$5,878 Closing Credit¹
#586743, Listing Office: MONIHAN REALTY
$5,641
closing credit¹
124 E Groveland Ave Somers Point, NJ 08244
$475,000 List price
$5,641
Closing credit¹
Multi-Family
Property details
About 124 E Groveland Ave
PRICE SLASHED!!! DUPLEX WITH BAY VIEWS IN SOMERS POINT. Excellent Rental History! Live in one unit and rent out the other! Great opportunity for an Airbnb as well. First floor unit is a spacious three bedroom 1 bathroom that has a ton of natural light. Rent potential of $2500. The second floor unit is a 1 bedroom 1 bathroom unit with a long term tenant. Walking distance to Mexiquilia, Wawa, Dairy Queen and right over the bridge to Longport and Ocean City!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
ParkingTwo Car
MLS #590015
WaterfrontWater View
ViewWater
Summary
- MLS Number: 590015
- Office Name: BHHS FOX and ROACH-Margate
- Office Phone: (609) 822-4200
- Office Email: diane.kolodin@foxroach.com
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2025 SJSR MLS. All rights reserved.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$475,000
124 E Groveland Ave
$5,641
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 27, 2000 | Home Sold | $110,000 |
| Dec 05, 1988 | Home Sold | $113,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $242,700 | $8,421 |
| 2022 | $242,700 | $7,987 |
| 2021 | $242,700 | $7,824 |
| 2020 | $242,700 | $7,824 |
| 2019 | $242,700 | $7,603 |
History based on county public records data.
Nearby schools
2
Dawes Avenue Elementary School
Public District KG-3
0.4 mi
•22 W Dawes Ave
6
Seaview Elementary School
Public District PK-4
1.1 mi
•2013 Wabash Ave
5
Ocean City Primary School
Public District PK-3
2.6 mi
•550 West Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $110,714. The most common annual income of people living in Somers Point, NJ is between $100k-200k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
19%
<35k
22%
35k-100k
54%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
62%
Single, No Kids
9%
Single, with Kids
23%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
16%
18-34 yrs old
49%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Horse Races
PGA/LPGA
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
LongHorn Steakhouse
Bonefish Grill
What do the neighbors drive?
Mazda
Buick
Lincoln
What do the neighbors listen to?
Rock
Contemporary Inspirational
Classical
All data provided by Home Junction and Claritas
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This home is located at 124 E Groveland Ave in Somers Point, NJ and zip code 08244. Features: 0 bathroom. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $475,000.
In January 2025 more than 4 listings in Somers Point, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below. The number of homes for sale in Somers Point, NJ increased by 15.4% between December and January 2025. In January 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $418,500.
From Rocket Homes Real Estate and based on county public records data.