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Sold for $510,000
  • $510,000

    98 New Rd, Somers Pt, NJ 08244

    --beds
    --baths
    3,099sqft
    Multi Family
    Built in 1952
    -- sqft lot
    $507,200 Zestimate®
    $165/sqft
    $2,333 Estimated rent

    Home value

    $507,200

    $482,000 - $533,000

    $2,333/mo

    Zestimate® history
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    What's special

    Exceptional commercial property in a prime location! Situated on a highly visible corner lot with over 36,000+- cars passing daily, this property offers approximately 3,500 sq. ft. of flexible space in the heart of Somers Point's General Business (GB) zone. The ground floor features an open layout that can be divided into separate offices, with two entrances, plus a rear retail/office space. The second floor includes additional office space and a full bathroom, ideal for various business needs. The GB zoning allows for a wide range of uses, including retail shops, professional offices, restaurants, beauty salons, health clubs, and more. With its unbeatable location across from the new Chick-fil-A and Panera Bread, ample parking, and easy access to major roadways, this property is perfect for businesses looking to capitalize on high traffic and strong local growth. Don't miss this incredible opportunity to bring your business vision to life! Schedule your tour today and explore the potential of this outstanding commercial property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Quintin 609-398-5333,

    EXP Realty, LLC

    Bought with:

    Jeffrey Quintin, 9134206

    EXP Realty, LLC

    Source: Bright MLS,MLS#: NJAC2022384MLS Logo

    Facts & features

    Interior

    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,099
    • Total interior livable area: 3,099 sqft

    Property

    Parking
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 0.51 Acres
    • Dimensions: 130.00 x 170.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2100314 0100001
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Stucco
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Somers Pt
    • Municipality: SOMERS POINT CITY

    Financial & listing details

    • Price per square foot: $165/sqft
    • Tax assessed value: $336,000
    • Annual tax amount: $12,505
    • Date on market: 1/8/2026
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/17/2026Sold$510,000-7.3%$165/sqft
    Source: Bright MLS #NJAC2022384 Report a problem
    5/20/2026Contingent$549,900$177/sqft
    Source: CMCAOR #260040 Report a problem
    1/8/2026Price change$549,900-8.3%$177/sqft
    Source: SJSRMLS #603571 Report a problem
    11/14/2025Price change$599,900-7.7%$194/sqft
    Source: SJSRMLS #602374 Report a problem
    8/12/2025Price change$649,900-7.1%$210/sqft
    Source: SJSRMLS #597240 Report a problem
    6/12/2025Listed for sale$699,900-12.5%$226/sqft
    Source: SJSRMLS #597240 Report a problem
    6/11/2025Listing removed$799,900$258/sqft
    Source: SJSRMLS #593863 Report a problem
    4/29/2025Price change$799,900-20%$258/sqft
    Source: CMCAOR #250635 Report a problem
    4/1/2025Price change$999,900-16.3%$323/sqft
    Source: SJSRMLS #593863 Report a problem
    3/6/2025Listed for sale$1,195,000$386/sqft
    Source: SJSRMLS #593863 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 08244

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Somers Point

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $507,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $507,200