Sold
Last Sold Price
737 Shore Rd, Somers Point, NJ 08244
Multi FamilyProperty Type
0.17 acresLot Size
3 carsParking Spaces

Description

Partial Bay Views from this Fully Occupied 4-Unit multi family investment property. This beautiful Victorian has been well maintained over the years. Solid rental income with good long term tenants makes this an excellent opportunity for investors or an ideal situation to live in one unit and rent the others. Each unit has separate electric meters. Plenty of parking in rear. Walk to bars and restaurants on the bay and enjoy sunsets on the beach.Partial Bay Views from this Fully Occupied 4-Unit multi family investment property. This beautiful Victorian has been well maintained over the years. Solid rental income with good long term tenants makes this an excellent opportunity for investors or an ideal situation to live in one unit and rent the others. Each unit has separate electric meters. Plenty of parking in rear. Walk to bars and restaurants on the bay and enjoy sunsets on the beach.
  • Listed by: SUSAN GARDNER • WEICHERT REALTORS ASBURY GROUP-OC
Listing closed: 09/16/2022 03:00 AM • Source: SJSRMLS, MLS#: 556943

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Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-OC

Sold By BHHS FOX and ROACH-Simpson OC

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Property Information for 737 Shore Road

Property Details
  • Taxes: $6,310 / year
  • MLS Type: MULTI-FAMILY / 4 - 10 Units
  • City/Community: Somers Point
  • Class: MULTI-FAMILY
  • Parking - Exterior: Three or More Cars
  • Waterfront (Y/N): No
Building Information
  • Residences: 4
  • Lot Size: 0.17 AC / 7,600 SF
Summary
Location and General Information
  • Address: 737 Shore Rd.
  • Address Number: 737
  • Address Search Number: 737
  • Address Street: Shore Rd.
  • Area: Somers Point City
  • County: Atlantic
  • Directions: Shore Rd. next to city hall
  • Fips Code: 34001
  • Location: Historical District
  • State: NJ
  • Zip: 08244
Owner
  • Owner: Of Record
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 10-28-2021
  • Tax Year: 2020
  • Taxes: 6310
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 1614
  • Lot #: 6
  • Lot Dimensions: 50x152
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • Estate Y/N: No
  • Flood Plain (Y/N): No
  • New Construction: No
  • Total Assessment: 0
  • Water: Public
Utilities
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Driveway: Stone
  • Outside Features: Fenced Yard, Patio, Porch, Shed
  • Siding/Exterior: Aluminum
  • Storms/Screens: Combination
Interior Features
  • Air Conditioning: Ceiling Fan(s), Window Units
  • Basement: Partial
  • Heating: Gas-Natural
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 3
  • # of 2 Bedroom Units: 1
  • Annual Taxes: 6300
  • Annual Taxes (O/T): Owner
  • Available: Lease Information, Utility Information
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Rental Information: 100 Percent Occupancy, Yearly
  • Separate Meters: Cable TV, Electric
  • Suitable For: Condo Conversion, Multi Family + Rooms, Rooming House
  • Total Income: 45000

Property History for 737 Shore Road

DateEvent & SourcePriceAppreciation
Sep 16, 2022

Closed

SJSRMLS #556943

$359,000—
Jan 21, 2022

Closed (Public Record)

Public Record #1488140305

$359,000

+6.8% / yr

Dec 30, 2021

Pending

SJSRMLS #556943

—
DateEvent & SourcePrice
09/16/2022

Closed

SJSRMLS #556943

$359,000
01/21/2022

Closed (Public Record)

Public Record #1488140305

$359,000

+6.8% / yr

12/30/2021

Pending

SJSRMLS #556943

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 737 Shore Road

Taxable ValueLand$60,900Additions$201,900Total$262,800
Tax Record2025$9,781 ($815 / month)
Home Facts
Beds0Total Finished SqFt1,928 SqFtAbove Grade Finished SqFt1,928 SqFtStories2Lot Size7,601 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900ZoningHVCCountyATLANTICAPN21-01614-0000-00006

Schools near 737 Shore Road

This home is within Mainland Regional High School District.
Rating
School
Type
Grades
Distance
Public - 4 to 8
Public - 9 to 12
Public - PK to 3
Private - PK to 8
Rating
School
Distance
Jordan Rd Elementary School
Public4 to 8

Mainland Regional High School
Public9 to 12

Dawes Ave Elementary School
PublicPK to 3

St. Joseph Regional School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 737 Shore Road, Somers Point, NJ 08244
$359,000
–
–
–
7,600
$334,000
–
–
–
–
$324,900
3
1,604
8,360
–
–
–
1,004
–
–
–
–
3,914
–
$200,000
–
–
7,840
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-OC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.