Atlantic County and Somers Point City property record for 40 Chapman Blvd, Somers Point, NJ 08244
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | built 1970 |
| Lot Size | 16.3 acres (711,335 sqft) |
| Owner | Company Name on File |
| Last Sale | $12,000,000 (Oct 1999) |
| Tax Bill | $750,355 (2025) |
| Deeds & Mortgages | Mar 2022 Construction Loan Oct 2019 Line of Credit |
| APN | 21-00724-0000-00001 |
| Primary APN | 21-00724-0000-00001 |
|---|
| Units | 2 Units |
|---|
| Year Built | Built 1970 |
|---|---|
| Effective Year Built | Effective 1970 |
| Lot Area | 711,335 sqft |
| Street Address | 40 CHAPMAN BLVD |
|---|---|
| City | SOMERS POINT |
| State | NJ |
| Zip | 08244-1669 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Local Zoning Code | R-MF |
| Legal Description | 2,2.1,3,4,4.1,5,5.1,6,6.1 |
| Legal Subdivision | SEA AIRE APTS |
| Legal Block | 724 |
| Legal Lot Number | 1 |
| Jurisdiction | ATLANTIC NJ |
| Township / Civil Division | SOMERS POINT |
| Census Block Group | 3 |
| Census Block | 3014 |
| Census Tract | 12701 |
40 Chapman Blvd, a residential property, is owned by a company that bought it in October 1999.
Source: Atlantic County and Somers Point City records, as of July 9, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 40 CLEMENTON RD E, 1, GIBBSBORO, NJ 08026-1104 |
| Owner Type | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Mar 15, 2022 | Deed of Trust, Mortgage · Construction Mortgage BERKADIA COMMERCIAL MORTGAGE LLC |
| Oct 18, 2019 | Grant Deed, Mortgage · Line of Credit BERKADIA COM'L MTG |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 26, 1999 · Amount on File |
| Deed Sale | Oct 26, 1999 · Amount on File |
| Deed Document Number | 199951266 |
| Deed Book / Page | 6573 / 289 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | ATLANTIC NJ |
| Property Address | 40 CHAPMAN BLVD, SOMERS POINT, NJ 08244-1669 |
| Transaction Type | Mortgage |
| Record Updated | Aug 17, 2022 |
| Title Company | SURREY TITLE COMPANY, SURETY TITLE COMPANY |
| Name | Verified Name |
|---|---|
| Address | 40 CLEMENTON RD E 1, 1, GIBBSBORO, NJ 08026-1104 |
| Document Number | 0000011131 |
|---|---|
| Date | Mar 15, 2022 |
| Instrument | 2022011131 |
| Name | BERKADIA COMMERCIAL MORTGAGE LLC |
|---|---|
| Type | Mortgage Company |
| Address | AMBLER, PA 19002 |
| Type | Construction Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 121 Months |
| Due | Apr 1, 2032 |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | ATLANTIC NJ |
| Recording Date | Oct 18, 2019 |
| Property Address | 40 CHAPMAN BLVD, SOMERS POINT, NJ 08244-1669 |
| Instrument Date | Sep 20, 2019 |
| Instrument | 52083 |
| Transaction Type | Mortgage |
| Record Updated | Nov 14, 2019 |
| Title Company | SURETY TITLE CORPORATION, SURETY TITLE CORP |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 40 CLEMENTON RD E #1 GIBBSBORO NJ 080261104, 1, GIBBSBORO, NJ 08026-1104 |
| Document Number | 0000052083 |
|---|---|
| Date | Oct 18, 2019 |
| Instrument | 52083 |
| Name | BERKADIA COM'L MTG |
|---|---|
| Type | Mortgage Company |
| Address | 323 NORRISTOWN RD # 300, AMBLER, PA 19002-2758 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 36 Months |
| Due | Oct 17, 2022 |
| Rate Type | Adjustable Rate |
|---|
The 2025 property tax bill for 40 Chapman Blvd was $750,355, up 4.1% from the year before.
Source: Atlantic County and Somers Point City assessment roll, as of July 9, 2026
| Type | Name |
|---|---|
| State | New Jersey |
| County | Atlantic County |
| Municipality | Somers Point City |
| Secondary School District | Mainland Regional School District (09 - 12) |
| Elementary School District | Somers Point City School District (KG - 08) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $20,160,000 (-) Land $5,040,000 Building $15,120,000 | $20,160,000 (-) Land $5,040,000 Building $15,120,000 | |
| 2025 | $750,355.00 (+4.08%) | $20,160,000 Land $5,040,000 Building $15,120,000 | $20,160,000 Land $5,040,000 Building $15,120,000 |
| 2024 | $720,922.00 | ||
| 2023 | $20,160,000 Land $5,040,000 Building $15,120,000 | $20,160,000 Land $5,040,000 Building $15,120,000 | |
| 2022 | $553,046.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA's flood maps do not cover 40 Chapman Blvd; there have been 42 flood claims nearby since 1997.
Source: FEMA National Flood Hazard Layer, effective August 27, 2018 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Not included in the FIRM |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 78 policies |
| Community Rating System | Class 6 (20% premium discount) |
| Nearby Flood Policies | 78 in force |
| Nearby Flood Claims | 42 (1997–2023) |
| Most Recent Claim | Sep 2023 · rainfall accumulation |
| Claims by Event |
|
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 40 Chapman Blvd is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 94% of New Jersey |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | NJ AMERICAN WATER - ATLANTIC COUNTY private · serves 120,146 people · EPA ID NJ0119002 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Jun 2024 |
| Lead | 1 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 439 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
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