NOT LISTED FOR SALE

299 Cove Rd Newport, NJ 08345

Estimated Value: $262,000 - $316,823

2 Beds
1.5 Baths
800 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $221,000 $276 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,066/month

233 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Raised Ranch Architecture
  • No HOA
  • Open Floorplan
  • Sun or Florida Room
  • Built-In Features

About This Home

As of July 2024

Breathtaking unobstructed views of the sunrise over the Meadow and Sunsets over the Bay! This lovely year round 2 br/1.5 bath home has been totally and ever so tastefully renovated. the open floor plan has a living room dining area and gourmet kitchen. The kitchen has a Quartz countertop, breakfast counter, under cabinet lighting, Murano Pendant lighting, wine rack, pull out pantry, top of the line appliances and lots of storage space, plus a wonderful view of the wildlife in the meadow. You can relax on the front deck overlooking the boats and jet ski activities on the bay. The list goes on with upgrades. Call for an appointment today...you won't be disappointed!

Last Agent to Sell the Property

Nancy Hund

(609) 579-9417 southjerseyrealtygroup@gmail.com EXP Realty, LLC License #1645158 Listed on: 10/19/2023

EXP Realty, LLC

Last Buyer's Agent

Tina Swink

(856) 466-3909 tina@soldbyswink.com Swink Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,514

Year Built

  • Built in 1965

Lot Details

  • 3,202 Sq Ft Lot
  • Lot Dimensions are 40.00 x 80.00
  • Property Fronts a Bay or Harbor
  • Property is in excellent condition
  • Property is zoned R1

Parking

  • Driveway

Property Views

  • Bay
  • Panoramic

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Sun or Florida Room

Kitchen

  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting
  • Shed
  • Outbuilding

Utilities

  • Multiple cooling system units
  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Sewer Holding Tank

Community Details

  • No Home Owners Association
  • None Available Subdivision

Listing and Financial Details

  • Tax Lot 00048
  • Assessor Parcel Number 04-00002-00048

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,514

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Deck furniture
  • Inclusions: Dishwasher, Microwave, Range, Washer, Dryer, Refrigerator, existing ceiling fans.... all conveyed in "as is" condition
  • New Construction: No
  • Story List: Main
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer, Energy Star Dishwasher, Energy Star Refrigerator, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Built-Ins, Combination Dining/Living, Dining Area, Floor Plan - Open, Recessed Lighting, Stall Shower
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Sun/Florida Room
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 287.50
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Exterior Lighting, Outbuilding(s), Outside Shower, Street Lights
  • Road Surface Type: Paved
  • Roof: Fiberglass
  • Spa: No
  • View: Bay, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Ceiling Fan(s), Multi Units
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Holding Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 40.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3202.00
  • Property Condition: Excellent
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6514.00
  • Assessor Parcel Number: 04-00002-00048
  • Tax Lot: 00048
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: DOWNE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Jul 10, 2024
Sold by
Wrigley Denise and Wrigley Matthew
Bought by
Colon Stephanie A
Seller's Agent
Nancy Hund
EXP Realty, LLC
Buyer's Agent
Tina Swink
Swink Realty
List Price
$230,000
Sold Price
$221,000
Premium/Discount to List
-$9,000
-3.91%
Views
346
Current Estimated Value
$280,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,456
Avg. Annual Appreciation
18.99%
Original Mortgage
$216,997
Outstanding Balance
$214,345
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$66,111

Purchase Details

Listed on
Jun 2, 2019
Closed on
Dec 10, 2020
Sold by
Curtis Benjamin T and Curtis Kathryn A
Bought by
Wrigley Denise and Wrigley Matthew
Seller's Agent
Karen Millul
BHHS Fox & Roach-Vineland
Buyer's Agent
Karen Millul
BHHS Fox & Roach-Vineland
List Price
$195,000
Sold Price
$150,000
Premium/Discount to List
-$45,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$135,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Colon Stephanie A $221,000 Sjs Title
Colon Stephanie A $221,000 Sjs Title
Wrigley Denise $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colon Stephanie A $216,997
Closed Colon Stephanie A $216,997
Previous Owner Wrigley Denise $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2024 07/24/24 Sold $221,000 -3.9% $276 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $230,000 0.0% $288 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/08/2024 04/08/24 Price Changed $230,000 -14.5% $288 / Sq Ft
02/20/2024 02/20/24 Price Changed $269,000 -0.4% $336 / Sq Ft
10/19/2023 10/19/23 For Sale $270,000 +80.0% $338 / Sq Ft
12/11/2020 12/11/20 Sold $150,000 +0.1% $188 / Sq Ft View Prior Sale
11/02/2020 11/02/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $149,900 -11.8% $187 / Sq Ft
07/01/2020 07/01/20 Price Changed $169,900 -2.9% $212 / Sq Ft
12/16/2019 12/16/19 Price Changed $175,000 -2.8% $219 / Sq Ft
08/07/2019 08/07/19 Price Changed $180,000 -7.7% $225 / Sq Ft
06/02/2019 06/02/19 For Sale $195,000 -- $244 / 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 $7,144 $247,700 $180,000 $67,700
2024 $7,144 $247,700 $180,000 $67,700
2023 $6,515 $247,700 $180,000 $67,700
2022 $6,351 $247,700 $180,000 $67,700
2021 $6,046 $247,700 $180,000 $67,700
2020 $5,957 $247,700 $180,000 $67,700
2019 $5,858 $247,700 $180,000 $67,700
2018 $5,935 $247,700 $180,000 $67,700
2017 $5,700 $247,700 $180,000 $67,700
2016 $5,695 $247,700 $180,000 $67,700
2015 $5,340 $247,700 $180,000 $67,700
2014 $4,947 $247,700 $180,000 $67,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2015030

Bright MLS

APN: 04-00002-0000-00048