823 Bay Ave Somers Point, NJ 08244-2346
Property profile & analytics
823 Bay Ave, Somers Point, NJ 08244-2346
- Commercial real estate
- 8,375 SF
- 0.80 lot acres
Property ID
US59-0169452
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
- Anchorage Tavern Restaurant / Restaurant
Property Details for 823 Bay Ave
- Year built
- 1886
- Construction
- FRAME
- Lot size
- 0.80 lot acres
- Zone code
- HVW
- Property type
- Commercial real estate
- APN
- 21 01712-0000-00020
- APU
- 2101712000000020
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 1, 2023 | $3,016,000 | Anch2023 LLC | Cdm Enterprises LLC | Deed | $2.6M · Sturdy Savings Bank |
| Nov 9, 2016 | — | Cdm Enterprises LLC | — | Deed · related | $1M · Michele Mahoney |
| — | — | Cdm Enterprises LLC | — | Deed Of Trust · related | $1M · Michele Mahoney |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,645,000
- ML approach
- $3,460,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,075,000
- 6.5%
- $1,915,000
- 7%
- $1,775,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,823,000
Market price range: $764k - $2.34M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,405,000
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
- 39.311
- 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
$48,044
$526,200
$911,800
$1,438,000
-
$526,200
$911,800
$1,438,000
