518 West New York Avenue

Local assessors in Somers Point, NJ have categorized 518 West New York Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 5,001 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 518 West New York Avenue has a total of 975 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Jul 26, 1994 for $65,000. That's $66.67 per sqft. Prior to that sales transaction, the property was also sold in Jul 19, 1990 for $35,000. 518 West New York Avenue was last assessed in 2023. The total value of the property was assessed at $140,000. Specifically, the land the property is located on was valued at $55,000. While improvements on the property were assessed at a total of $85,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,427. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.