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Sold for $700,000
  • $700,000

    137 Gibbs Ave, Somers Point, NJ 08244

    3beds
    1,713sqft
    Ranch
    Built in 1950
    7,644 Square Feet Lot
    $754,800 Zestimate®
    $409/sqft
    $3,599 Estimated rent

    Home value

    $754,800

    $717,000 - $793,000

    $3,599/mo

    Zestimate® history
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    What's special

    Updated main homeStainless steel appliancesGranite countertops
    This exceptional property offers so much—don’t miss your chance to own in the highly desirable historic district of Somers Point. The updated main home features 2 bedrooms, 1 full bathroom, and 1 half bath. The kitchen boasts an open layout with an eat-in island, stainless steel appliances, and granite countertops, flowing seamlessly into the main living space. Enjoy water views from the living area and deck. The fully fenced backyard provides a fantastic space for entertaining family and friends plus a new roof installed April 2025. Adding even more value, the property includes a second structure featuring a legal apartment above two full garages. The apartment has been updated and offers 1 bedroom, 1 bathroom, and a galley-style kitchen—ideal for guests, extended family, or rental income. Additional highlights include two full driveways for ample parking and public waterfront access just steps away, perfect for launching kayaks or paddle boards, fishing, or simply enjoying the scenery. This property offers an incredible opportunity in a prime location with Somers Point’s best restaurants and marinas all walkable and just a short drive to the beaches of Ocean City, Longport, and Margate at a fraction of the cost.—schedule your showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    RICHARD DICIOCCIO III 609-335-6993,

    BHHS FOX and ROACH-Margate,

    RENE KANE 609-703-8592,

    BHHS FOX and ROACH-Margate

    Bought with:

    KEVIN MCGONIGLE, 9805618

    Source: SJSRMLS,MLS#: 603406MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
    Features
    • Kitchen Island, In-Law Floorplan
    • Flooring: Laminate
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 1,713
    • Total interior livable area: 1,713 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached Garage
    • Has garage: Yes
    Features
    • Exterior features: Fenced Yard, Sprinkler System
    • Fencing: Fenced
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 7,644 sqft
    • Dimensions: 78 x 98
    Details
    • Parcel number: 6

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Ranch
    Materials
    • Cedar
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Somers Point

    Other

    Other facts
    • Available date: 12/21/2025

    Price history

    DateEventPrice
    3/5/2026Sold$700,000-9.7%$409/sqft
    Source: SJSRMLS #603406 Report a problem
    2/28/2026Pending sale$775,000$452/sqft
    Source: SJSRMLS #603406 Report a problem
    2/10/2026Price change$775,000-6.1%$452/sqft
    Source: SJSRMLS #603406 Report a problem
    1/11/2026Listed for sale$825,000$482/sqft
    Source: SJSRMLS #603406 Report a problem
    1/7/2026Pending sale$825,000$482/sqft
    Source: SJSRMLS #603406 Report a problem
    1/2/2026Listed for sale$825,000+94.1%$482/sqft
    Source: SJSRMLS #603406 Report a problem
    10/17/2024Listing removed$2,750$2/sqft
    Source: Zillow Rentals Report a problem
    10/15/2024Price change$2,750-1.8%$2/sqft
    Source: Zillow Rentals Report a problem
    9/23/2024Price change$2,800-1.8%$2/sqft
    Source: Zillow Rentals Report a problem
    9/11/2024Price change$2,850-1.7%$2/sqft
    Source: Zillow Rentals Report a problem
    9/4/2024Price change$2,900-3.3%$2/sqft
    Source: Zillow Rentals Report a problem
    8/26/2024Price change$3,000-3.2%$2/sqft
    Source: Zillow Rentals Report a problem
    8/12/2024Listed for rent$3,100$2/sqft
    Source: Zillow Rentals Report a problem
    8/19/2022Sold$425,000$248/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,169 $256,400
    2024$9,169 +3.1%$256,400
    2023$8,897 +6.6%$256,400 +1.1%
    2022$8,349 +2.1%$253,700
    2021$8,179 +2.9%$253,700
    2020$7,948 +7.3%$253,700
    2019$7,407 +6.5%$253,700 +5.1%
    2018$6,955 +4.7%$241,500 +2.7%
    2017$6,640 +1%$235,200
    2016$6,571 +3.5%$235,200
    2015$6,350 -22.9%$235,200
    2014$8,235 +7.8%$235,200 +32.8%
    2012$7,642 +3.9%$177,100
    2011$7,359 +3.6%$177,100
    2010$7,102 +2.7%$177,100
    2009$6,918 +1.7%$177,100
    2008$6,802 +4.2%$177,100
    2007$6,528 $177,100
    2006-- $177,100
    2005-- $177,100
    2004-- $177,100
    2003-- $177,100
    2002-- $177,100 +29.7%
    2001-- $136,500

    Find assessor info on the county website

    Neighborhood: 08244

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $754,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $754,800