NOT LISTED FOR SALE

98 Broadway Somers Point, NJ 08244

Estimated Value: $1,583,000 - $2,293,703

4 Beds
3 Baths
4,767 Sq Ft
$412/Sq Ft Est. Value

About This Home

This home is located at 98 Broadway, Somers Point, NJ 08244 and is currently estimated at $1,964,676, approximately $412 per square foot. 98 Broadway 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
Mar 20, 2024
Sold by
100-102 Broadway Condominum Association and Broadway 98 Llc
Bought by
100-102 Broadway Condominum Association
Current Estimated Value
$1,964,676

Purchase Details

Closed on
Aug 2, 2017
Sold by
Frank David E and Frank Donna M
Bought by
Folz John and Folz Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,425
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2001
Sold by
Varallo Robert A and Varallo Kathleen A
Bought by
Frank David E and Frank Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 2, 1996
Sold by
Varallo Robert and Dixon Michael
Bought by
Varallo Robert A and Varallo Kathleen A

Purchase Details

Closed on
Apr 10, 1996
Sold by
Varallo Robert A and Dixon Michal
Bought by
Varallo Robert and Dixon Michael
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
100-102 Broadway Condominum Association -- Foundation Title
Folz John $949,900 Freedom Title & Abstract Of
Frank David E $1,255,000 --
Varallo Robert A $50,000 The Title Company
Varallo Robert -- The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Folz John $712,425
Previous Owner Frank David E $417,000
Previous Owner Frank David E $323,000
Previous Owner Frank David E $527,000
Previous Owner Frank David E $325,000
Previous Owner Frank David E $525,000
Previous Owner Varallo Robert A $250,000
Previous Owner Varallo Robert A $355,000
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
2025 $42,912 $1,200,000 $723,700 $476,300
2024 $42,912 $1,200,000 $723,700 $476,300
2023 $40,092 $1,200,000 $723,700 $476,300
2022 $40,092 $1,200,000 $723,700 $476,300
2021 $39,492 $1,200,000 $723,700 $476,300
2020 $38,688 $1,200,000 $723,700 $476,300
2019 $37,596 $1,200,000 $723,700 $476,300
2018 $36,804 $1,200,000 $723,700 $476,300
2017 $35,484 $1,200,000 $723,700 $476,300
2016 $33,876 $1,200,000 $723,700 $476,300
2015 $44,877 $1,606,200 $723,700 $882,500
2014 $43,367 $1,606,200 $723,700 $882,500
Source: Public Records

Map

New Jersey Atlantic County Somers Point 08244

98 Broadway, Somers Point, NJ

This home is located at 98 Broadway, Somers Point, NJ 08244 and is currently estimated at $1,964,676, approximately $412 per square foot. 98 Broadway 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.

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