514 New Rd Somers Point, NJ 08244

Built 1972 · CommercialNew owner since Feb 26, 2026Recent mortgage Mar 30, 20261 owner signal on a paid plan
Assessed
$802,000
Last sale
$995,000Feb 26, 2026
Built
1972
Size
7,200 sq ft
Status
No open cases

Property information

Block
1222
Lot
8
Qualifier
—
County
Atlantic
Municipality
Somers Point City
Tax map page
16
Land description
120X200

Building details

Building class
—
Description
1SM
Dwellings
1
Zoning
HC-1
Square feet
7,200
Acreage
0.55 ac

Assessment

Land value
$396,000
49%
Improvement value
$406,000
51%
Total assessment
$802,000
Sale assessment
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Tax (2024)
$28,680

Records

Recent mortgage
Mar 30, 2026

Owner mailing

Street address

Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

5 events · 1972–2026

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  • Mortgage recorded

    Instrument2026013254CountyAtlantic
  • Deed recorded

    +121% vs 1993
    $995,000
    Per sq ft$138Held32.7 yrsSq ft7,200RecordedMar 30, 2026
  • Notice of settlement recorded

    Instrument2023024731CountyAtlantic
  • 30 years
  • Deed recorded

    $450,000
    Per sq ft$63Sq ft7,200
  • 21 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$28,680+3.1%$396,000$406,000$802,000
2023$27,829+5.4%$396,000$406,000$802,000
2022$26,394+2.1%$396,000$406,000$802,000
2021$25,856+2.9%$396,000$406,000$802,000
2020$25,127+2.2%$396,000$406,000$802,000
2019$24,597+3.7%$396,000$406,000$802,000
2018$23,715+4.7%$396,000$406,000$802,000
2017$22,640+1.0%$396,000$406,000$802,000
2016$22,408+3.5%$396,000$406,000$802,000
2015$21,654+3.5%$396,000$406,000$802,000
2014$20,925+8.3%$396,000$406,000$802,000
2013$19,319-0.5%$158,000$292,000$450,000
2012$19,418+3.9%$158,000$292,000$450,000
2011$18,698+3.6%$158,000$292,000$450,000
2010$18,045+2.7%$158,000$292,000$450,000
2009$17,577+1.7%$158,000$292,000$450,000
2008$17,285+4.2%$158,000$292,000$450,000
2007$16,587+9.8%$158,000$292,000$450,000
2006$15,111+6.7%$158,000$292,000$450,000
2005$14,162+0.3%$158,000$292,000$450,000
2004$14,126+3.5%$158,000$292,000$450,000
2003$13,644+1.1%$158,000$292,000$450,000
2002$13,496+3.9%$158,000$292,000$450,000
2001$12,992+3.4%$158,000$292,000$450,000
2000$12,564-0.9%$158,000$292,000$450,000
1999$12,681-2.8%$158,000$292,000$450,000
1998$13,043+6.6%$158,000$292,000$450,000
1997$12,238+3.6%$180,000$182,600$362,600
1996$11,817+1.2%$180,000$182,600$362,600
1995$11,679+5.6%$180,000$182,600$362,600
1994$11,056+10.0%$180,000$182,600$362,600
1993$10,048+1.7%$180,000$182,600$362,600
1992$9,877-2.2%$180,000$182,600$362,600
1991$10,098+15.0%$180,000$182,600$362,600
1990$8,779+17.4%$180,000$182,600$362,600
1989$7,477—$180,000$182,600$362,600