$599,900
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exceptional commercial property in a prime location! Situated on a highly visible corner lot with over 36,000+- cars passing daily, this property offers approximately 3,500 sq. ft. of flexible space in the heart of Somers Point's General Business (GB) zone. The ground floor features an open layout that can be divided into separate offices, with two entrances, plus a rear retail/office space. The second floor includes additional office space and a full bathroom, ideal for various business needs. The...Exceptional commercial property in a prime location! Situated on a highly visible corner lot with over 36,000+- cars passing daily, this property offers approximately 3,500 sq. ft. of flexible space in the heart of Somers Point's General Business (GB) zone. The ground floor features an open layout that can be divided into separate offices, with two entrances, plus a rear retail/office space. The second floor includes additional office space and a full bathroom, ideal for various business needs. The GB zoning allows for a wide range of uses, including retail shops, professional offices, restaurants, beauty salons, health clubs, and more. With its unbeatable location across from the new Chick-fil-A and Panera Bread, ample parking, and easy access to major roadways, this property is perfect for businesses looking to capitalize on high traffic and strong local growth. Don't miss this incredible opportunity to bring your business vision to life! Schedule your tour today and explore the potential of this outstanding commercial property.

Property Details for 98 New Road

City/Community
Somers Point
Class
MULTI-FAMILY
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
No
Zoned
R-1
LISTING UPDATED: 11/14/2025 03:49 PM

Property Details for 98 New Road

StatusActive
MLS #602374
Days on Market40
Taxes$12,506 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Other
Year Built1952
Lot Size0.32 AC / 13,940 SF
CountyAtlantic County

Location

Listing Courtesy of eXp Realty - Ocean City S382K
Add your commute

Building Information for 98 New Road

Stories-Residences4Year Built1952Building Size-Lot Size0.32 AC / 13,940 SF

Payment Calculator

$4,006 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,964

Property Taxes

$1,042

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 98 New Road

Summary
Location and General Information
  • Address: 98 New Road
  • Address Number: 98
  • Address Search Number: 98
  • Address Street: New
  • Area: Somers Point City
  • County: Atlantic
  • Directions: corner of bethel rd and new rd (rt 9.)
  • Fips Code: 34001
  • Location: Corner
  • State: NJ
  • Street Designation: Road
  • Zip: 08244
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 11-14-2025
  • Tax Year: 2025
  • Taxes: 12506
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 314.0
  • Lot #: 1
  • Lot Dimensions: 82 x 170
Property and Assessments
  • Associated Document Count: 4
  • Doc Timestamp: 11-14-2025
  • Improved Value: $189,000
  • Land Value: $336,000
  • Property Id: 21-00314-01-00001
  • Total Assessment: 336000
  • Water: Public
  • Year Built: 1952
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Stucco
Interior Features
  • Air Conditioning: Central
  • Heating: Gas-Natural
Multi Family
Multi-Family Information
  • Annual Taxes: 12,506
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Suitable For: Other (See Remarks)

Property History for 98 New Road

DateEvent & SourcePriceAppreciation
Nov 14, 2025

Withdrawn

SJSRMLS #597240

$649,900
Nov 14, 2025

Listed (Active)

SJSRMLS #602374

$599,900
Jun 12, 2025

Price Change

SJSRMLS #597240

$699,900
Jun 12, 2025

Listed (Active)

SJSRMLS #597240

$649,900
Jun 11, 2025

Expired

SJSRMLS #593863

$799,900
Jun 11, 2025

Withdrawn

SJSRMLS #593863

$799,900
Apr 2, 2025

Price Change

SJSRMLS #593863

$999,900
Mar 6, 2025

Price Change

SJSRMLS #593863

$1,195,000
Mar 6, 2025

Price Change

SJSRMLS #593863

$999,900
Mar 6, 2025

Listed (Active)

SJSRMLS #593863

$799,900
Dec 6, 2024

Closed (Public Record)

Public Record #1547813600

$500,000
DateEvent & SourcePrice
11/14/2025

Withdrawn

SJSRMLS #597240

$649,900
11/14/2025

Listed (Active)

SJSRMLS #602374

$599,900
06/12/2025

Price Change

SJSRMLS #597240

$699,900
06/12/2025

Listed (Active)

SJSRMLS #597240

$649,900
06/11/2025

Expired

SJSRMLS #593863

$799,900
06/11/2025

Withdrawn

SJSRMLS #593863

$799,900
04/02/2025

Price Change

SJSRMLS #593863

$999,900
03/06/2025

Price Change

SJSRMLS #593863

$1,195,000
03/06/2025

Price Change

SJSRMLS #593863

$999,900
03/06/2025

Listed (Active)

SJSRMLS #593863

$799,900
12/06/2024

Closed (Public Record)

Public Record #1547813600

$500,000

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

Public Records for 98 New Road

Taxable ValueLand$189,000Additions$147,000Total$336,000
Tax Record2024$12,015 ($1,001 / month)
Home Facts
Total Finished SqFt3,099 SqFtAbove Grade Finished SqFt3,099 SqFtStories2Lot Size22,098 SqFtStyleMiscellaneous CommercialYear Built1952ZoningR-1CountyATLANTICAPN21 00314- 01-00001

Schools near 98 New Road

This home is within Mainland Regional High School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Dawes Ave Elementary School
PublicPK to 3

Jordan Rd Elementary School
Public4 to 8

Mainland Reg High School
Public9 to 12

Gospel Of Grace Christian School
PrivatePK to 6

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.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

98 New Road is a multi-family home for sale in Somers Point, NJ 08244. This property was listed for sale on November 14, 2025 by eXp Realty - Ocean City S382K, it's currently listed at $599,900. It has been on the market for a total of 40 days and was last sold on December 6, 2024. This listing's school districts are Somers Point School District, Mainland Regional High School District. Nearby schools include Dawes Ave Elementary School, Jordan Rd Elementary School and Mainland Reg High School. 98 New Road is a 0-bed, 0-bath, multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty - Ocean City S382K

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.