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Under contract
    • Price cut: $30K (8/12)
    $389,900

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

    2beds
    1,650sqft
    : 
    $3,328/mo
    Get pre-qualified
    Townhouse
    Built in 1977
    -- sqft lot
    $377,500 Zestimate®
    $236/sqft
    $500/mo HOA

    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.
    65 days
    693
    21

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Warf 609-231-3274,

    Coldwell Banker James C Otton Real Estate - CMCH

    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: $236/sqft
      • Tax assessed value: $200,000
      • Annual tax amount: $7,444
      • Date on market: 7/2/2026
      • Listing terms: Conventional

        Estimated market value

        $377,500

        $359,000 - $396,000

        $2,597/mo

        Price history

        DateEventPrice
        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
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 08244

        Getting around

        48 / 100
        Car-Dependent
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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