191 New Rd Somers Point, NJ 08244-2212
Property profile & analytics
191 New Rd, Somers Point, NJ 08244-2212
- Commercial real estate
- 10,188 SF
- 1.71 lot acres
Property ID
US59-1728555
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- CVS Photo / (Bike/Boat/Book/etc) Store
- CVS / Pharmacy
- CVS Pharmacy / Pharmacy
- LibertyX Bitcoin ATM / Atm
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
Property Details for 191 New Rd
- Year built
- 2000
- Lot size
- 1.71 lot acres
- Zone code
- GB
- Property type
- Commercial real estate
- APN
- 21 00250-0000-00001- 03
- APU
- 210025000000000103
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 26, 2021 | — | Brahin Lee | Brahin Lee | Intrafamily Transfer · related | $1.4M · Peoples Security Bank & Trust Compa |
| — | — | Lee Brahin | — | Deed Of Trust · related | $1M · Wilmington Trust Fsb |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,520,000
- 6.5%
- $2,330,000
- 7%
- $2,160,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,847,000
- AI Estimate
- $1,690,000
Market price range: $930k - $2.85MMarket price range: $624k - $1.69M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,815,000 Current use
- OFFICE BUILDING
- $2,925,000 Change: +61% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Somers Point
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.5938
- Latitude
- 39.3311
- CBSA code
- 12100
- CBSA name
- ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$80,184
$693,500
$1,706,500
$2,400,000
-
$693,500
$1,706,500
$2,400,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month79.9k
-
Visitors by month35.3k
-
Avg Time on site8 min
