$290,000
SOLD JUN 23, 2025

256 Cove Rd Newport, NJ 08345

2 Beds
1 Bath
864 Sq Ft
3,223 Sq Ft Lot

Recently Sold

$336 Per Sq Ft

8% Below List Price

53 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Forced Air Heating System
  • Vinyl Flooring
  • Bungalow

About This Home

As of June 2025

Bonus Bonus Bonus, a 2nd lot across the street is included in the sale, Block 2 Lot 27 and Block 1 Lot 29. Dynamite 2 bedroom/1 bath waterfront home on the Delaware Bay in peaceful Gandys Beach. Enjoy your morning coffee overlooking the Meadow as the sun rises in the rear or relax at the end of the day from the deck or enclosed sunroom as the sun sets over the Bay. This home offers an open floor plan with fireplace. This home has been beautifully maintained...Don't miss this wonderful opportunity to enjoy peace and tranquility from this year round home just an hour or so from Philadelphia, Delaware Memorial Bridge and Short points.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 04/14/2025

Last Buyer's Agent

Marc Meneghetti

KELLER WILLIAMS PRIME REALTY

KELLER WILLIAMS PRIME REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,153

Parking

  • 1 Parking Space

Home Design

  • Bungalow
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Vinyl Flooring
  • Property Fronts a Bay or Harbor

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,153

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Lvt Date: 04/14/2025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Flooring: Vinyl
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric, Forced Air
  • Sewer: Private
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Location: Bay Front
  • Lot Dimensions: 40x60 & 40x66
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
Jun 26, 2025
Sold by
Lummis Robert
Bought by
Vazquez Shawn M and Vazquez Steven A
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Marc Meneghetti
KELLER WILLIAMS PRIME REALTY
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%
Views
120
Current Estimated Value
$325,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,720
Avg. Annual Appreciation
53.76%
Original Mortgage
$261,000
Outstanding Balance
$260,555
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$65,165

Purchase Details

Closed on
Feb 15, 2023
Sold by
Lummis Patricia Ann
Bought by
Lummis Robert August

Purchase Details

Closed on
Aug 16, 1996
Sold by
Dimuro Gabriel A and Dimuro Rose Marie
Bought by
Lummis Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $290,000 Salem Oak Title
Deed $290,000 Salem Oak Title
Executors Deed -- --
Deed $94,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,000 New Conventional
Closed $261,000 New Conventional
Previous Owner $75,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $290,000 -7.9% $336 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $315,000 -- $365 / Sq Ft
Source: South Jersey Shore Regional 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 $8,153 $282,700 $200,000 $82,700
2024 $8,153 $282,700 $200,000 $82,700
2023 $7,435 $282,700 $200,000 $82,700
2022 $7,248 $282,700 $200,000 $82,700
2021 $6,901 $282,700 $200,000 $82,700
2020 $6,799 $282,700 $200,000 $82,700
2019 $6,686 $282,700 $200,000 $82,700
2018 $6,773 $282,700 $200,000 $82,700
2017 $6,505 $282,700 $200,000 $82,700
2016 $6,265 $272,500 $200,000 $72,500
2015 $5,875 $272,500 $200,000 $72,500
2014 $5,442 $272,500 $200,000 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 595206

South Jersey Shore Regional MLS

APN: 04-00001-0000-00029