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    501 Dobbs Ave Somers Point, NJ 08244-2216
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    Property profile & analytics

    501 Dobbs Ave, Somers Point, NJ 08244-2216

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    • Commercial real estate
    • 3,040 SF
    • 0.18 lot acres
    Off-Market
    Last Sale May 18, 2025
    $670,000
    Property ID
    US59-3019918
    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
    $515,000
    Show details
    Cap Rate Potential
    9.3%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Quality LLC. / Roofing Company / General Contractor
    • A1 Quality Inc. - Kevin P. Brennan Roofing & Siding / Roofing Company / General Contractor

    Property Details for 501 Dobbs Ave

    Year built
    1964
    Construction
    FRAME
    Lot size
    0.18 lot acres
    Zone code
    R-1
    Property type
    Commercial real estate
    APN
    21 01720-0000-00006
    APU
    2101720000000006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 18, 2025 $670,000 Landmark Church INC Lc Enterprises LLC Deed $470k · Lc Enterprises LLC
    Aug 29, 2023 $400,000 Lc Enterprises LLC Hanserelli LLC Deed —
    Sep 4, 2015 $290,000 Hanserelli LLC Kpb Assets INC Deed $232k · Abco Public Employees FCU
    Jun 2, 2003 $442,000 Kpb Assets INC Federal Financial Co Grant Deed · related —
    Mar 27, 2000 $100 Federal Financial Co Hill,john N & Judith E Trustees Deed · related —
    — — Kpb Assets INC — Deed Of Trust · related $650k · Wachovia Bank NA
    — — Kpb Assets INC — Deed Of Trust · related $237k · Wells Fargo Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $485,000
      ML approach
      $415,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $750,000
      6.5%
      $695,000
      7%
      $645,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $396,000
      Market price range: $277k - $850k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $540,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Somers Point
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.6025
    Latitude
    39.3147
    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
    $10,457
    $110,100
    $202,900
    $313,000
    -
    $110,100
    $202,900
    $313,000
    More about this property
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