5 months on rocket

712 Shore Rd, Somers Point, NJ, 08244

$495,000

Home List Price

$5,878*

Closing Credit

0 Baths
Multi

Location

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712 Shore Rd, Somers Point$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingThree or More Cars
Year Built1950
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #586743
StatusActive

About 712 Shore Rd

Large corner property with high visibility in the Historic Village Commercial zone. Lots of options and uses possible. Currently used as a multi-family property. Buyers could transform the property into a large single family home or duplex. Property must be owner occupied and not used as a rental property. Sellers intend to place a deed restriction on the property to only allow 1 single home, 2 single homes, or a duplex on the property and must be owner occupied. A multi-family rental property will not be permitted.

Property Details

Property Features

Property Information:

  • Year Built: 1950

Listing Office:

  • Office Name: MONIHAN REALTY
  • Office Phone: (609) 399-0998

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Three or More Cars

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Located on Shore Road between Between E. New York Ave. and Gibbs Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000

Tax Information:

  • Annual Amount: $15,978
  • 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

712 Shore Rd vs Somers Point

168 DAYS ON ROCKET

+91 Days

$495,000

+$127.7K More

KEY TAKEAWAY

This property is $127.7K more than the Median Sold Price in Somers Point, NJ.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #586743

Listing Office:

  • Office Name: MONIHAN REALTY
  • Office Phone: (609) 399-0998

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, 7:21:04 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$15,978$510,000
2019$15,978$510,000
2018$15,642$510,000
2017$15,081$510,000

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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-4444244
2
/10

  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 0.76 miles

  • Public District Grades KG-3

school-card-donut-4444245
6
/10

  • Seaview Elementary School

  • 2013 Wabash Ave

  • 1.56 miles

  • Public District Grades PK-4

school-card-donut-4444246
5
/10

  • Ocean City Primary School

  • 550 West Ave

  • 2.44 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 $66,896. Typical income of Somers Point, NJ residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Atlantic County›Somers Point›08244›712 Shore Rd

This home is located at 712 Shore Rd in Somers Point, NJ and zip code 08244. This home was built in 1950. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $495,000.

In November 2024 more than 1 listings in Somers Point, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. The number of listings in Somers Point, NJ increased by 2.1% between October 2024 and November 2024. Listings spent 77 days on the market in November 2024, and had a median list price of $367,250 during the same period.

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

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