When was 550 New Road, Somers Point, NJ last sold?

550 New Road, Somers Point, NJ last sold in 2015 for $699,000.

What is the assessed value of 550 New Road, Somers Point, NJ?

550 New Road, Somers Point, NJ is assessed at $543,000 (land plus improvements).

What is 550 New Road, Somers Point, NJ worth?

Our model estimates 550 New Road, Somers Point, NJ at $967,397, based on comparable recorded sales nearby.

How many units does 550 New Road, Somers Point, NJ have?

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

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550 New Road

Somers Point, NJ·Atlantic County

Estimated market value

$967,397

moderate confidence

range $822,288 – $1,112,507

Assessment-implied: $967,397; Equalization ratio 0.5613 (2025)
Comparable sales: 2 (below threshold)

Last sale

$699,000

8/27/2015 · Tax assessor

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Property

Type

Commercial

Tax class

Commercial

Year built

1928

Building size

3,216 sq ft

Lot size

0.36 ac

Land description

157X100

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$543,000

Land value

$405,700

Improvement value

$137,300

Last year's tax

$19,418

Sale on tax record

$6,990

Deed date

8/27/2015

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Owner name and mailing address are available on Pro.

Sales history

8/27/2015$699,000
Tax assessorBk 13959 / Pg 54357
9/18/1998$285,000
Tax assessorBk 6373 / Pg 46
6/20/1989$227,690
Tax assessorBk 4922 / Pg 171
9/29/1988$91,500
Tax assessorBk 47663 / Pg 282

Date	Price	Book / Page	Verified by
8/27/2015	$699,000	13959 / 54357	Tax assessor
9/18/1998	$285,000	6373 / 46	Tax assessor
6/20/1989	$227,690	4922 / 171	Tax assessor

Properties on New Road

Properties on Block 1122

Frequently asked

When was 550 New Road, Somers Point, NJ last sold?: 550 New Road, Somers Point, NJ last sold in 2015 for $699,000.
What is the assessed value of 550 New Road, Somers Point, NJ?: 550 New Road, Somers Point, NJ is assessed at $543,000 (land plus improvements).
What is 550 New Road, Somers Point, NJ worth?: Our model estimates 550 New Road, Somers Point, NJ at $967,397, based on comparable recorded sales nearby.
How many units does 550 New Road, Somers Point, NJ have?: 550 New Road, Somers Point, NJ has 1 dwelling unit on record.
What kind of property is 550 New Road, Somers Point, NJ?: It is a Commercial Property.

Parcel ID0121·block 1122·lot 4

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550 New Rd

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

550 New Road

Somers Point, NJ·Atlantic County

Estimated market value

$967,397

moderate confidence

range $822,288 – $1,112,507

Assessment-implied: $967,397; Equalization ratio 0.5613 (2025)
Comparable sales: 2 (below threshold)

Last sale

$699,000

8/27/2015 · Tax assessor

Owner contactPro · unlock

Owner email, phone, and authorized agent are available on Pro.

1 other property share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

1928

Building size

3,216 sq ft

Lot size

0.36 ac

Land description

157X100

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$543,000

Land value

$405,700

Improvement value

$137,300

Last year's tax

$19,418

Sale on tax record

$6,990

Deed date

8/27/2015

Owner mailing addressPro · unlock

Owner name and mailing address are available on Pro.

Sales history

8/27/2015$699,000
Tax assessorBk 13959 / Pg 54357
9/18/1998$285,000
Tax assessorBk 6373 / Pg 46
6/20/1989$227,690
Tax assessorBk 4922 / Pg 171
9/29/1988$91,500
Tax assessorBk 47663 / Pg 282

Date	Price	Book / Page	Verified by
8/27/2015	$699,000	13959 / 54357	Tax assessor
9/18/1998	$285,000	6373 / 46	Tax assessor
6/20/1989	$227,690	4922 / 171	Tax assessor

Properties on New Road

Properties on Block 1122

Frequently asked

When was 550 New Road, Somers Point, NJ last sold?: 550 New Road, Somers Point, NJ last sold in 2015 for $699,000.
What is the assessed value of 550 New Road, Somers Point, NJ?: 550 New Road, Somers Point, NJ is assessed at $543,000 (land plus improvements).
What is 550 New Road, Somers Point, NJ worth?: Our model estimates 550 New Road, Somers Point, NJ at $967,397, based on comparable recorded sales nearby.
How many units does 550 New Road, Somers Point, NJ have?: 550 New Road, Somers Point, NJ has 1 dwelling unit on record.
What kind of property is 550 New Road, Somers Point, NJ?: It is a Commercial Property.

Parcel ID0121·block 1122·lot 4

Address	Sold	Price
98 New Rd	12/6/2024	$500,000
207 Shore Rd	7/1/2024	$390,000

Estimated market value

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Property

Tax & Assessment

Sales history

Frequently asked

Estimated market value

Owner contact🔒Pro · unlock

Property

Tax & Assessment

Sales history

Frequently asked

Deeds

Owner contactPro · unlock

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