Sold
Last Sold Price

98 New, Somers Point, NJ 08244

0.51 acresLot Size
1952Year Built

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.
  • Listed by: Jeffrey Quintin • eXp REALTY
Listing closed: 07/17/2026 12:00 AM • Source: CMCMLS, MLS#: 260040
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of eXp REALTY

Sold By eXp REALTY

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,765 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,723

Property Taxes

$1,042

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 98 New

Property Details

  • Taxes: $12,506 / year
  • County: -
  • Approx Year Built: 1952
  • Class: MULTI-FAMILY
  • Location: Corner
  • Sale/Rent: For Sale
  • Type: Mixed Use

Building Information

  • Year Built: 1952
  • Lot Size: 0.51 AC / 22,098 SF

Summary

Location and General Information
  • Area: Out of County
  • Address Number: 98
  • Sewer: Public
  • Address Search Number: 98.0
  • Address Street: New
  • City: Somers Point
  • Street Designation: Road
  • Address: 98 New Road
  • Status: SOLD IN-HOUSE
  • Zoned: R-1
  • State: NJ
  • Zip: 08244
  • Status Detail: 4
Taxes and HOA Information
  • Taxes: $12,506.00
  • Tax Year: 2025

Property

Lot Information
  • Lot Size: 22,098
  • New Construction Y/N: No
  • Lot Number: 1
  • Block Number: 314.0
Property and Assessments
  • Total Assessment: $336,000
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Gas Natural
  • Cooling: Central Air
  • Hot water: Gas
  • Water: Public
  • Sewer: Public

Interior and Exterior Features

Interior Features
  • Total # of Baths: 1
  • Total Rent: 0
  • Total # of Lavs: 1
  • Total # of Beds: 2
  • Number of Units: 4.0

Property History for 98 New

DateEvent & SourcePriceAppreciation
Aug 12, 2026

Expired

CMCMLS #253350

—
Jul 17, 2026

Closed

CMCMLS #260040

$510,000—
Jun 2, 2026

Expired

CMCMLS #251715

—
DateEvent & SourcePrice
08/12/2026

Expired

CMCMLS #253350

—
07/17/2026

Closed

CMCMLS #260040

$510,000
06/02/2026

Expired

CMCMLS #251715

—

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

Schools near 98 New

Rating
School
Type
Grades
Distance
Private - PK to 8
Rating
School
Distance
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.

Similar Homes

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

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.