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Property profile

920 Shr Rd Somers Point, NJ 08244

OFF-MARKET
Commercial real estate
Property ID
US59-2053257
3,364 SF 0.46 ac lot Built 1910
Last sale Oct 2021 · $595,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,100 square foot restaurant opportunity in Somers Point, NJ, is priced at $750,000 ($241.94/sq ft). Located at 920 Shore Rd, this property boasts a desirable location just off the Ocean City 9th Street Bridge, surrounded by thriving businesses. The 0.46-acre lot includes approved plans for a three-story building with a twenty-three-car parking lot. The design includes a first-floor kitchen with retail space, a second-floor dining area with a covered deck, and a third-floor…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2023$429k
Assessed land$248k
Assessed improvement$182k
Effective rate3.34%

Value estimate

· Nov 2026
$610k
$549k – $671k
AI approach$550k
CAP approach$770k
Submarket $/SF estimate$544k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$91 – $279
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HVC
Historic Village Commercial (HVC) Zone. § 114-100 Historic Village Residential (HVR) Zone. § 114-101 Historic Village Waterfront Zone. § ...
General categoryCOMMERCIAL
JurisdictionATLANTIC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.9
Pharmacy9.5
Bakery9.4

Location

920 Shr Rd Somers Point, NJ 08244-2353
County assessor Recorded deeds · 2 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
750 Shr, Somers Point, NJ 08244-2363 $590,000 Dec 2025 2,222 SF
661 New, Somers Point, NJ 08244-1966 $1,900,000 May 2025 3,168 SF
501 Dobbs, Somers Point, NJ 08244-2216 $670,000 May 2025 3,040 SF
31 Mays Lndg, Somers Point, NJ 08244-1111 $335,000 Mar 2025 2,091 SF
223 Shr, Somers Point, NJ 08244-2631 $430,000 Apr 2024 2,412 SF
22 Bethel, Somers Point, NJ 08244-1602 $999,400 Feb 2023 3,092 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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