508 W New Jersey Ave Somers Point, NJ $ 399,000
508 W New Jersey Ave
$ 399,000
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508 W New Jersey Ave

Somers Point, NJ, 08244
$ 399,000
Bedrooms3 Baths2.0

Monthly Estimate*

$ 2,652

508 W New Jersey Ave, Somers Point, NJ 08244 - Image 1
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Single Family Home for sale in Somers Point, NJ

for $399,000 with 3 bedrooms and 2 full baths. This home was built in 1932.

EPIC & UNIQUE WEALTH BUILDING OPPORTUNITY! Seriously, listen to me... this is the one! Incredible opportunity to own TWO separate homes on one lot! Tons of possibilities for investors: rent both out for passive income, live in one, rent the other out, finally get that shore house you've been dreaming of, and let the other home help you pay for it... truly endless possibilities. And the best part! One unit already comes with a tenant place!! These two homes have 2 separate addresses, back up to one another, and are separated by a fence. 508 W New Jersey is a well kept 2 bed, 1 bath home with a vibey open floor plan & newer roof & HVAC. You walk into the living room, then through an expansive and bright dining room and come to the open, updated kitchen. A few small details to note are ceiling fans, crown moulding, laminate flooring, basement, walk up attic storage, stainless steel appliances, and a storage shed! This home is vacant. 415 Dobbs is a well maintained 1 bed, 1 bath home with a cozy living room, updated kitchen with new stove and fridge, large bedroom, and separate laundry room with stackable w&d. This home doesn't have central air, but a wall unit keeps it nice and chilly in the Summer. Did I mention there is already an AWESOME tenant in place until 3/2025 for you in this home at $1200/month?? No need to worry about vacancy costs, and a good tenant is worth their weight in gold (am I right?). Tons of opportunity here to start or build your investment portfolio and begin earning passive income!! Let's gooo!

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Single Family Active

Price

$ 399,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 7,464

Style

Ranch

Year Built

1932

Town/City

Somers Point

County/Region

Atlantic

MLS | Web ID

585091

Features
Exterior
Exterior Vinyl
Lot 1720
Lot Dimensions 50 x 147
Lot Size Less than One Acre
Storms/Screens Combination Insulated Glass
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General
Water Public
Sewer Public Sewer
Heating Forced Air Gas-Natural
Appliances Dishwasher Refrigerator
Status Active Active
Full Baths 2
Half Baths 0
Year Built 1932
Other Rooms Dining Room Eat In Kitchen
Water Heater Gas
Style Ranch
Class RESIDENTIAL
Type Single Family
Rooms 9
Tax Year 2023
Garage None
Waterfront No
Area Somers Point City
Taxes 7464
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Interior
Basement Full Unfinished
Flooring Laminate Flooring
Beds 3
Air Conditioning Ceiling Fan(s) Central
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* Excluded Features
List By
Keller Williams Realty Jersey Shore-Ocean City

Broker

Affordability Calculator

$3,274
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,652
Monthly Property Taxes
$622
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$399,000 Listed Price

Map


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508 W New Jersey Ave, Somers Point, NJ, 08244 is a Single Family Home for sale at $399,000. 508 W New Jersey Ave has 3 bedrooms, 2.0 baths, and was built in 1932. The property's zip code is 08244 which is in Somers Point, NJ