Seller's Agent in 2022
Tara Morda
Century 21 Town & Country Realty - Mickleton
(302) 229-5212
1 in this area
27 Total Sales
232 Cove Rd Newport, NJ 08345
Estimated Value: $379,146 - $418,000
3
Beds
2
Baths
1,264
Sq Ft
$311/Sq Ft
Est. Value
Highlights
- 1,000 Feet of Waterfront
- Bay View
- Upgraded Countertops
- Primary bedroom faces the bay
- Open Floorplan
- Screened Porch
About This Home
As of August 2022Amazing Opportunity to own WATERFRONT property for fraction of the cost of a home at the Jersey Shore! Welcome to GANDY'S BEACH, one of South Jersey's best kept secrets. This 3BR, 2 full bath property can be that getaway you need with breathtaking views of the Delaware Bay. Surround yourself in serenity from sun up to sundown, and if you like waterviews, it's a dream come true. This home has recently been fully updated with new water resistant laminate plank flooring throughout (easy maintenance) and decorated in all neutral tones so you can easily make it your own. Downstairs you will find a fully equipped kitchen with a breakfast bar (Corian Countertops) and open concept living and dining areas. Upstairs three nice sized bedrooms offer space to accommodate guests and the large MASTER SUITE offers panoramic views of the water! Easily entertain in this home, where the HUGE Trex deck overlooking the bay is the perfect spot for your summer parties or sunbathing. The screened porch offers additional living space. Make this your game room, it's a great spot for the kids to hang out. Before it's too late, make this hideaway your own! Big ticket items are taken care of too, brand new Central Air and Heat Pump, new Septic System, newer roof , gutters, deck railings and retractable beach side deck steps! The owners are generously including the existing furniture AND contents so you can start enjoying this vacation property right away. Just pack your toothbrush, there is nothing for you to do but relax and enjoy, this is a no-brainer!
Last Agent to Sell the Property
Century 21 Town & Country Realty - Mickleton License #0572748 Listed on: 06/13/2022
Last Buyer's Agent
Century 21 Town & Country Realty - Mickleton License #0572748 Listed on: 06/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,874
Year Built
- Built in 1993 | Remodeled in 2013
Lot Details
- 3,200 Sq Ft Lot
- Lot Dimensions are 40.00 x 80.00
- 1,000 Feet of Waterfront
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Property is in good condition
- Property is zoned R2
HOA Fees
- $8 Monthly HOA Fees
Parking
- Driveway
Home Design
- Shake Siding
- Piling Construction
Interior Spaces
- 1,264 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Bar
- Ceiling Fan
- Living Room
- Dining Room
- Screened Porch
- Bay Views
Kitchen
- Breakfast Area or Nook
- Kitchen Island
- Upgraded Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom faces the bay
- En-Suite Primary Bedroom
- Walk-In Closet
Outdoor Features
- Water Access
- Property near a bay
- Shed
- Outbuilding
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Well
- Electric Water Heater
- Private Sewer
- Cable TV Available
Community Details
- Association fees include water
- Cove Well Association
- None Available Subdivision
Listing and Financial Details
- Tax Lot 00017
- Assessor Parcel Number 04-00001-00017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2022
Closed on
Jul 19, 2022
Sold by
John S Ingemi Irrevocable Trust
Bought by
Cumberland County Board Of Health
Seller's Agent
Tara Morda
Century 21 Town & Country Realty - Mickleton
Buyer's Agent
Tara Morda
Century 21 Town & Country Realty - Mickleton
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,787
Avg. Annual Appreciation
7.55%
Original Mortgage
$220,500
Interest Rate
5.51%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 30, 1999
Sold by
Ingemi Barbara J
Bought by
Basil J Ingemi Trustee
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cumberland County Board Of Health | -- | Foundation Title | |
| Waters Edge Escapes Llc | $315,000 | None Listed On Document | |
| Basil J Ingemi Trustee | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Waters Edge Escapes Llc | $255,000 | |
| Closed | Waters Edge Escapes Llc | $220,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2022 08/03/22 | Sold | $315,000 | -9.7% | $249 / Sq Ft |
| 06/29/2022 06/29/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | For Sale | $349,000 | -- | $276 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,942 | $240,700 | $190,000 | $50,700 |
| 2024 | $6,942 | $240,700 | $190,000 | $50,700 |
| 2023 | $6,330 | $240,700 | $190,000 | $50,700 |
| 2022 | $6,172 | $240,700 | $190,000 | $50,700 |
| 2021 | $5,875 | $240,700 | $190,000 | $50,700 |
| 2020 | $5,789 | $240,700 | $190,000 | $50,700 |
| 2019 | $5,693 | $240,700 | $190,000 | $50,700 |
| 2018 | $5,767 | $240,700 | $190,000 | $50,700 |
| 2017 | $5,539 | $240,700 | $190,000 | $50,700 |
| 2016 | $5,534 | $240,700 | $190,000 | $50,700 |
| 2015 | $5,190 | $240,700 | $190,000 | $50,700 |
| 2014 | $4,807 | $240,700 | $190,000 | $50,700 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Bright MLS
MLS Number: NJCB2007356
APN: 04-00001-0000-00017
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