124 East Groveland Avenue

Somers Point, NJ 08244

$565,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

GREAT INVEStMENT OPPORTUNITY ! This duplex is located right over the bridge from Ocean City and Longport close to the bay and meadow in Somers Point ..close to restaurants, local beaches, shopping and more. The seller legally separated the all the utilities....the first floor features three bedrooms and one full bath with an amazing front sunroom that over looks the bay and meadow.. There was a yearly tenant in this unit the lease just ended and it is now empty ...the second floor features one large...GREAT INVEStMENT OPPORTUNITY ! This duplex is located right over the bridge from Ocean City and Longport close to the bay and meadow in Somers Point ..close to restaurants, local beaches, shopping and more. The seller legally separated the all the utilities....the first floor features three bedrooms and one full bath with an amazing front sunroom that over looks the bay and meadow.. There was a yearly tenant in this unit the lease just ended and it is now empty ...the second floor features one large bedroom that could be separated and made into two bedrooms, one full bath with bay and meadow views, this unit is tenant occupied the tenant is paying $1100 per month plus utilities ... Make this your vacation getaway, air B and B or your permant address ..call today to show . Amazing rental history!. Amazing rental history! Property is being sold "as is" buyer responsible for all inspecitons...
  1. Listed by REGINA MACOM • BHHS FOX and ROACH-Simpson OC

Property Details for 124 East Groveland Avenue

City/Community
Somers Point
Class
MULTI-FAMILY
Parking - Exterior
Two Car
Waterfront (Y/N)
No

Location

Listing Courtesy of BHHS FOX and ROACH-Simpson OC
Add your commute
LISTING UPDATED: 04/23/2024 03:00 PM

Property Details for 124 East Groveland Avenue

StatusActive
MLS #582362
Days on Market73
Taxes$8,100 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built-
Lot Size0.19 AC / 8,225 SF
CountyAtlantic County

Location

Listing Courtesy of BHHS FOX and ROACH-Simpson OC
Add your commute

Building Information for 124 East Groveland Avenue

Stories-Residences2Year Built-Building Size-Lot Size0.19 AC / 8,225 SF

Payment Calculator

$3,758 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,083

Property Taxes

$675

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 124 East Groveland Avenue

Summary
Location and General Information
  • Address: 124 E Groveland Dr
  • Address Direction: E
  • Address Number: 124
  • Address Search Number: 124
  • Address Street: Groveland
  • Area: Somers Point City
  • County: Atlantic
  • Directions: From Ocean City Shore Rd right onto Groveland heading towards the bay
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Dr
  • Zip: 08244
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 02-19-2024
  • Tax Year: 2023
  • Taxes: 8100
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 910
  • Lot #: 6
  • Lot Dimensions: 47 x 175
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • New Construction: No
  • Total Assessment: 0
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Driveway: Blacktop
  • Outside Features: Sidewalks
  • Siding/Exterior: Vinyl
Interior Features
  • Air Conditioning: Ceiling Fan(s), Window Units
  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Basement: Partial
  • Heating: Forced Air
Multi Family
Multi-Family Information
  • Annual Taxes: 8100
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Rental Information: Yearly
  • Separate Meters: Cable TV, Electric, Gas, Heat, Hot Water, Sewer, Water

Property History for 124 East Groveland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 124 East Groveland Avenue

Taxable ValueLand$75,700Additions$167,000Total$242,700
Tax Record2022$8,109 ($676 / month)
Home Facts
Beds0Total Finished SqFt1,692 SqFtAbove Grade Finished SqFt1,692 SqFtStories2Lot Size8,224 SqFtStyleSingle Family ResidenceYear Built1920ZoningR-1CountyATLANTICAPN21 00910-0000-00006

Schools near 124 East Groveland Avenue

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 8
Rating
School
Distance
Dawes Ave Elementary School
PublicPK to 3

Jordan Rd Elementary School
Public4 to 8

Mainland Reg High School
Public9 to 12

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

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Similar Sold Homes

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124 East Groveland Avenue is a multi-family home for sale in Somers Point, NJ 08244. This property was listed for sale on February 19, 2024 by BHHS FOX and ROACH-Simpson OC, it's currently listed at $565,000. It has been on the market for a total of 73 days and was last sold on November 27, 2000. This listing's school districts are Mainland Regional High School District, Somers Point School District. Nearby schools include Dawes Ave Elementary School, Jordan Rd Elementary School and Mainland Reg High School. 124 East Groveland Avenue is a 0-bed, 0-bath, multi-family home.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS FOX and ROACH-Simpson OC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.