Sold
Last Sold Price
3,099 sqft$165/sqft
98 New Rd, Somers Point, NJ 08244
Multi FamilyProperty Type
0.51 acresLot Size
1952Year Built
$165/sq ftPrice 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.
Listing closed: 07/23/2026 03:00 AM • Source: BRIGHT, MLS#: NJAC2022384

Location

Listing Courtesy of EXP Realty, LLC

Sold By EXP Realty, LLC

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Property Taxes

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Property Information for 98 New Road

Property Details
  • Taxes: $12,505 / year
  • MLS Type: MULTI-FAMILY / Fee Simple
  • Tax ID Number: 21-00314 01-00001
  • Ownership: Fee Simple
  • Structure Type: Detached
  • Style: Unit/Flat
  • Waterfront: No
  • Garage: No
  • Municipality: SOMERS POINT CITY
  • Central Air: Yes
  • Above Grade Finished SQFT: 3,099.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
Building Information
  • Residences: 4
  • Year Built: 1952
  • Lot Size: 0.51 AC / 22,098 SF
Location
Location
  • School District Name: SOMERS POINT
  • School District County ID: 300200396919
  • SchoolDistrictSource: Listing Agent
  • County: ATLANTIC
  • MLS Area: Somers Point City (20121)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $336,000
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $147,000
  • City Town Tax: $0
  • Land Assessed Value: $189,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R-1
  • Tax Lot: 00001
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,099.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 130.00 x 170.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 3428894
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Ocean City Board of REALTORS

Property History for 98 New Road

DateEvent & SourcePriceAppreciation
Jul 23, 2026

Closed

SJSRMLS #603571

$510,000
Jul 17, 2026

Closed

BRIGHT #NJAC2022384

$510,000
Jul 16, 2026

Closed (Public Record)

Public Record #1947261598

$510,000
DateEvent & SourcePrice
07/23/2026

Closed

SJSRMLS #603571

$510,000
07/17/2026

Closed

BRIGHT #NJAC2022384

$510,000
07/16/2026

Closed (Public Record)

Public Record #1947261598

$510,000

For completeness, we 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 Record2025$12,506 ($1,042 / month)
Home Facts
Total Finished SqFt3,099 SqFtAbove Grade Finished SqFt3,099 SqFtStories2Lot Size22,098 SqFtStyleOffice BuildingYear Built1952Year Renovated1952ZoningGBCountyATLANTICAPN21-00314-01-00001

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 Regional 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.

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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 EXP Realty, LLC

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.