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Sold for $100,000
  • $100,000

    216 Somerset St, Gloucester City, NJ 08030

    3beds
    1,056sqft
    Single Family Residence
    Built in 1900
    1,721 Square Feet Lot
    $199,900 Zestimate®
    $95/sqft
    $1,795 Estimated rent

    Home value

    $199,900

    $174,000 - $222,000

    $1,795/mo

    Zestimate® history
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    What's special

    Welcome to 216 Somerset St, Gloucester City, NJ! Investor Opportunity or Flip Opportunity! This charming property presents an incredible opportunity for investors or those looking to unleash their creative vision and transform a home into their dream space. With 3 bedrooms and 1 bathroom, this residence offers a plethora of potential waiting to be unlocked. The current layout features a seamless fusion of the 1st-floor kitchen and living area, providing an open and inviting space. From here, you'll discover a generously sized kitchen with access to the laundry room and a full bath, ensuring convenience in your daily routines. Step through the kitchen door, and you'll find yourself in your own private backyard oasis, perfect for outdoor gatherings or relaxation. Moving up to the 2nd floor, you'll find two well-proportioned bedrooms. This level provides ample space for comfort and privacy. Ascend to the 3rd floor, where another bedroom awaits, providing versatility for a home office, a cozy retreat, or additional living space. The basement is currently unfinished, offering the chance to personalize it to your liking, whether that's creating extra storage, a recreational area, or a workshop - the possibilities are endless. Located in Gloucester City, NJ, this property benefits from a desirable neighborhood, close to amenities, schools, and easy access to major thoroughfares. Seize this chance to invest in a property with immense potential, whether you're looking for a lucrative investment or an exciting renovation project. This is an “as is” sale and buyer is responsible for obtaining the CO. Rentals in the area are going for $1600-$1800 a month! Don't miss out on this fantastic opportunity - schedule a showing today and unleash the full potential of 216 Somerset St

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa App 804-389-1044,

    KW Philly,

    Listing Team: Center City Listings, Co-Listing Agent: Rob Lavecchia 856-287-5849,

    KW Philly

    Bought with:

    Rob Lavecchia

    KW Philly

    Lisa App, 2335684

    KW Philly

    Source: Bright MLS,MLS#: NJCD2051816MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Basement
    Basement
    • Level: Lower
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    • Laundry: Main Level
    Features
    • Ceiling Fan(s), Eat-in Kitchen
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,056
    • Total interior livable area: 1,056 sqft
    • Finished area above ground: 1,056
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Fencing: Other
    Lot
    • Size: 1,721 Square Feet
    • Dimensions: 20.00 x 86.00
    • Features: Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 140005500015
    • Zoning: RESID
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1900
    Details
    • Builder model: 2.5 STY SEMI

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Gloucester Heights
    HOA
    • Has HOA: No
    Location
    • Region: Gloucester City
    • Municipality: GLOUCESTER CITY

    Financial & listing details

    • Price per square foot: $95/sqft
    • Tax assessed value: $63,700
    • Annual tax amount: $2,997
    • Date on market: 7/27/2023
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/17/2023Listing removed--
    Source: Bright MLS #NJCD2057562 Report a problem
    11/6/2023Price change$194,900-2.1%$185/sqft
    Source: Bright MLS #NJCD2057562 Report a problem
    11/2/2023Price change$199,000-0.5%$188/sqft
    Source: Bright MLS #NJCD2057562 Report a problem
    10/28/2023Listed for sale$199,900+99.9%$189/sqft
    Source: Bright MLS #NJCD2057562 Report a problem
    8/18/2023Sold$100,000-13%$95/sqft
    Source: Bright MLS #NJCD2051816 Report a problem
    8/1/2023Pending sale$115,000$109/sqft
    Source: Bright MLS #NJCD2051816 Report a problem
    7/28/2023Contingent$115,000$109/sqft
    Source: Bright MLS #NJCD2051816 Report a problem
    7/27/2023Listed for sale$115,000+721.4%$109/sqft
    Source: Bright MLS #NJCD2051816 Report a problem
    4/13/2019Sold$14,000+55.6%$13/sqft
    Source: Public Record Report a problem
    5/10/2016Sold$9,000$9/sqft
    Source: Public Record Report a problem
    2/4/2016Listing removed--
    Source: Auction.com Report a problem
    1/11/2016Listed for sale--
    Source: Auction.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,372 +5.6%$63,700
    2024$3,193 -46.9%$63,700
    2023$6,018 +4.4%$63,700
    2022$5,762 +94.2%$63,700
    2021$2,967 +5.7%$63,700
    2020$2,807 +2%$63,700
    2019$2,752 +2.1%$63,700
    2018$2,695 +3.9%$63,700
    2017$2,593 +11%$63,700
    2016$2,335 +8.6%$63,700
    2015$2,151 +1.4%$63,700 +55.4%
    2014$2,122 -0.9%$41,000
    2012$2,142 +4.4%$41,000
    2011$2,052 +5.5%$41,000
    2010$1,944 +6.1%$41,000
    2009$1,831 $41,000
    2008-- $41,000
    2007-- $41,000
    2006-- $41,000
    2005-- $41,000
    2004-- $41,000
    2003-- $41,000
    2002-- $41,000
    2001-- $41,000
    Find assessor info on the county website

    Neighborhood: 08030

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Gloucester City Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $199,900
    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
    $199,900