NOT LISTED FOR SALE

289 Cove Rd Newport, NJ 08345

Estimated Value: $275,557 - $414,000

2 Beds
1 Bath
912 Sq Ft
$355/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $199,900 $219 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,083/month

134 Days on Market

Highlights

  • Water Views
  • Access to Tidal Water
  • No HOA
  • Home fronts navigable water
  • Deck
  • Living Room

About This Home

As of June 2021

Enjoy unobstructed views of the beautiful Delaware Bay! The sun sets are incredible .Located in the quiet community of Gandys Beach this 2 bedroom home is the perfect retreat. The large great room and dining area feature a cathedral ceiling with soaring windows , with endless views of the water and wildlife.. Sliding glass doors lead to the expansive water front deck perfect for soaking up the sun and fresh air. Beautiful tongue and groove wood encompasses the walls and ceiling. The main level also includes a kitchen, bedroom and full bath. Upstairs, looking over the great room is the open loft providing the second bedroom. This spacious room provides beautiful views and its own private balcony. Constructed on regulation level and approved piers, this home is high and dry, just waiting to provide the water front retreat you have been waiting for. Don't miss out on this affordable piece of paradise.

Last Agent to Sell the Property

Dawn Rapa

(609) 471-7181 dawnrapa1@gmail.com OMNI Real Estate Professionals Listed on: 01/25/2021

OMNI Real Estate Professionals

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 1990

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 in very good condition
  • Property is zoned R1

Home Design

  • Wood Walls
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Water Views
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

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

Location

  • Flood Risk

Schools

  • Downe Township Elementary And Middle School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Gandy Beach Subdivision

Listing and Financial Details

  • Tax Lot 00043
  • Assessor Parcel Number 04-00002-00043

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,495

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Loft
  • Ownership: Fee Simple
  • Exclusions: sellers' personal property. some items may be available and negotiable
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator, Range(all in as is condition)
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Wood Walls
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 912
  • Living Area Sq Ft: 912
  • Price Per Sq Ft: 219.19
  • Above Grade Finished Sq Ft: 912
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DOWNE TOWNSHIP
  • Middle Or Junior School: DOWNE TOWNSHIP

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 27300.00
  • Land Assessed Value: 130000.00
  • 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)
  • Property Condition: Very Good
  • Zoning: R1

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3111245
  • Tax Annual Amount: 3495.00
  • Assessor Parcel Number: 04-00002-00043
  • Tax Lot: 00043
  • Tax Page Number: 9868
  • 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
Jan 25, 2021
Closed on
Jun 28, 2021
Sold by
Jones Marvin and Jones Nina
Bought by
Staehle Cyril
Seller's Agent
Dawn Rapa
OMNI Real Estate Professionals
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$324,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,239
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
Jul 7, 2016
Sold by
Carpino Frank
Bought by
Jones Marvin and Jones Nina

Purchase Details

Closed on
Aug 28, 2014
Sold by
Pinto Mary Ann
Bought by
Carpino Frank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Staehle Cyril $199,900 Dominion Title Agency, Inc.
Staehle Cyril $199,900 Dominion Title
Jones Marvin $180,000 --
Carpino Frank $55,000 Dominion Title Services
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $199,900 0.0% $219 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $199,900 0.0% $219 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $199,900 0.0% $219 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $199,900 -- $219 / 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 $4,537 $157,300 $130,000 $27,300
2024 $4,537 $157,300 $130,000 $27,300
2023 $4,137 $157,300 $130,000 $27,300
2022 $4,033 $157,300 $130,000 $27,300
2021 $3,840 $157,300 $130,000 $27,300
2020 $3,783 $157,300 $130,000 $27,300
2019 $3,720 $157,300 $130,000 $27,300
2018 $3,769 $157,300 $130,000 $27,300
2017 $3,619 $157,300 $130,000 $27,300
2016 $3,616 $157,300 $130,000 $27,300
2015 $3,913 $181,500 $130,000 $51,500
2014 $3,615 $181,000 $130,000 $51,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB131056

Bright MLS

APN: 04-00002-0000-00043