1516 Somers Point Rd
Egg Harbor Township, NJ 08234
4 bd 3 ba 2,594 sqft Built 1940 single_family
Most recent sale
$85,000
Aug 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 26, 2024 | Sold | $80,000 | BrightMLS |
| Jan 21, 2024 | Listing removed | $120,000 | AtlanticCity |
| Aug 2, 2022 | Sold | $85,000 | Public Record |
| May 18, 2022 | Sold | $85,000 | AtlanticCity |
| Mar 17, 2022 | Listed | $59,900 | MLS #560748 |
| Mar 28, 2020 | Listing removed | $60,000 | AtlanticCity |
| Dec 27, 2019 | Listed | $60,000 | MLS #531768 |
| Dec 9, 2019 | Listed | $60,000 | MLS #531264 |
| Sep 7, 2018 | Listing removed | $55,000 | AtlanticCity |
| Sep 6, 2018 | Listing removed | $55,000 | AtlanticCity |
| Jun 20, 2018 | Price changed | $55,000 | MLS #501992 |
| May 30, 2018 | Price changed | $125,000 | MLS #501992 |
| May 11, 2018 | Price changed | $75,000 | MLS #501992 |
| May 9, 2018 | Price changed | $125,000 | MLS #501992 |
| Apr 25, 2018 | Price changed | $90,000 | MLS #501992 |
| Mar 7, 2018 | Listed | $125,000 | MLS #501992 |
| Mar 4, 2016 | Listing removed | $75,000 | AtlanticCity |
| Apr 26, 2015 | Price changed | $75,000 | MLS #444284 |
| Mar 17, 2015 | Price changed | $99,000 | MLS #444284 |
| Mar 8, 2015 | Listed | $179,000 | MLS #444284 |
| Feb 8, 2007 | Sold | $180,000 | Public Record |
| Sep 19, 2006 | Sold | $75,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $42,700 | $31,400 | $74,100 | $2,520 |
| 2024 | $42,700 | $31,400 | $74,100 | $2,485 |
| 2023 | $42,700 | $31,400 | $74,100 | $2,480 |
| 2022 | $42,700 | $31,400 | $74,100 | $2,471 |
| 2021 | $42,700 | $31,400 | $74,100 | $2,491 |
| 2020 | $42,700 | $31,400 | $74,100 | $2,446 |
| 2019 | $42,700 | $31,400 | $74,100 | $2,379 |
| 2018 | $155,700 | $31,400 | $187,100 | $5,879 |
| 2017 | $155,700 | $31,400 | $187,100 | $5,858 |
| 2016 | $155,700 | $31,400 | $187,100 | $5,626 |
| 2015 | $155,700 | $31,400 | $187,100 | $5,544 |
| 2014 | $155,700 | $31,400 | $187,100 | $5,433 |
| 2013 | $155,700 | $31,400 | $187,100 | $5,263 |
| 2012 | $123,900 | $25,700 | $149,600 | $6,325 |
| 2011 | $123,900 | $25,700 | $149,600 | $6,135 |
| 2010 | $123,900 | $25,700 | $149,600 | $5,954 |
| 2009 | $123,900 | $25,700 | $149,600 | $5,700 |
| 2008 | $123,900 | $25,700 | $149,600 | $5,571 |
| 2007 | $123,900 | $25,700 | $149,600 | $5,354 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,594 sqft
Lot size
—
ZIP code
08234
City
Egg Harbor Township
Street
Somers Point Rd
Coordinates
39.35052, -74.66625
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1516 Somers Point Rd last sell?
1516 Somers Point Rd most recently sold on Aug 2, 2022 for $85,000.
What is the current tax assessment for 1516 Somers Point Rd?
The most recent total assessment for 1516 Somers Point Rd (year 2025) is $74,100 with $2,520 in property tax.
How does 1516 Somers Point Rd's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $85,000.
When was 1516 Somers Point Rd built?
1516 Somers Point Rd was built in 1940.
How does 1516 Somers Point Rd compare to others on Somers Point Rd?
We track 8 other properties on Somers Point Rd. Browse the list under "Other properties on Somers Point Rd" to compare beds, baths, and sale history.
What are the property facts for 1516 Somers Point Rd?
1516 Somers Point Rd is a 4 bed, 3 bath, 2,594 sqft single_family.
Is 1516 Somers Point Rd a flip candidate?
No — 1516 Somers Point Rd does not appear in our flips dataset.
Is 1516 Somers Point Rd a tax-appeal candidate?
No — 1516 Somers Point Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.3%
Implied 1-yr
+17.0%
2026 Q3
$458K
2026 Q4
$473.3K
ZIP 08234 — Median Price History + Forecast
Explore nearby
Other properties on Somers Point Rd