401-405 Bethel Rd, Unit 405 Somers Point, NJ 08244-2108
Property profile & analytics
401-405 Bethel Rd, Unit 405, Somers Point, NJ 08244-2108
- Commercial real estate
- 24,480 SF
- 3.48 lot acres
Property ID
US59-1484728
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
- Commercial real estate
Property Details for 401-405 Bethel Rd
- Year built
- 2002
- Construction
- FRAME
- Lot size
- 3.48 lot acres
- Zone code
- GB
- Property type
- Commercial real estate
- APN
- 21 00499-0000-00006
- APU
- 2100499000000006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 14, 2023 | $6,863,259 | Ssa Somers Point LLC | Jordan Development Associates LLC | Deed | — |
| May 18, 2001 | — | Jordan Development Assoc | Judith Brahin Trust | Grant Deed · related | — |
| — | — | Jordon Dev Associates LLC | — | Deed Of Trust · related | $1.7M · Td Bk NA |
| — | — | Jordan Dev Associates LLC | — | Deed Of Trust · related | $3.5M · Valley Nat'l Bk |
| — | — | Jordan Dev Associates LLC | — | Loan Modification · related | $1.9M · Td Bank NA |
| — | — | Jordan Development Assoc LLC | — | Deed Of Trust · related | $2.6M · Commerce Bank NA |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $8,295,000
- ML approach
- $7,675,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,060,000
- 6.5%
- $5,595,000
- 7%
- $5,195,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,437,000
Market price range: $2.23M - $6.84M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,360,000 Current use
- OFFICE BUILDING
- $7,025,000 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
- -74.5949
- Latitude
- 39.3238
- 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
$116,935
$897,800
$2,602,200
$3,500,000
-
$897,800
$2,602,200
$3,500,000
