Exceptional investment opportunity to complete and customize this single-family home on a spacious lot, featuring a two-car detached garage. Ideal for investors or end-users, this property offers significant equity potential upon completion. 3 bedrooms and 2 bathrooms. The seller is either installing a new septic system or providing a credit to the buyer. The exterior has been updated with new vinyl siding, windows, and a roof. The interior has been stripped down to the studs and is ready for transformation, needing new kitchen, bathrooms, walls, flooring, doors, and trim. This is a rewarding project. A chance to build substantial equity or maintain a valuable investment property.
Property Details
Property Features
Property Information:
Architectural Style: 2 Story
Stories: 2
Listing Office:
Office Name: Keller Williams Realty Jersey Shore-Ocean City
Office Phone: (609) 399-5454
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Parking Information:
Garage Space: 2 spaces
Parking: Three or More Cars
Utilities
Utilities Information:
Heating: None
School Info
Assigned Schools Information:
Egg Harbor Township High School, Public District Grades 9-12
Alder Avenue Middle School, Public District Grades 6-8
Fernwood Avenue Middle School, Public District Grades 6-8
Dr. Joyanne D. Miller Elementary School, Public District Grades 4-5
Other
Directions Information:
Directions: South on somers point rd, right past School House Rd property on the right
Price Information
Listing Price Info
Price Summary:
List Price: $229,900
Tax Information:
Annual Amount: $4,179
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Egg Harbor Township, NJ.
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: 11/5/2024, 5:20:52 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
DATE
EVENT
PRICE
Nov 13, 2013
Nov 13, 2013Home Sold
$50,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,179
$124,300
2019
$3,991
$124,300
2018
$3,906
$124,300
2017
$3,892
$124,300
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,215
Per Month
Principal & Interest
$1,148
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$756
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.
Elementary School
5
/10
Dr. Joyanne D. Miller Elementary School
2 Alder Ave
Distance between this listing and this school5.00 miles
Public District Grades 4-5
Middle School
4
/10
Alder Avenue Middle School
25 Alder Ave
Distance between this listing and this school4.79 miles
Public District Grades 6-8
4
/10
Fernwood Avenue Middle School
4034 Fernwood Ave
Distance between this listing and this school5.15 miles
Public District Grades 6-8
High School
4
/10
Egg Harbor Township High School
24 High School Dr
Distance between this listing and this school3.85 miles
Public District Grades 9-12
Assigned Schools
5
/10
Dr. Joyanne D. Miller Elementary School
2 Alder Ave
Distance between this listing and this school5.00 miles
Public District Grades 4-5
Nearby Schools
4
/10
E. H. Slaybaugh Elementary School
11 Swift Ave
Distance between this listing and this school2.10 miles
Public District Grades PK-3
1
/10
Dawes Avenue Elementary School
22 W Dawes Ave
Distance between this listing and this school3.83 miles
Public District Grades PK-6
Assigned Schools
4
/10
Alder Avenue Middle School
25 Alder Ave
Distance between this listing and this school4.79 miles
Public District Grades 6-8
4
/10
Fernwood Avenue Middle School
4034 Fernwood Ave
Distance between this listing and this school5.15 miles
Public District Grades 6-8
Nearby Schools
4
/10
Jordan Road Elementary School
129 Jordan Rd
Distance between this listing and this school3.08 miles
Public District Grades KG-8
Assigned Schools
4
/10
Egg Harbor Township High School
24 High School Dr
Distance between this listing and this school3.85 miles
Public District Grades 9-12
Nearby Schools
3
/10
Charter~Tech High School For The Performing Arts
413 New Rd
Distance between this listing and this school3.18 miles
Public Charter Grades 9-12
5
/10
Mainland Regional High School
1301 Oak Ave
Distance between this listing and this school4.21 miles
The neighbors living near this home have an average income of $79,820. Most Egg Harbor Township, NJ residents have annual incomes between $35k-100k. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1578 Somers Point Rd
What is the listing price of this property?
The listing price of 1578 Somers Point Rd property is $229,900.
What type of property is this?
The property 1578 Somers Point Rd is a house located in Egg Harbor Township, New Jersey, 08234.
Is this property for sale now?
Active Listing: 1578 Somers Point Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1578 Somers Point Rd are: Dr. Joyanne D. Miller Elementary School: GreatSchools Rating 5/10Alder Avenue Middle School: GreatSchools Rating 4/10Fernwood Avenue Middle School: GreatSchools Rating 4/10Egg Harbor Township High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,179 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 13, 2013 for $50,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1578 Somers Point Rd has 3 bedrooms and 2 bathrooms.
This home is located at 1578 Somers Point Rd in Egg Harbor Township, NJ and zip code 08234 in the Scullville neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $229,900.
Over 11 listings were sold over their listed price in October 2024 in Egg Harbor Township, NJ. In the same period over 18 listings were sold below the listed price and 7 listings were sold for the listed price. The number of homes for sale in Egg Harbor Township, NJ increased by 8.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $345,000, while the average time on the real estate market was 33 days.
From Rocket Homes Real Estate and based on county public records data.