520 Bay Ave Somers Point, NJ 08244
Property profile & analytics
520 Bay Ave, Somers Point, NJ 08244
- Commercial real estate
- 2,546 SF
- 6.22 lot acres
Property ID
US59-1837446
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 520 Bay Ave
- Year built
- 2008
- Lot size
- 6.22 lot acres
- Zone code
- AH-2
- Property type
- Commercial real estate
- APN
- 21 01211-0000-00002
- APU
- 2101211000000002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 29, 2025 | — | Somers Point Paddle Club LLC | — | Deed · related | $6.6M · Columbia Bank |
| May 14, 2025 | — | Harbour Cove Marina LLC | Harbour Cove Marina LLC | Deed · related | — |
| Mar 16, 2021 | — | Harbour Cove Marina LLC | — | Deed · related | $6.9M · Oceanfirst Bk |
| May 20, 2008 | — | Harbour Cove Marina LLC | — | Deed Of Trust · related | $1.5M · Cape Bank |
| Jan 25, 2006 | $1 | Harbour Cove Marina LLC | Scarborough,r R | Grant Deed · related | — |
| Nov 19, 2001 | — | Harbour Cove Marina LLC | Scarborough,r R | Grant Deed | $6.2M · Hudson United Bank |
| — | — | Harbour Cove Marina LLC | — | Deed Of Trust · related | $7.5M · Cape Savings Bank |
| — | — | Harbour Cove Marina LLC | — | Deed Of Trust · related | $7.4M · Cape Bank |
| — | — | Harbour Cove Marina LLC | — | Deed Of Trust · related | $1M · Hudson United Bank |
| — | — | Harbour Cove Marina LLC | — | Loan Modification · related | $6.9M · Oceanfirst Bk |
| — | — | Harbour Cove Marina LLC | — | Deed Of Trust · related | $8.7M · Cape Bk |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $625,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $630,000
- 6.5%
- $580,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $711,000
- AI Estimate
- $422,000
Market price range: $232k - $712kMarket price range: $156k - $423k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $455,000 Current use
- OFFICE BUILDING
- $730,000 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
- -74.5883
- Latitude
- 39.316
- 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
$108,583
$1,975,000
$1,275,000
$3,250,000
-
$1,975,000
$1,275,000
$3,250,000
