What is the assessed value of 506 New Road, Somers Point, NJ?

506 New Road, Somers Point, NJ is assessed at $356,000 (land plus improvements).

What is 506 New Road, Somers Point, NJ worth?

Our model estimates 506 New Road, Somers Point, NJ at $634,242, based on comparable recorded sales nearby.

How many units does 506 New Road, Somers Point, NJ have?

506 New Road, Somers Point, NJ has 1 dwelling unit on record.

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506 New Road

Somers Point, NJ·Atlantic County

Estimated market value

$634,242

moderate confidence

range $539,106 – $729,378

Assessment-implied: $634,242; Equalization ratio 0.5613 (2025)
Comparable sales: 2 (below threshold)

Based on 2 comparable sales

Address	Sold	Price
98 New Rd	12/6/2024	$500,000
223 Shore Rd

Last sale

7/7/1972 · Tax assessor

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Property

Type

Commercial

Tax class

Commercial

Year built

1959

Building size

3,160 sq ft

Lot size

0.47 ac

Land description

72X285

Building description

1SCB

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$356,000

Land value

$216,000

Improvement value

$140,000

Last year's tax

$12,731

Sale on tax record

Deed date

7/7/1972

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Sales history

7/7/1972$0
Tax assessorBk 2668 / Pg 164

Date	Price	Book / Page	Verified by
7/7/1972	$0	2668 / 164	Tax assessor

Deeds

No recorded deeds yet. Click Get deed list to pull the title chain from the county clerk.

Properties on New Road

Properties on Block 1016

Frequently asked

What is the assessed value of 506 New Road, Somers Point, NJ?: 506 New Road, Somers Point, NJ is assessed at $356,000 (land plus improvements).
What is 506 New Road, Somers Point, NJ worth?: Our model estimates 506 New Road, Somers Point, NJ at $634,242, based on comparable recorded sales nearby.
How many units does 506 New Road, Somers Point, NJ have?: 506 New Road, Somers Point, NJ has 1 dwelling unit on record.
What kind of property is 506 New Road, Somers Point, NJ?: It is a Commercial Property.

Parcel ID0121·block 1016·lot 4

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506 New Rd

506 New Road, Somers Point, NJ — owner, sales, deeds · ElasticParcel

Estimated market value

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Property

Tax & Assessment

Sales history

Deeds

Frequently asked

Estimated market value

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Property

Tax & Assessment

Sales history

Deeds

Frequently asked

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