501 New Rd Somers Point, NJ 08244-2064
Property profile & analytics
501 New Rd, Somers Point, NJ 08244-2064
- Commercial real estate
- 18,405 SF
- 1.59 lot acres
Property ID
US59-1542108
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
- Somers Point News & Tobacco / (Bike/Boat/Book/etc) Store
- Point Optical / Eye Care Center / Contact Lenses Supplier
- Groveland Cleaners / (Bike/Boat/Book/etc) Store
- Sal's Coal Fired Pizza / Restaurant
- Philly Pretzel Factory / Bakery / Specialty Food Shop
Property Details for 501 New Rd
- Year built
- 1973
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.59 lot acres
- Zone code
- HC-1
- Property type
- Commercial real estate
- APN
- 21 01017-0000-00005
- APU
- 2101017000000005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| — | — | Mmr Associates LLC | — | Deed Of Trust · related | $250k · Pnc Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,297,000
- AI Estimate
- $1,492,000
Market price range: $1.68M - $5.14MMarket price range: $1.13M - $3.05M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,280,000 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
- -74.6006
- Latitude
- 39.3251
- 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
2023
$62,876
$897,000
$915,000
$1,812,000
-
$897,000
$915,000
$1,812,000
