NOT LISTED FOR SALE

222 Cove Rd Newport, NJ 08345

Estimated Value: $299,000 - $488,053

2 Beds
1.5 Baths
864 Sq Ft
$472/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $268,622 $311 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,662/month

32 Days on Market

Highlights

  • Home fronts navigable water
  • Bay View
  • Deck
  • Access to Tidal Water
  • Open Floorplan
  • No HOA

About This Home

As of June 2021

A Waterfront Charmer! This endearing home has been totally remodeled. The refreshing bright floor plan features windows and sliders across the entire living room with spectacular water views. The sliding glass doors open to a 15 x 30 deck to enjoy your day in so many ways, and perfect for entertaining and more!. Have fun kayaking, fishing, swimming, walking or just grab your lounging chairs from your storage shed and relax on the beach! Back inside the home you can enjoy your open floor plan with combination kitchen, dining and living area with ceiling fans, Pellet stove, 1 ½ baths, and two bedrooms! When you return from all your activities the large entryway has lots of space to store your flip flops, walking shoes, games, books, kids’ toys, and more or you can design it as your cozy sunroom/study with window seating! ---whatever fits your needs. New siding, new windows, new roof, new floors, and more ---Too much to mention so please request a list of all the upgrades. This home has been updated and designed with pride of ownership!

Last Agent to Sell the Property

THERESA SIMONINI

(609) 364-2810 theresann@comcast.net Coldwell Banker Excel Realty Listed on: 03/24/2021

Coldwell Banker Excel Realty

Last Buyer's Agent

Kelly Ethier-Winner

(609) 760-0583 dqextra@gmail.com Better Homes and Gardens Real Estate Maturo License #2185233

Better Homes and Gardens Real Estate Maturo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 1955

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 40.00 x 80.00
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Fireplace Mantel
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Deck
  • Shed

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Shared Well
  • Electric Water Heater
  • Sewer Holding Tank

Community Details

  • No Home Owners Association
  • Association fees include water
  • Gandy"S Beach Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 04-00001-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,788

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Open, Upgraded Countertops
  • Fireplace Features: Mantel(s), Other
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 332.18
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Holding Tank
  • Water Source: Well-Shared

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 65500.00
  • Land Assessed Value: 150000.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 40.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3200.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3111159
  • Tax Annual Amount: 4788.00
  • Assessor Parcel Number: 04-00001-00012
  • Tax Lot: 00012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: DOWNE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 24, 2021
Sold by
Mcgovern Paul C and Sullivan Elizabeth
Bought by
Sammis Lauren C
Seller's Agent
THERESA SIMONINI
Coldwell Banker Excel Realty
Buyer's Agent
Kelly Ethier-Winner
Better Homes and Gardens Real Estate Maturo
List Price
$315,000
Sold Price
$268,622
Premium/Discount to List
-$46,378
-14.72%
Current Estimated Value
$407,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,891
Avg. Annual Appreciation
9.77%
Original Mortgage
$147,000
Outstanding Balance
$133,090
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,423

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bertram Bonnie A
Bought by
Lieb Thomas and Lieb Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,600
Interest Rate
5.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sammis Lauren C $268,622 None Available
Lieb Thomas $349,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sammis Lauren C $147,000
Previous Owner Lieb Thomas $279,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $268,622 -6.4% $311 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/16/2021 04/16/21 Price Changed $287,000 -0.7% $332 / Sq Ft
04/09/2021 04/09/21 Price Changed $289,000 -3.3% $334 / Sq Ft
04/03/2021 04/03/21 Price Changed $299,000 -5.1% $346 / Sq Ft
03/24/2021 03/24/21 For Sale $315,000 +173.9% $365 / Sq Ft
05/25/2018 05/25/18 Sold $115,000 -25.8% $133 / Sq Ft View Prior Sale
04/14/2018 04/14/18 For Sale $155,000 -- $179 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,215 $215,500 $150,000 $65,500
2024 $6,215 $215,500 $150,000 $65,500
2023 $5,668 $215,500 $150,000 $65,500
2022 $5,525 $215,500 $150,000 $65,500
2021 $5,260 $215,500 $150,000 $65,500
2020 $5,183 $215,500 $150,000 $65,500
2019 $5,097 $215,500 $150,000 $65,500
2018 $5,163 $215,500 $150,000 $65,500
2017 $6,109 $265,500 $200,000 $65,500
2016 $6,104 $265,500 $200,000 $65,500
2015 $5,724 $265,500 $200,000 $65,500
2014 $5,302 $265,500 $200,000 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB131940

Bright MLS

APN: 04-00001-0000-00012