Seller's Agent in 2023
Michael Lentz
Keller Williams Realty - Washington Township
(856) 202-3154
1 in this area
252 Total Sales
281 Cove Rd Newport, NJ 08345
Estimated Value: $230,000 - $284,000
1
Bed
1
Bath
759
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- Open Floorplan
- Main Floor Bedroom
- Water Oriented
- Deck
- No HOA
About This Home
As of March 2023Welcome to 281 Cove Road, situated in the unique town of Gandy’s Beach. If you love endless water views and salty breezes then this is for you! This one of a kind bungalow provides a destination to get away from the hustle of the mainland and boasts a large living room with vaulted ceilings and panoramic views of the Delaware bay. Beautiful bamboo plank flooring runs throughout the home. The eat-in kitchen offers access to the composite deck through the sliding glass doors. The bedroom has unobstructed views of the marsh as well as sliding glass doors to the outside. You can sense the feeling of relaxation that this town evokes, the moment you arrive. If you have been looking for a special place to call your own, this is it! You won’t find anything quite like this!! Schedule your private tour TODAY!!
Last Agent to Sell the Property
Keller Williams Realty - Washington Township License #999901 Listed on: 10/31/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,180
Year Built
- Built in 1942
Lot Details
- 3,202 Sq Ft Lot
- Lot Dimensions are 40.00 x 80.00
- Property Fronts a Bay or Harbor
- Property is zoned R1
Property Views
- Bay
- Panoramic
Home Design
- Bungalow
- Frame Construction
- Piling Construction
Interior Spaces
- 759 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- Gas Fireplace
- Living Room
- Combination Kitchen and Dining Room
- Eat-In Kitchen
- Laundry on main level
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- 1 Driveway Space
Outdoor Features
- Water Oriented
- Property near a bay
- Deck
Location
- Flood Risk
Schools
- Cumberland Regional High School
Utilities
- Window Unit Cooling System
- Heating System Powered By Leased Propane
- Shared Well
- Well
- Electric Water Heater
- Sewer Holding Tank
Community Details
- No Home Owners Association
- Gandy's Beach Subdivision
Listing and Financial Details
- Tax Lot 00039
- Assessor Parcel Number 04-00002-00039
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2022
Closed on
Feb 28, 2023
Sold by
Pellegrini Anthony and Pellegrini Cynthia
Bought by
Hardy Susan A and Hardy Michael E
Seller's Agent
Michael Lentz
Keller Williams Realty - Washington Township
Buyer's Agent
Mary Jo Kelly
Swink Realty
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
45
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
$42,880
Avg. Annual Appreciation
8.71%
Purchase Details
Closed on
Dec 29, 2006
Sold by
Green David and Petrik Christine M
Bought by
Pelligrini Anthony and Pelligrini Cynthia
Purchase Details
Closed on
Oct 6, 2004
Sold by
Green Pamela
Bought by
Green David J
Purchase Details
Closed on
Aug 27, 2002
Sold by
Schull Jonathon
Bought by
Green David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.55%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hardy Susan A | $220,000 | Equity Plus Land Transfer | |
| Pelligrini Anthony | $262,000 | -- | |
| Green David J | -- | -- | |
| Green David | $92,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pellegrini Anthony | $214,693 | |
| Previous Owner | Green David | $73,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/23/2023 03/23/23 | Sold | $220,000 | -2.2% | $290 / Sq Ft |
| 02/03/2023 02/03/23 | Pending | -- | -- | -- |
| 10/31/2022 10/31/22 | For Sale | $225,000 | -- | $296 / 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 | $5,829 | $202,100 | $150,000 | $52,100 |
| 2024 | $5,829 | $202,100 | $150,000 | $52,100 |
| 2023 | $5,315 | $202,100 | $150,000 | $52,100 |
| 2022 | $5,182 | $202,100 | $150,000 | $52,100 |
| 2021 | $4,933 | $202,100 | $150,000 | $52,100 |
| 2020 | $4,861 | $202,100 | $150,000 | $52,100 |
| 2019 | $4,780 | $202,100 | $150,000 | $52,100 |
| 2018 | $4,842 | $202,100 | $150,000 | $52,100 |
| 2017 | $4,650 | $202,100 | $150,000 | $52,100 |
| 2016 | $4,646 | $202,100 | $150,000 | $52,100 |
| 2015 | $5,185 | $240,500 | $180,000 | $60,500 |
| 2014 | $4,803 | $240,500 | $180,000 | $60,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Mary Jo Kelly
Swink Realty
(609) 839-3456
3 in this area
9 Total Sales
Map
Source: Bright MLS
MLS Number: NJCB2009922
APN: 04-00002-0000-00039
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