NOT LISTED FOR SALE

283 Cove Rd Newport, NJ 08345

Estimated Value: $255,664 - $369,000

2 Beds
1 Bath
864 Sq Ft
$356/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $219,000 $253 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,143/month

61 Days on Market

Highlights

  • Water Views
  • Rambler Architecture
  • No HOA
  • Deck
  • Attic
  • 1 Car Attached Garage

About This Home

As of October 2018

Enjoy unobstructed views of the sunrises over the meadow and wildlife refuge in the rear from a spacious wraparound deck and sunsets over the Delaware Bay from the front porch. This year round 2 BR / 1+ bath has an open floor plan overlooking the Bay consisting of a L/R, dining area and kitchen sitting atop an oversized garage with heated restroom & shower facilities, loads of storage space for your boat and fishing gear. This home is tastefully decorated, freshly painted and very well maintained. Note: Block 1, Lot 42 measuring 40x80 on the Bay side across the street is under water and not buildable.

Last Agent to Sell the Property

Karen Millul

BHHS Fox & Roach-Vineland License #8935702 Listed on: 07/11/2018

BHHS Fox & Roach-Vineland

Last Buyer's Agent

Karen Millul

BHHS Fox & Roach-Vineland License #8935702 Listed on: 07/11/2018

BHHS Fox & Roach-Vineland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 1981

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 40x80
  • Level Lot
  • Property is in good condition
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Water Views
  • Attic Fan
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • 100 Amp Service
  • Shared Well
  • Electric Water Heater
  • On Site Septic
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00040
  • Assessor Parcel Number 04-00002-00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,346

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Elec.Stove,Refrigerator,Range Hood, C-Fans, Washer,Dryer.
  • New Construction: No
  • Story List: Main
  • Year Built: 1981
  • Remarks Public: Enjoy unobstructed views of the sunrises over the meadow and wildlife refuge in the rear from a spacious wraparound deck and sunsets over the Delaware Bay from the front porch. This year round 2 BR / 1+ bath has an open floor plan overlooking the Bay consisting of a L/R, dining area and kitchen sitting atop an oversized garage with heated restroom & shower facilities, loads of storage space for your boat and fishing gear. This home is tastefully decorated, freshly painted and very well maintained. Note: Block 1, Lot 42 measuring 40x80 on the Bay side across the street is under water and not buildable.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Attic/House Fan, Stall Shower, Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Net Sq Ft: 864.00
  • Price Per Sq Ft: 277.66
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 283

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Exterior Features: Street Lights, Satellite Dish, Exterior Lighting
  • Roof: Pitched, Shingle
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Heat Pump - Electric Backup, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well-Shared

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: DOWNE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397435

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Dimensions: 40X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3200.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3111242
  • Tax Annual Amount: 4346.00
  • Assessor Parcel Number: 04-00002-00040
  • Tax Lot: 00040
  • Tax Year: 2018
  • Close Date: 10/31/2018

MLS Schools

  • School District Name: DOWNE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jul 19, 2012
Sold by
Newton Thomas S
Bought by
Russo Damian and Russo Nickala
Seller's Agent
Karen Millul
BHHS Fox & Roach-Vineland
Buyer's Agent
Karen Millul
BHHS Fox & Roach-Vineland
List Price
$199,900
Sold Price
$167,500
Premium/Discount to List
-$32,400
-16.21%
Current Estimated Value
$311,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,293
Avg. Annual Appreciation
4.94%
Source: Public Records

Range of Values:

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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
Russo Damian $167,500 Landis Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $219,000 -8.7% $253 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $239,900 +43.2% $278 / Sq Ft
07/19/2012 07/19/12 Sold $167,500 -11.8% --
06/27/2012 06/27/12 Pending -- -- --
05/12/2012 05/12/12 Price Changed $189,900 -5.0% --
01/09/2012 01/09/12 For Sale $199,900 -- --
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 $5,232 $181,400 $80,000 $101,400
2024 $5,232 $181,400 $80,000 $101,400
2023 $4,771 $181,400 $80,000 $101,400
2022 $4,428 $181,400 $80,000 $101,400
2021 $4,290 $181,400 $80,000 $101,400
2020 $4,363 $181,400 $80,000 $101,400
2019 $4,290 $181,400 $80,000 $101,400
2018 $6,263 $261,400 $160,000 $101,400
2017 $6,015 $261,400 $160,000 $101,400
2016 $6,010 $261,400 $160,000 $101,400
2015 $5,636 $261,400 $160,000 $101,400
2014 $5,220 $261,400 $160,000 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002028232

Bright MLS

APN: 04-00002-0000-00040