524 W New Jersey, Somers Point, NJ 08244
Atlantic County
Key Facts
Description
Investment opportunity in Somers Point, NJ, just minutes from Ocean City. This 3-bedroom, 2-bathroom single-family home sits on a corner lot and offers a strong setup for investors targeting the South Jersey shore market. The interior features an open-concept living, dining, and kitchen area with a large central living space. A detached 1-car garage provides additional storage or rental upside, and the corner lot adds parking and access flexibility. Located minutes from Ocean City's beaches and boardwalk and close to Somers Point's bayfront dining, marinas, and Route 9 corridor.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Cape Cod
Year Built
1952
Living Area
2,270 sq ft
Days on Market
1
MLS® Listing#
609115
Property Features
Heating
Sewer
Water Source
Financial Details
Annual Taxes
$9,673
Affordability Calculator
$80,000
Estimated monthly payment
$2,129/mo
Principal $319,999 · Est. interest $446,427 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Somers Point, NJ
- $590,000
- Median Listing Price
- 40
- Median Days on Market
- 1,678
- Median Sq Ft
- $401
- Median Price / Sq Ft
- 175
- Active Listings
- This home’s price is 32% below the area median.
- Its price per sq ft is 56% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Somers Point, NJ.
Location
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Points of Interest in Somers Point, NJ
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 192 KUGLER AVENUE, CARNEYS POINT, NJ | $295,000 | 3 | 2 | 1,223 |
| 105 E DEL A VUE AVENUE, CARNEYS POINT, NJ | $300,000 | 4 | 2 | 1,427 |
| 613 HAWKS BRIDGE, CARNEYS POINT, NJ | $329,000 | 3 | 2 | 1,427 |
| 28 4TH AVENUE, CARNEYS POINT, NJ | $339,900 | 3 | 2 | 1,580 |
| 10 Cedar Ct, Somers Point, NJ | $349,500 | 2 | — | — |
| 714-720 HARDING HIGHWAY, CARNEYS POINT, NJ | $349,900 | 4 | 2 | 3,100 |
Moving Cost Estimate
EXIT Agents in Somers Point
Listing Courtesy: REAL - GALLOWAY