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200 Somerset Ln, Ocean City, NJ, 08226

$2,099,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
House
Schools Nearby

Location

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200 Somerset Ln, Ocean City$2,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingTwo Car
Garage2 spaces
HeatingNatural Gas, Zoned
CoolingCeiling Fan(s), Central Air
WaterfrontWaterfront
FireplaceFamily Room, Living Room
ViewWater
MLS #583142
StatusActive

About 200 Somerset Ln

Don't miss out on this one-of-a-kind custom designed home with unparalleled views of the intracoastal waterway. With decks on every level you will never miss out on the spectacular panoramic wetlands and meadows from sunrise to sunset. This unique home features four bedrooms and five bathrooms, a multi stop ELEVATOR, two zone heating and air conditioning, plenty of storage, fully enclosed outside shower, hardwood floors, a two car garage, two fireplaces and more! No need to go into the office again when you can work from home in the magnificent home office with built in bookcases, bar area, powder room and bonus entertaining area - all while looking out the windows at the breathtaking views. The elevated main living area features a spacious living room, full sized dining area and gourmet kitchen with granite countertops, lots of cabinets & a pantry. The top floor master suite also has an oversized master bathroom with a jacuzzi tub, large shower and a private outside porch perfect for relaxing after a day at the beach.

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Story
  • Stories: 3

Listing Office:

  • Office Name: Keller Williams Realty Jersey Shore-Ocean City
  • Office Phone: (609) 399-5454

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Washer
  • Flooring Type: Hardwood, W/W Carpet
  • Interior: Elevator
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Two Car

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Ocean City High School, Public District Grades 9-12
  • Ocean City Intermediate School, Public District Grades 4-8

Other

Directions Information:

  • Directions: Take Roosevelt Blvd, turn onto Westminster Ln to end. Turn left onto Somerset Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,099,000

Tax Information:

  • Annual Amount: $7,162
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

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Ocean City, NJ

City

Med. Sold Price

$979K

Med. Price/SqFt

$688

Avg. Days On Market

66

# of Sold Homes

49

200 Somerset Ln vs Ocean City

51 DAYS ON ROCKET

-15 Days

$2,099,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #583142

Listing Office:

  • Office Name: Keller Williams Realty Jersey Shore-Ocean City
  • Office Phone: (609) 399-5454

Broker Reciprocity 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. © 2024 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: 5/5/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 27, 2007Home Sold
$409,900
Nov 19, 2005Home Sold
$610,000
Sep 27, 1988Home Sold
$121,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,162$960,000
2019$9,196$960,000
2018$9,197$960,000
2017$9,053$960,000

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,359

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6330399
4
/10

  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 2.11 miles

  • Public District Grades 4-8

High School

school-card-donut-6330400
7
/10

  • Ocean City High School

  • 501 Atlantic Ave

  • 3.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,141. The majority of Ocean City, NJ residents have income between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 200 Somerset Ln

What is the listing price of this property?

The listing price of 200 Somerset Ln property is $2,099,000.

What type of property is this?

The property 200 Somerset Ln is a house located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 200 Somerset Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 200 Somerset Ln are:
Ocean City Intermediate School: GreatSchools Rating 4/10
Ocean City High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,162 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 27, 2007 for $409,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 200 Somerset Ln has 4 bedrooms and 3 full and 2 half bathrooms.

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›200 Somerset Ln

This home is located at 200 Somerset Ln in Ocean City, NJ and zip code 08226. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $2,099,000.

While more than 5 listings in Ocean City, NJ in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 28 were sold below. Between March 2024 and April 2024, Ocean City, NJ real estate market has seen increase in the number of listings by 4.3%. In April 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $979,000.

From Rocket Homes Real Estate and based on county public records data.

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