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Sold for $355,000
  • $355,000

    48 Greate Bay Dr #48, Somers Point, NJ 08244

    2beds
    1,650sqft
    Townhouse
    Built in 1977
    -- sqft lot
    $356,400 Zestimate®
    $215/sqft
    $2,512 Estimated rent

    Home value

    $356,400

    $324,000 - $392,000

    $2,512/mo

    Zestimate® history
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    What's special

    Wood burning fireplaceVersatile loft areaTwo dedicated parking spacesSpacious functional layout
    Just moments from beaches, golf, dining, and shopping, this charming townhome offers the perfect blend of shore convenience and everyday comfort. Located in the desirable Great Bay Condominiums in Somers Point, this 2 bedroom, 2.5 bath home features a spacious, functional layout. The first floor offers a comfortable living room with a wood burning fireplace and access to a private rear patio, perfect for relaxing or entertaining guests. The kitchen and dining area provide ample space for everyday living, while a convenient half bath and laundry area complete the main level. As you head upstairs, you'll find a versatile loft area that can be used as a home office, reading nook, or additional living space. Both bedrooms feature their own private bathrooms, offering comfort and privacy. The primary suite also includes access to a private patio, creating the perfect spot to enjoy your morning coffee or unwind after a day at the shore. Additional highlights include two dedicated parking spaces and a prime location just minutes from the Ocean City 9th Street Bridge, making beach days a breeze. Enjoy easy access to nearby golf courses, marinas, restaurants, shopping, and all that Somers Point and Ocean City have to offer. Whether you're looking for a year round residence, vacation getaway, or investment opportunity, this townhome is ready for its next chapter.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Warf 609-231-3274,

    Coldwell Banker James C Otton Real Estate - CMCH

    Bought with:

    Non-Member Non-Member

    Non Member

    Source: CMCAOR,MLS#: 261796MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • Partial bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Kitchen, Loft
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Electric Water Heater
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), Entrance Foyer, Storage
    • Fireplace features: Wood Burning Stove
    Interior area
    • Total interior livable area: 1,650 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car, Assigned
    Features
    • Levels: Two
    Lot
    • Features: Corner Lot
    Details
    • Parcel number: 210194100000000502C0048
    • Zoning: RGC

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $500 monthly
    Location
    • Region: Somers Point

    Financial & listing details

    • Price per square foot: $215/sqft
    • Tax assessed value: $200,000
    • Annual tax amount: $7,444
    • Date on market: 7/2/2026
    • Listing terms: Conventional

    Price history

    DateEventPrice
    9/30/2026Sold$355,000-9%$215/sqft
    Source: CMCAOR #261796 Report a problem
    8/28/2026Pending sale$389,900$236/sqft
    Source: SJSRMLS #609472 Report a problem
    8/28/2026Contingent$389,900$236/sqft
    Source: CMCAOR #261796 Report a problem
    8/12/2026Price change$389,900-7.1%$236/sqft
    Source: CMCAOR #261796 Report a problem
    7/28/2026Price change$419,900-6.7%$254/sqft
    Source: CMCAOR #261796 Report a problem
    7/2/2026Listed for sale$449,900+136.8%$273/sqft
    Source: CMCAOR #261796 Report a problem
    3/8/2018Sold$190,000-15.6%$115/sqft
    Source: Public Record Report a problem
    7/10/2008Sold$225,000$136/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$7,444 +4.1%$200,000
    2025$7,152 $200,000
    2024$7,152 +3.1%$200,000
    2023$6,940 +5.4%$200,000
    2022$6,582 +2.1%$200,000
    2021$6,448 +2.9%$200,000
    2020$6,266 +1.8%$200,000
    2019$6,155 +3.7%$200,000 -0.3%
    2018$5,935 +4.7%$200,700
    2017$5,666 +1%$200,700
    2016$5,608 +3.5%$200,700
    2015$5,419 +11%$200,700
    2014$4,883 $200,700
    Find assessor info on the county website

    Neighborhood: 08244

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $356,400
    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
    $356,400