1.78 AC Lot available for sale or lease development opportunity in Somers Point NJ. This parcel is located between Bethel Rd and Ocean Heights Avenue. Join co-tenants in a 0.10 mile radius such as Chick-fil-a, Wendy's, CVS, Wawa, Chipotle, Starbucks, ShopRite, Staples, Mavis Discount Tire, Acme, and McDonald's.
Property Details
Property Features
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: Stephen Hanscom
Lot Features
Lot Information:
Lot Size: 1.78 Acres
Other
Directions Information:
Directions: Take exit 36 to merge onto Tilton Rd 0.3 mi Merge onto Tilton Rd 1.7 mi Turn right onto New Rd 3.7 mi Turn right onto W Ocean Heights Ave 197 ft 535 W Ocean Heights Ave, Somers Point, NJ 08244
Municipality:
Somers Point City
Price Information
Listing Price Info
Price Summary:
List Price: $2,250,000
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 Somers Point, NJ.
This property is $1.8M more than the Median Sold Price in Somers Point, NJ.
Based on homes sold in November 2024
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #NJAC2015558
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: Stephen Hanscom
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.2K
Per Month
Principal & Interest
$11.2K
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
$6,812
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Seaview Elementary School
2013 Wabash Ave
Distance between this listing and this school0.51 miles
Public District Grades PK-4
2
/10
Dawes Avenue Elementary School
22 W Dawes Ave
Distance between this listing and this school0.56 miles
Public District Grades KG-3
5
/10
Northfield Community Elementary School
2000 New Rd
Distance between this listing and this school2.94 miles
Public District Grades PK-4
Nearby Schools
7
/10
Belhaven Middle School
51 Belhaven Ave
Distance between this listing and this school1.08 miles
Public District Grades 5-8
4
/10
Jordan Road Middle School
129 Jordan Rd
Distance between this listing and this school1.15 miles
Public District Grades 4-8
5
/10
Northfield Community Middle School
2000 New Rd
Distance between this listing and this school2.94 miles
Public District Grades 5-8
Nearby Schools
2
/10
Chartertech High School for the Performing Arts
413 New Rd
Distance between this listing and this school0.51 miles
Public Charter Grades 9-12
5
/10
Mainland Regional High School
1301 Oak Ave
Distance between this listing and this school1.27 miles
Public District Grades 9-12
5
/10
Ocean City High School
501 Atlantic Ave
Distance between this listing and this school3.85 miles
The neighbors living near this home have an average income of $76,136. The majority of Somers Point, NJ residents have income between $35k-100k annually. The most common type of family 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 535 W Ocean Heights Ave
What is the listing price of this property?
The listing price of 535 W Ocean Heights Ave property is $2,250,000.
What type of property is this?
The property 535 W Ocean Heights Ave is land located in Somers Point, New Jersey, 08244.
Is this property for sale now?
Active Listing: 535 W Ocean Heights Ave is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 535 W Ocean Heights Ave is 1.78 acres.
Interested in 535 W Ocean Heights Ave? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 535 W Ocean Heights Ave in Somers Point, NJ and zip code 08244. This home sits on a 1.78 acre lot. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $2,250,000.
While more than 1 listings in Somers Point, NJ in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. 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.