Financial
Distress signals
Property profile

223 Shr Rd Somers Point, NJ 08244

OFF-MARKET
Commercial real estate
Property ID
US59-1973219
2,412 SF 0.34 ac lot Built 1954
Last sale Apr 2024 · $430,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$399k
Assessed land$180k
Assessed improvement$219k
Effective rate3.34%

Value estimate

· Sep 2026
$430k
$387k – $473k
AI approach$430k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$91 – $279
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-1
Article IV: R-1 Single-Family Residential District - City of Somers Point, NJ Customize your cookie preferences We respect your right to ...
General categoryRESIDENTIAL
JurisdictionATLANTIC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.6
Daycare Center10.9
Auto Parts Store10.3

Location

223 Shr Rd Somers Point, NJ 08244-2631
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
750 Shr, Somers Point, NJ 08244-2363 $590,000 Dec 2025 2,222 SF
661 New, Somers Point, NJ 08244-1966 $1,900,000 May 2025 3,168 SF
501 Dobbs, Somers Point, NJ 08244-2216 $670,000 May 2025 3,040 SF
31 Mays Lndg, Somers Point, NJ 08244-1111 $335,000 Mar 2025 2,091 SF
22 Bethel, Somers Point, NJ 08244-1602 $999,400 Feb 2023 3,092 SF
807 Bay, Somers Point, NJ 08244-2307 $405,000 Jan 2023 1,524 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 223 Shr Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message