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Building (2 units)

365 New Road #2

Somers Point, NJ 08244·Atlantic County

Estimated market value

$2,431,855

moderate confidence

range $2,067,076 – $2,796,633

Assessment-implied: $2,431,855; Equalization ratio 0.5613 (2025)
Comparable sales: 3 (below threshold)

Based on 3 comparable sales

Address	Sold	Price
549 New Rd #8	8/16/2024	$69,985
549 New Rd #6	9/29/2023	$96,000
551 New Rd #2	6/21/2023	$128,575

Last sale

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9 other properties share this owner's mailing address (excluding this building).View portfolio →

Property

Type

Condo unit

Tax class

Commercial

Year built

0

Building size

—

Lot size

0.00 ac

Land description

—

Building description

1S-F-A CONDO

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$1,365,000

Land value

$715,000

Improvement value

$650,000

Last year's tax

$50,805

Sale on tax record

—

Deed date

—

Zoning

GB· Commercial

Typically allows retail, offices, and other businesses.

Owner mailing addressSign in to view

Owner name and mailing address are available on Pro.

Sales history

No recorded sales yet.

Deeds

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

Units in 365 New Road

Unit 1
Unit 2

Properties on New Road

Properties on Block 516

Frequently asked

What is the assessed value of 365 New Road #2, Somers Point, NJ 08244?: 365 New Road #2, Somers Point, NJ 08244 is assessed at $1,365,000 (land plus improvements).
What is 365 New Road #2, Somers Point, NJ 08244 worth?: Our model estimates 365 New Road #2, Somers Point, NJ 08244 at $2,431,855, based on comparable recorded sales nearby.
What kind of property is 365 New Road #2, Somers Point, NJ 08244?: It is a Commercial Property.

Parcel ID0121·block 516·lot 13·qual C0002