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77 Great Bay Dr, Somers Point, NJ 08244 — $379,000 · 2bd · ~0.8% rule | OnePercent

77 Great Bay Dr, Somers Point, NJ 08244

$379,000

Home·Somers Point 08244·77 Great Bay Dr, Somers Point, NJ 08244

Last confirmed 3 days ago

77 Great Bay Dr, Somers Point, NJ 08244

2 bd · 2.5 ba · built 1977 · Somers Point · TOWNHOMES·source listing ↗

$379,000

rent, three ways

OnePercent model (vv1)$2,985/mo

p10–p90 confidence band

HUD Fair Market Rent · 08244 · 2BR

$1,760/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Atlantic

Flood risk indexRelatively Low FEMA NRI

Median household income$70,255

Median area rent$1,345/mo

Median home value$310,400

the verdict

0.79%vs 0.9% target

financing: 20% down · — (FRED, live) · 30yr

$379,000

0.79% · rent $2,985

Intrinsic value · income approach

$494,687

23% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.