2 months on rocket

124 E Groveland Ave, Somers Point, NJ, 08244

$500,000

Home List Price

$5,938*

Closing Credit

0 Baths
Multi

Location

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124 E Groveland Ave, Somers Point$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingTwo Car
HeatingForced Air
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
WaterfrontWater View
ViewWater
MLS #590015
StatusActive

About 124 E Groveland Ave

DUPLEX WITH BAY VIEWS IN SOMERS POINT. Excellent Rental History! Live in one unit and rent out the other! Great opportunity for an Airbnb as well. First floor unit is a spacious three bedroom 1 bathroom that has a ton of natural light. Rent potential of $2500. The second floor unit is a 1 bedroom 1 bathroom unit with a long term tenant. Walking distance to Mexiquilia, Wawa, Dairy Queen and right over the bridge to Longport and Ocean City!

Property Details

Property Features

Listing Office:

  • Office Name: BHHS FOX and ROACH-Margate
  • Office Phone: (609) 822-4200

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Basement: Yes

Exterior Features

Exterior Information:

  • Waterfront: Water View
  • View: Water
  • Exterior: Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Two Car

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: /

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $7,604
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Somers Point, NJ.

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Somers Point, NJ

City

Med. Sold Price

$367.2K

Med. Price/SqFt

$312

Avg. Days On Market

77

# of Sold Homes

10

124 E Groveland Ave vs Somers Point

63 DAYS ON ROCKET

-14 Days

$500,000

+$132.7K More

KEY TAKEAWAY

This property is $132.7K more than the Median Sold Price in Somers Point, NJ.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #590015

Listing Office:

  • Office Name: BHHS FOX and ROACH-Margate
  • Office Phone: (609) 822-4200

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 27, 2000Home Sold
$110,000
Dec 05, 1988Home Sold
$113,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,604$242,700
2019$7,603$242,700
2018$7,444$242,700
2017$7,177$242,700

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4336865
2
/10

  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 0.36 miles

  • Public District Grades KG-3

school-card-donut-4336866
6
/10

  • Seaview Elementary School

  • 2013 Wabash Ave

  • 1.12 miles

  • Public District Grades PK-4

school-card-donut-4336867
5
/10

  • Ocean City Primary School

  • 550 West Ave

  • 2.61 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,714. Residents of Somers Point, NJ typically earn between $100k-200k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Atlantic County›Somers Point›08244›124 E Groveland Ave

This home is located at 124 E Groveland Ave in Somers Point, NJ and zip code 08244. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $500,000.

Over 1 listings were sold over their listed price in November 2024 in Somers Point, NJ. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Somers Point, NJ between October 2024 and November 2024 increased by 2.1%. The median list price of listings available in November 2024 was $367,250, while the average time on the real estate market was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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