Off market

Zestimate^®

$1,314,500

5 Somerset Ln, Ocean City, NJ 08226

3beds

898sqft

SingleFamily

Built in 1954

7,200 Square Feet Lot

$1,314,500 Zestimate^®

$1,464/sqft

$3,560 Estimated rent

Home value

$1,314,500

$1.12M - $1.51M

$3,560/mo

Zestimate^® history

Owner options

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$3,560/mo

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$3,560/mo

Rent Zestimate^®

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$6,751/mo

Est. payment

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$6,751/mo

Est. payment

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What's special

This house is a charming beach retreat located on a corner lot with a spacious yard and beautiful views. This popular neighborhood is quiet and yet very accessible to main attractions around 34th Street in Ocean City. The home is being sold “as is” with many opportunities to make it your own. Contact me to set up a showing!

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Appliances

Included: Dryer, Freezer, Range / Oven, Refrigerator, Washer

Features

Flooring: Carpet, Linoleum / Vinyl
Basement: None
Has fireplace: No

Interior area

Total interior livable area: 898 sqft

Property

Parking

Total spaces: 2
Parking features: Off-street

Features

Exterior features: Vinyl
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 7,200 Square Feet

Details

Parcel number: 0803707000000002

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Roof: Other

Condition

Year built: 1954

Community & HOA

Location

Region: Ocean City

Financial & listing details

Price per square foot: $1,464/sqft
Tax assessed value: $1,011,000
Annual tax amount: $11,343

Price history

Date	Event	Price
3/7/2021	Listing removed	--
Source: Owner Report a problem
8/21/2020	Sold	$360,000-4%$401/sqft
Source: Public Record Report a problem
5/27/2020	Listed for sale	$375,000+25%$418/sqft
Source: Owner Report a problem
4/12/2019	Sold	$300,000+35.7%$334/sqft
Source: Public Record Report a problem
9/4/2014	Sold	$221,000-28.5%$246/sqft
Source: Public Record Report a problem
1/30/2014	Listing removed	$309,000$344/sqft
Source: GRACE REALTY #415036 Report a problem
7/27/2013	Listed for sale	$309,000$344/sqft
Source: GRACE REALTY #415036 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,343	$1,011,000
2024	$11,343 +4.8%	$1,011,000
2023	$10,828 +6.6%	$1,011,000
2022	$10,161 +226.9%	$1,011,000 +297.4%
2021	$3,108 +1.1%	$254,400 -19.9%
2020	$3,073 +8.6%	$317,800
2019	$2,830	$317,800
2018	$2,830 -1.8%	$317,800
2017	$2,882 +1.3%	$317,800
2016	$2,844 +1.5%	$317,800
2015	$2,803 +4.8%	$317,800
2014	$2,676 -17.4%	$317,800 -26.2%
2012	$3,240 +2.6%	$430,900
2011	$3,159 +3.8%	$430,900
2010	$3,042 +4.4%	$430,900
2009	$2,913 +31.9%	$430,900
2008	$2,209 +3.1%	$430,900 +95.1%
2007	$2,143	$220,900
2006	--	$220,900
2005	--	$220,900
2004	$2,143	$220,900
2003	--	$220,900 +134.3%
2002	--	$94,300
2001	--	$94,300