurant w/outside deck dining; Great location, just blocks to the Gateway Playhouse, nearby fishing pier, music concerts on the Somers Point Beach; Just minutes from Atlantic City casinos & Ocean City boardwalk & beaches!

Last Agent to Sell the Property

Cathy Laltrello

RE/MAX ATLANTIC License #RB-8036281 Listed on: 11/04/2019

RE/MAX ATLANTIC

Last Buyer's Agent

Timothy Taccarino

Compass New Jersey-Ocean City (O463H)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,162

Lot Details

  • Home fronts a lagoon or estuary
  • End Unit

Parking

  • Carport

Home Design

  • Cedar Siding
  • Brick Front

Interior Spaces

  • 3-Story Property
  • Multiple Fireplaces
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Property is near a marina

Location

  • The property is located in a historic district

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, pool
  • Harbour Cove Condos

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,162

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Lvt Date: 11/05/2019
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, More Than 1
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: Size: Private MBR, 3rd Fl, On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: Size: area, On Level: Main
  • Kitchen: On Level: Main
  • Living Room: Size: great room, On Level: Main
  • Other Rooms: Dining Area, Great Room
  • Common Area Features: Bulkheaded, Pool

Exterior Features

  • Siding Exterior: Brick Face, Cedar

Garage/Parking

  • Parking Exterior: Carport

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Pool
  • Condo Name: Harbour Cove
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Bulkheaded, Docks, Historical District, Lagoon Front, Marina

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Master Bath, Pets Allowed, Wall To Wall Carpet, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Feb 21, 2020
Sold by
Matthews Robert and Foundation Investors Corp
Bought by
Lare Jayne L
Seller's Agent
Cathy Laltrello
RE/MAX ATLANTIC
Buyer's Agent
Timothy Taccarino
Compass New Jersey-Ocean City (O463H)
List Price
$349,500
Sold Price
$340,000
Premium/Discount to List
-$9,500
-2.72%
Current Estimated Value
$716,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,057
Avg. Annual Appreciation
14.17%
Original Mortgage
$240,000
Outstanding Balance
$211,686
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$504,371

Purchase Details

Closed on
Jan 3, 2011
Sold by
Morris G Philip and Morris Susan E
Bought by
Matthews Robert and Foundation Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1999
Sold by
Murphy Robert M and Murphy Barbara L
Bought by
Morris G Philip and Morris Susan E

Purchase Details

Closed on
May 29, 1992
Sold by
Disabatino Gregory A
Bought by
Murphy Robert M and Murphy Sechlin,Barbara
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Lare Jayne L $340,000 Title Company Of Jersey
Matthews Robert $340,000 Liberty Title Agency
Morris G Philip $177,500 Commonwealth Land Title Ins
Murphy Robert M $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lare Jayne L $240,000
Previous Owner Matthews Robert $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $340,000 -2.7% --
01/12/2020 01/12/20 Pending -- -- --
11/04/2019 11/04/19 For Sale $349,500 0.0% --
09/15/2014 09/15/14 Rented -- -- --
08/16/2014 08/16/14 Under Contract -- -- --
08/06/2014 08/06/14 For Rent -- -- --
04/01/2013 04/01/13 Rented -- -- --
03/02/2013 03/02/13 Under Contract -- -- --
02/12/2013 02/12/13 For Rent -- -- --
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 $12,162 $340,100 $180,000 $160,100
2024 $12,162 $340,100 $180,000 $160,100
2023 $11,363 $340,100 $180,000 $160,100
2022 $11,363 $340,100 $180,000 $160,100
2021 $11,193 $340,100 $180,000 $160,100
2020 $10,965 $340,100 $180,000 $160,100
2019 $10,655 $340,100 $180,000 $160,100
2018 $11,044 $360,100 $200,000 $160,100
2017 $10,648 $360,100 $200,000 $160,100
2016 $10,166 $360,100 $200,000 $160,100
2015 $10,061 $360,100 $200,000 $160,100
2014 $9,723 $360,100 $200,000 $160,100
Source: Public Records

Agents Affiliated with this Home

  • Cathy Laltrello

    Seller's Agent in 2020

    Cathy Laltrello

    RE/MAX

    (609) 927-1063

    22 in this area

    29 Total Sales

    Cathy Laltrello
    Section Image

  • T

    Buyer's Agent in 2020

    Timothy Taccarino

    Compass New Jersey-Ocean City (O463H)

    2 Total Sales

    Timothy Taccarino
    Section Image
  • Scott Reighard

    Buyer's Agent in 2014

    Scott Reighard

    RE/MAX

    (609) 703-1911

    5 in this area

    209 Total Sales

    Scott Reighard
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 530151

South Jersey Shore Regional MLS

APN: 21-01209-0000-00002-0000-C0902

New Jersey Atlantic County Somers Point 08244

902 Harbour Cove, Somers Point, NJ

This home is located at 902 Harbour Cove, Somers Point, NJ 08244 since 04 November 2019 and is currently estimated at $716,057. 902 Harbour Cove 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.

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