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$700,000   Price Analysis
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123 E Cedar Ave
Somers Point, NJ 08244
5 bed 4 bath 4,431 SqFt ($157/SqFt)
0.23 acre lot.
Listed 2024-05-18, Taxes $14,053
Ⓧ USDA Ineligible
due to location

near Egg Harbor

Panoramic water views over Somers Point back bays from this massive unique custom built home on a huge lot.

Very big layout with tons of space including an unfinished 1700 sq foot basement. Property needs full Renovation but the possibilities are endless! Subject to a short sale approval but attorney is in place ready for an offer. Easy to schedule a showing text listing agent. Includes view of the sunrise and skylines over OC Margate and AC.

Natural Gas hating, central air, alarm system, outdoor shed with shower and concrete pad, 7 bedroom potential, footings for garage with stud io apartment, garage with rear alley access, wrap around porch, whole house vacuum and audio sound system, ethernet connections, towel warmers, no flooding and 100 lineal ft of custom stamped concrete sidewalks. Bring all offers!


Presented by Charles Costello at
Erealty Advisors, Inc.
Listing Agent Photo

Property MLS #585329 from AtlanticCity

Bedrooms: 5

Total Rooms: 12
Basement Features: 6 Ft. or More Head Room, Full, Inside Entrance, Unfinished

Total Bathrooms: 2 / 2
Full Bathrooms: 2
1/2 Bathrooms: 2

Kitchen Center Island
Storage
Walk In Closet
Furnished: Yes
Interior Amenities: Den/TV Room, Dining Room, In-Law Quarters, Laundry/Utility Room, Loft, Pantry, Storage Attic
Flooring: Hardwood

Dishwasher
Disposal
Dryer
Gas Stove
Refrigerator
Washer

Cooling Features: Central
Fireplace Features: Gas Log
Heating Features: Gas-Natural
Water Heaters: Gas

Deck
Fenced Yard
Outside Needs Work
Patio
Paved Road
Porch
Sidewalks
Road Frontage Type: Ave

Lot Description: Less than One Acre
Lot Size Acres: 0.2295684
Lot Size Dimensions: 100x100
Lot Size Square Feet: 10000

Annual Tax Amount: 14054
Source Listing Status: Active
County: Atlantic
Directions: Off bayfront on Bay ave on linwood side of maryland, near carolines and mexiquila
Tax Year: 2023
Source Property Type: RESIDENTIAL
Inclusions: Partially Furnished
Area: Somers Point City
Source Neighborhood: Somers Point City
Property Location: Bay Front, Water View
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$325,000 + $80,000
$405,000
$14,053
2022$325,000 + $80,000
$405,000
$13,531
2021$325,000 + $80,000
$405,000
$13,328
2020$441,400 + $80,000
$521,400
$16,809
2019$441,400 + $80,000
$521,400
$16,335
2018$441,400 + $80,000
$521,400
$15,991
2017$441,400 + $80,000
$521,400
$15,417
2016$441,400 + $80,000
$521,400
$14,719
2015$441,400 + $80,000
$521,400
$14,567
2014$441,400 + $80,000
$521,400
$14,077
2013$203,200 + $43,200
$246,400
$11,457
2012$203,200 + $43,200
$246,400
$10,577
2011$203,200 + $43,200
$246,400
$10,632
2009$287,600 + $43,200
$330,800
$13,265
2008$287,600 + $43,200
$330,800
$12,921
2007$287,600 + $43,200
$330,800
$12,706

Listed 2024-05-18
$700,000
AtlanticCity
Listing removed 2024-05-14
$0
BrightMLS
Listed 2024-02-15
$1,800,000
BrightMLS
Listing removed 2023-11-21
$0
BrightMLS
Listing removed 2023-11-20
$619,900
AtlanticCity
Listed 2023-03-06
$619,900
BrightMLS
Listed 2023-03-04
$619,900
AtlanticCity
Listing removed 2021-06-06
$369,900
AtlanticCity
Listing removed 2020-08-30
$0
BrightMLS
Listed 2020-03-16
$399,900
BrightMLS
Sold 1992-07-02
$85,000
Public Record

Total Square Feet Living: 4431
Building Exterior Type: Vinyl
Levels or Stories: 3 Story
House Style: 3 Story
Year Built Details: 11 to 15 Years

Sewer: Public Sewer
Water Source: Public

Mainland Reg High School is a public high school located approximately 1.8 miles away.
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Dawes Ave Elementary School is a public elementary school located approximately 0.3 miles away.
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St. Joseph Regional School is a private elementary and middle school located approximately 0.4 miles away.
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Jordan Rd Elementary School is a public elementary and middle school located approximately 1.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.