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Sold for $1,150,000
  • $1,150,000

    103 Somerset Ln, Ocean City, NJ 08226

    --beds
    --baths
    8,712Square Feet
    Unimproved Land
    Built in ----
    8,712 Square Feet Lot
    $1,194,400 Zestimate®
    $--/sqft
    $4,632 Estimated rent

    Home value

    $1,194,400

    $944,000 - $1.49M

    $4,632/mo

    Zestimate® history
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    $5,906/mo

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    $5,906/mo

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    What's special

    Searching for the perfect place to bring your dream home to life? This cleared and ready-to-build oversized lot offers the ideal opportunity to create your own piece of paradise. With the land already cleared and custom blueprints thoughtfully designed to fit the property, the hard work is done and your dream house awaits. Enjoy the peaceful charm of a quiet residential neighborhood while being just moments from everything 34th Street has to offer. From quick access to the bridge and walking distance to the beach, to a convenient grocery store and a family-friendly park perfect for weekend fun, this location truly has it all. Whether you’re building your forever home or a stunning coastal retreat, this property delivers the space, location, and lifestyle you’ve been searching for. Don’t miss this rare opportunity to own a build-ready single-family lot in one of the area’s most desirable coastal settings.

    Zillow last checked:

    Listing updated:

    Listed by:

    PETER MADDEN 609-513-4781,

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    Bought with:

    AGENT NON-MEMBER

    Source: SJSRMLS,MLS#: 604514MLS Logo

    Facts & features

    Property

    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 90 x 100
    Details
    • Parcel number: 1

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Tax assessed value: $334,900
    • Annual tax amount: $3,758
    • Date on market: 2/7/2026
    • Date available: 02/07/2026

    Price history

    DateEventPrice
    3/6/2026Sold$1,150,000-61%
    Source: SJSRMLS #604514 Report a problem
    2/7/2026Price change$2,950,000+146.9%
    Source: SJSRMLS #604515 Report a problem
    2/7/2026Listed for sale$1,195,000-4.3%
    Source: SJSRMLS #604514 Report a problem
    1/19/2026Listing removed$1,249,000
    Source: SJSRMLS #602201 Report a problem
    12/30/2025Price change$1,249,000+8.7%
    Source: SJSRMLS #602201 Report a problem
    11/15/2025Price change$1,149,000-3.8%
    Source: SJSRMLS #602201 Report a problem
    11/10/2025Listed for sale$1,195,000+40.6%
    Source: SJSRMLS #602201 Report a problem
    11/7/2025Sold$850,000-22.7%
    Source: SJSRMLS #599372 Report a problem
    9/18/2025Contingent$1,100,000
    Source: Long & Foster Broker Feed #599372 Report a problem
    9/17/2025Pending sale$1,100,000
    Source: SJSRMLS #599371 Report a problem
    8/16/2025Listed for sale$1,100,000
    Source: SJSRMLS #599371 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,758 $334,900
    2024$3,758 +4.8%$334,900
    2023$3,587 +6.6%$334,900
    2022$3,366 +2.8%$334,900
    2021$3,275 +1.1%$334,900
    2020$3,238 +0.9%$334,900
    2019$3,208 $334,900
    2018$3,208 +5.6%$334,900
    2017$3,038 +1.3%$334,900
    2016$2,997 +1.5%$334,900
    2015$2,954 +4.8%$334,900
    2014$2,820 -16.3%$334,900 -25.3%
    2012$3,370 +2.6%$448,200
    2011$3,285 +3.8%$448,200
    2010$3,164 +4.4%$448,200
    2009$3,030 +15.5%$448,200 -6.9%
    2008$2,624 +3.1%$481,400 +83.5%
    2007$2,545 $262,400
    2006-- $262,400
    2005-- $262,400
    2004$2,545 $262,400
    2003-- $262,400 +140.3%
    2002-- $109,200
    2001-- $109,200
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating