By Jeff Quintin | The Quintin Group at eXp Realty
Research date: November 13, 2026. Active snapshot: this date. Closed-record window: trailing 12 months, unless separately labeled.
Building guide and limited market snapshot. Verified final sale prices and complete building-wide statistics are not yet available for this guide. Missing figures are not evidence of no sales.
Greate Bay Condominiums in Somers Point, New Jersey: compare the property's layout, location, ownership costs and permitted use before choosing a price or making an offer. The broad Greate Bay field includes Bayview Drive and Christina Lane addresses as well as Greate Bay Drive. Separate Villas from other nearby associations and new construction before computing prices or inventory.
What is on the market?
| Property | Asking price | Bedrooms / baths | MLS |
|---|---|---|---|
| 18 Greate Bay Unit #18, Somers Point | $529,900 | 2 / 3 | 609223 |
| 16 Greate Bay Dr Unit #16, Somers Point | $449,900 | 2 / 3 | 606639 |
The asking prices above are offers to the market, not appraised values or completed sale prices. Inventory and status can change after this snapshot.
Recent sales: what is verified?
A complete, reconciled table of final closing prices and dates is not yet available here. Asking prices and sold-status search results cannot establish what buyers actually paid. Until unit identities, closing dates and final prices are confirmed, no building-wide median, appreciation rate or sale-to-list ratio is stated.
The building and the purchase decision
Greate Bay Villas' official site identifies an 84-unit condominium community. Building or property source.
The broad Greate Bay field includes Bayview Drive and Christina Lane addresses as well as Greate Bay Drive. Separate Villas from other nearby associations and new construction before computing prices or inventory.
What kind of purchase does this fit?
A mainland townhome buyer seeking Somers Point access and the Greate Bay setting; nearby golf or fitness facilities do not automatically mean membership is included.
This describes potential purchase goals inferred from the property and its operation. It is not a demographic study of actual buyers. The available data do not establish buyers' ages, household composition, income, hometowns, cash purchases or intended use.
How we would position a seller
Start with comparable units in the same association and the same layout category. Document the view, usable space, renovation scope and ownership costs that support your price. Then compare your property with the units a buyer can actually tour. A reliable price recommendation requires verified final closing records and current ownership documents.
What a buyer should verify
Request the current budget, reserve information, assessment notices, insurance coverage and deductible allocation, maintenance responsibilities, and any relevant inspection or capital-project reports. Confirm parking and storage rights, rental and owner-occupancy rules, pet policies and lender eligibility for the particular unit. For an income purchase, review actual net statements after management, cleaning, utilities, taxes, insurance and association costs; gross rental revenue is not profit.
Questions buyers and sellers ask
Does the building average tell me what my unit is worth?
No. A meaningful value range depends on matching layout, view, floor, condition and legal rights to verified closed transactions and today's competition.
Can I assume rental income will cover the costs?
No. Confirm that the intended rental use is permitted, obtain the current program terms where applicable, and build an expense-based cash-flow analysis for the specific unit.
How current is this report?
Listings were checked November 13, 2026. Closed records use a broader window because a single building can have very few transactions. Contact us to refresh the exact unit comparison before an offer or listing decision.
Get a comparison for your specific unit
Tell The Quintin Group your building, unit number, layout and improvements. We will help compare the relevant closed sales and current competition.
Data notes and limits
The live Real Geeks MLS search supplies asking prices, statuses and selected property fields. Its sold-search price fields are list prices, so they have not been represented as final closing prices. Duplicate MLS feeds, unit aliases and inconsistent building labels can affect completeness. No verified building-wide DOM, sale-to-list ratio, appreciation rate or months-of-supply calculation is claimed here. Monthly carrying costs and current association policies require unit-specific confirmation. This guide publishes the supported building information and dated asking-price snapshot; a comprehensive closing-price analysis remains unavailable.