5 Somerset Ln
Ocean City, NJ 08226
- -Bed
- -Bath
- 898ft²Living Area
- 7,200ft²Lot Size
- -Pool
- -Car
- 1954Year Built
- -DOM
- -Permit
Property Valuations
Latest estimates for 5 Somerset Ln based on TopHap automated valuation model (AVM).
TopHap Estimate
$2,378,000
$2,648/ft²
+$2M above Sold Price
Updated 5 months ago
Last Sold Price
$360,000
$401/ft²
3 years ago
5 Somerset Ln is valued at $2,378,000 by TopHap AVM 5 months ago.
5 Somerset Ln was last sold in 2020 for $360,000.
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$2,556.72From latest Total Assessed Value0.25%Total Assessed Value$1,011,000=Land+
Assessed Value$254,400Additions
Assessed Value$756,600
In 2021, taxes billed for 5 Somerset Ln were $2,556.72, which is 0.25% from latest Total Assessed Value of $1,011,000.
Property History
5 Somerset Ln has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Environment
Environmental factors around 5 Somerset Ln
Hazard Risks
Hurricane171Carb Mono155Ozone118Air Pollution117Weather105Nat'l Avg100Particulates96Lead92Wind87Hail39Tornado39Earthquake38
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5 Somerset Ln.
Walkability Index
10 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5 Somerset Ln has a walkability score of 10 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
28°F
High
43°F
Summer
Average
Low
65°F
High
81°F
In the winter at 5 Somerset Ln, temperatures range from 27.8°F to 43.4°F with an average of 35.6°F. In the summer, the temperature ranges from 64.87°F to 81.12°F with and average of 73°F.
School Information
Public/private schools serving 5 Somerset Ln
Public Schools
Nearby public schools serving 5 Somerset Ln have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Ocean City, Ocean City, NJ 08226.
Seasonal Housing units 08226
89%of housing is for seasonal rent.
Daytime Population for 08226
+5%of people during work hours.
Boundary map of Ocean City.
Crime Index for 08226
131
The crime index in 08226 is 131, which is 1.3 times higher than national average.
Market Trends
Historical market data near 5 Somerset Ln over selected time period.
Nearby Properties on Somerset Ln
- 4 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 2,532 square foot and 0.12 acre property. It was built in 2010 and has an estimate of $1,650,223 with a price per ft² of $652.
- 200 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 3,296 square foot and 0.13 acre property. It was built in 2008 and has an estimate of $1,974,514 with a price per ft² of $599.
- 202 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 3,082 square foot and 0.15 acre property. It was built in 2004 and has an estimate of $1,894,354 with a price per ft² of $615.
- 104 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 2,360 square foot and 0.13 acre property. It was built in 2005 and has an estimate of $1,432,541 with a price per ft² of $607.
- 106 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 2,833 square foot and 0.13 acre property. It was built in 2007 and has an estimate of $1,711,513 with a price per ft² of $604.
- 2 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 2,887 square foot and 0.16 acre property. It was built in 2006 and has an estimate of $1,973,167 with a price per ft² of $683.
- 102 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 2,947 square foot and 0.12 acre property. It was built in 1988 and has an estimate of $1,387,545 with a price per ft² of $471.
- 6 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 3,084 square foot and 0.17 acre property. It was built in 2005 and has an estimate of $1,875,686 with a price per ft² of $608.
- 204 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 2,534 square foot and 0.18 acre property. It was built in 2004 and has an estimate of $1,709,102 with a price per ft² of $674.
- 205 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 1,483 square foot and 0.19 acre property. It was built in 1953 and has an estimate of $871,325 with a price per ft² of $588.
- 206 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 1,483 square foot and 0.24 acre property. It was built in 1952 and has an estimate of $1,059,601 with a price per ft² of $714.
- 3 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 2,887 square foot and 0.11 acre property. It was built in 1954 and has an estimate of $1,682,577 with a price per ft² of $583.
- 5 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 898 square foot and 0.17 acre property. It was built in 1954 and has an estimate of $422,748 with a price per ft² of $471.
- 101 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 2,909 square foot and 0.21 acre property. It was built in 2002 and has an estimate of $1,590,942 with a price per ft² of $547.
- 203 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 898 square foot and 0.1 acre property. It was built in 1953 and has an estimate of $729,958 with a price per ft² of $813.
- 100 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 898 square foot and 0.18 acre property. It was built in 1954 and has an estimate of $867,322 with a price per ft² of $966.
- 1 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 1.3 acre property.
- 103 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 1,488 square foot and 0.21 acre property. It was built in 1953 and has an estimate of $742,465 with a price per ft² of $499.
- 201 Somerset Ln, Ocean City, NJ 08226 (Merion Park) is a 3,764 square foot and 0.19 acre property. It was built in 2007 and has an estimate of $1,873,114 with a price per ft² of $498.