1 month on rocket

139 Gibbs Ave, Somers Point, NJ, 08330

$1,250,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontBay Front, Water View
ViewBay, Water
MLS #590667
StatusActive

About 139 Gibbs Ave

Come build your Bayfront dream home! This lot offers unobstructed Bayfront views for a great price without the Island Traffic! If you're an avid boater or fisherman, this location offers direct access to the Great Egg Harbor inlet, along with world class back bay fishing just moments away. The location is in the heart of the Somers Point marina district and just steps away from local restaurants, shops, and entertainment. The riparian grant to this property is 51 X 248 X 52.5 X 244 and fully dredged for a dock/boat slip. The size of the vacant land is 40x143 and leveled with fill. New bulkhead was installed in November 2023 and dredging completed in April 2024. All fees and permits have been paid and approved for the dock/pier installation. The lot has received an approved variance to build a single family home, along with approval from the historic district.The building permits are approved but cannot be issued until the buyer pays the escrow for the sewer line. The seller will provide the buyer with all variance approval, CAFRA permits , and a full set of architectural drawings for the home.

Property Details

Property Features

Listing Office:

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

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Water View
  • View: Bay, Water

Lot Features

Lot Information:

  • Lot: Cleared, Level, Waterfront, Seawall, Docks, Historic, Views

Other

Directions Information:

  • Directions: End of Gibbs ave , Bayfront

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $6,993
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$367.2K

Med. Price/SqFt

$312

Avg. Days On Market

77

# of Sold Homes

10

139 Gibbs Ave vs Somers Point

39 DAYS ON ROCKET

-38 Days

$1,250,000

+$882.7K More

KEY TAKEAWAY

This property is $882.7K more than the Median Sold Price in Somers Point, NJ.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #590667

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

Tax History

YEARPROP. TAXASSESSMENT
2020$6,993$223,200
2019$6,992$223,200
2018$6,846$223,200
2017$6,600$223,200

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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-4336234
2
/10
  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 0.87 miles

  • Public District Grades KG-3

school-card-donut-4336235
6
/10
  • Seaview Elementary School

  • 2013 Wabash Ave

  • 1.65 miles

  • Public District Grades PK-4

school-card-donut-4336236
5
/10
  • Ocean City Primary School

  • 550 West Ave

  • 2.19 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,896. The majority of Somers Point, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 139 Gibbs Ave

What is the listing price of this property?

The listing price of 139 Gibbs Ave property is $1,250,000.

What type of property is this?

The property 139 Gibbs Ave is land located in Somers Point, New Jersey, 08330.

Is this property for sale now?

Active Listing: 139 Gibbs Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,993 (source: MLS/based on county public records data).
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Rocket HomesNew JerseyAtlantic CountySomers Point08330139 Gibbs Ave

This home is located at 139 Gibbs Ave in Somers Point, NJ and zip code 08330. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,250,000.

In November 2024, from all listings sold in Somers Point, NJ there were more than 1 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Somers Point, NJ increased by 2.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 77 days, the median list price was $367,250.

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

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