Great investment opportunity in Somers Point! Steps to the bay, close to great restaurants and night life. Great location close to Ocean City, Longport/ Margate, shopping, golf courses. Three units, front house 3 bed 2 bath, back units two,1 bed 1 bath each floor. Front house rents for $1550 a month, first floor downstairs $1000 a month, second floor unit rents for $850 a month. Live in one rent the other two!
Sold for $582,500
$582,500
126 E Groveland Ave, Somers Point, NJ 08244
5beds
4baths
--sqft
Triplex
Built in ----
-- sqft lot
$734,000 Zestimate®
$--/sqft
$2,479 Estimated rent
Home value
$734,000
$675,000 - $807,000
$2,479/mo
Zestimate® history
Owner options
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$4,125/mo
Est. payment
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Est. payment
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Close to great restaurants
Zillow last checked:
Listing updated:
Listed by:
JOHN KOTAKIS 609-703-0288,
FOX REAL ESTATE-Brighton
Bought with:
Gina Tamburri, 9702902
Source: SJSRMLS,MLS#: 576813
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Natural Gas, See Remarks
Appliances
- Included: Dishwasher, Dryer, Gas Stove, Self Cleaning Oven, Washer
Features
- Windows: Blinds
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Total spaces: 3
- Parking features: None
Features
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Lot
- Size: 0.25 Acres
- Dimensions: 55 x 198
Details
- Parcel number: 7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Somers Point
Financial & listing details
- Tax assessed value: $251,000
- Annual tax amount: $8,092
- Date on market: 8/12/2023
- Date available: 08/12/2023
- Inclusions: Blinds
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2024 | Sold | $582,500 |
Source: Public Record Report a problem | ||
| 1/18/2024 | Sold | $582,500-2.9% |
Source:  SJSRMLS #576813 Report a problem | ||
| 10/9/2023 | Pending sale | $599,900 |
Source: SJSRMLS #576813 Report a problem | ||
| 8/12/2023 | Listed for sale | $599,900+114.3% |
Source: SJSRMLS #576813 Report a problem | ||
| 11/15/2019 | Listing removed | $975 |
Source: Northfield #529270 Report a problem | ||
| 10/13/2019 | Listed for rent | $975-37.1% |
Source: BHHS FOX and ROACH-Northfield #529270 Report a problem | ||
| 12/1/2017 | Listing removed | $1,550 |
Source: BHHS FOX and ROACH-Northfield #495960 Report a problem | ||
| 10/22/2017 | Listed for rent | $1,550+82.4% |
Source: BHHS FOX and ROACH-Northfield #495960 Report a problem | ||
| 5/14/2017 | Listing removed | $850 |
Source: BHHS FOX and ROACH-Northfield #482999 Report a problem | ||
| 2/27/2017 | Listed for rent | $850 |
Source: BHHS FOX and ROACH-Northfield #482999 Report a problem | ||
| 1/3/2007 | Sold | $280,000+62.3% |
Source: Public Record Report a problem | ||
| 10/25/2002 | Sold | $172,500+14.2% |
Source: Public Record Report a problem | ||
| 6/21/2001 | Sold | $151,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,976 | $251,000 |
| 2024 | $8,976 +3.1% | $251,000 |
| 2023 | $8,710 +5.4% | $251,000 |
| 2022 | $8,260 +2.1% | $251,000 |
| 2021 | $8,092 +2.9% | $251,000 |
| 2020 | $7,864 +2.2% | $251,000 |
| 2019 | $7,698 +3.7% | $251,000 |
| 2018 | $7,422 +4.7% | $251,000 |
| 2017 | $7,086 -1% | $251,000 |
| 2016 | $7,158 -6.6% | $251,000 -2% |
| 2015 | $7,668 -13.8% | $256,200 -9.8% |
| 2014 | $8,900 +7.8% | $284,000 +48.4% |
| 2012 | $8,259 +3.9% | $191,400 |
| 2011 | $7,953 +3.6% | $191,400 |
| 2010 | $7,675 +2.7% | $191,400 |
| 2009 | $7,476 +15.6% | $191,400 |
| 2008 | $6,464 +16.5% | $191,400 +27.1% |
| 2007 | $5,551 | $150,600 |
| 2006 | -- | $150,600 |
| 2005 | -- | $150,600 |
| 2004 | -- | $150,600 |
| 2003 | -- | $150,600 +2.2% |
| 2002 | -- | $147,400 |
| 2001 | -- | $147,400 |
Find assessor info on the county website
Neighborhood: 08244
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Nearby schools
GreatSchools rating
- 3/10Dawes Ave Elementary SchoolGrades: PK-3Distance: 0.4 mi
- 4/10Jordan Rd Elementary SchoolGrades: 4-8Distance: 1 mi
- 7/10Mainland Regional High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$734,000
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
$734,000
- New Jersey
- Atlantic County
- Somers Point
- 08244
- 126 E Groveland Ave
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