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    235 Shr Rd Somers Point, NJ 08244-2655
    Property profile & analytics

    235 Shr Rd, Somers Point, NJ 08244-2655

    View on Map

    • Commercial real estate
    • 7,960 SF
    • 0.65 lot acres
    Off-Market
    Property ID
    US59-3196791
    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.

    Value Estimations
    $1,575,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Roytman Druger Irene DDS / Dental Office
    • By the Sea Dentistry / Dental Office
    • Dr. Christoph Michel, DMD / Dental Office
    • O'Hara Michael E OD / Physician
    • Miss Jacqueline Carey / Physician

    Property Details for 235 Shr Rd

    Year built
    2004
    Construction
    FRAME
    Lot size
    0.65 lot acres
    Zone code
    HC-1
    Property type
    Commercial real estate
    APN
    21 00512-0000-00007
    APU
    2100512000000007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 7, 2003 $425,000 235 Building LLC Max Gurcicz & Son INC Grant Deed —
    Apr 29, 2003 $300,000 Max Gurwicz & Son INC Temple Beth El Corp Grant Deed —
    Jan 21, 1992 $575,000 Sms Assoc Unknown Grant Deed —
    — — 235 Building LLC — Deed Of Trust · related $125k · Pnc Bank
    — — 235 Building LLC — Deed Of Trust · related $1.2M · Sun Life Assurance Co
    — — 235 Building LLC — Deed Of Trust · related $436k · Pnc Bank
    — — 235 Building LLC — Deed Of Trust · related $138k · Ocean City Home Bank
    — — 235 Building LLC — Deed Of Trust · related $1.3M · Ocean City Home Bank
    — — 235 Building LLC — Deed Of Trust · related $1.2M · American Equity Inv Life Ins
    — — 235 Building LLC — Deed Of Trust · related $50k · Ocean City Home Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,970,000
      6.5%
      $1,820,000
      7%
      $1,690,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,766,000
      Market price range: $726k - $2.22M
      AI Estimate
      $1,147,000
      Market price range: $488k - $1.32M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,420,000
      Current use
      OFFICE BUILDING
      $2,285,000
      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
    -74.5889
    Latitude
    39.3235
    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
    $46,540
    $254,300
    $1,138,700
    $1,393,000
    -
    $254,300
    $1,138,700
    $1,393,000
    More about this property
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