Sold
Last Sold Price
3,200 Lot Size0.07 Acres

242 Cove Rd, Newport, NJ 08345

LandProperty Type
0.07 acresLot Size

Description

Build your dream home on the beautiful Delaware Bay.. Enjoy the endless views and sunsets from this gorgeous lot. This property is ready for its new owners to build an every day home or a vacation home. Come see this incredible opportunity today!Build your dream home on the beautiful Delaware Bay.. Enjoy the endless views and sunsets from this gorgeous lot. This property is ready for its new owners to build an every day home or a vacation home. Come see this incredible opportunity today!
  • Listed by: Dawn E Rapa 609.471.7181 dawnrapa1@gmail.com • RE/MAX Connection Realtors
Listing closed: 09/30/2022 12:00 AM • Source: BRIGHT, MLS#: NJCB2001584
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Recent comparable sales

Median sold price

$71,000

Avg days on market

155

Sale-to-list ratio

84.0%

Newport, NJ

9 comparable properties found

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Location

Listing Courtesy of RE/MAX Connection Realtors

Sold By RE/MAX Connection Realtors

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Principal and Interest

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Property Taxes

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Property Information for 242 Cove Road

Property Details

  • Taxes: $3,074 / year
  • MLS Type: Land / Fee Simple
  • Tax ID Number: 04-00001-00022
  • Ownership: Fee Simple
  • HOA: No
  • Waterfront: Yes
  • Garage: No
  • Subdivision: GANDYS BEACH
  • Subdivision: GANDYS BEACH (CUMBERLAND NJ)
  • Cross Street: Gandys Ave.
  • Municipality: DOWNE TWP
  • Central Air: No
  • Construction Completed: No

Building Information

  • Lot Size: 0.07 AC

Location

Location
  • School District Name: DOWNE TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200397435
  • SchoolDistrictSource: Listing Agent
  • Elementary School: DOWNE TOWNSHIP (CUMBERLAND NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: DOWNE TOWNSHIP (CUMBERLAND NJ)
  • MiddleSchoolSource: Listing Agent
  • County: CUMBERLAND
  • MLS Area: Downe Twp (20604)

Waterfront / Water Access

Waterfront / Water Access
  • Water View: No
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Water Frontage In Feet: 40.0

Taxes and Assessment

Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $126,000
  • Year Assessed: 2021
  • Improvement Assessed Value: $1,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R2
  • Tax Lot: 00022
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No

Lease Information

Lease Information
  • Concessions: No

Lot / Land Information

Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 40.00 x 80.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Cleared, Road Frontage
  • Current Use: Land/Lot Only
  • Parcel ID: 3111169
  • Additional Parcels: Yes
  • Addl Parcels Descrp: potential to purchase lot across the street for addl monies. block 2 lot 20

Utilities

Utilities
  • Water Source: Well
  • Sewer Septic: No Septic System

Confidential Data

Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS

Property History for 242 Cove Road

DateEvent & SourcePriceAppreciation
Sep 30, 2022

Closed

BRIGHT #NJCB2001584

$75,000—
Sep 14, 2022

Pending

BRIGHT #NJCB2001584

—
Sep 14, 2022

Active Under Contract

BRIGHT #NJCB2001584

—
DateEvent & SourcePrice
09/30/2022

Closed

BRIGHT #NJCB2001584

$75,000
09/14/2022

Pending

BRIGHT #NJCB2001584

—
09/14/2022

Active Under Contract

BRIGHT #NJCB2001584

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 242 Cove Road

Taxable Value

Land

$125,000

Additions

-
Total$125,000

Tax Record

2025

$3,975 ($331 / month)

Home Facts

Beds

0

Baths

1

Total Finished SqFt

758 SqFt

Above Grade Finished SqFt

758 SqFt

Stories

1

Lot Size

3,202 SqFt

Style

Miscellaneous Vacant Land

Year Built

1945

Year Renovated

1945

Zoning

R2

County

CUMBERLAND

APN

04-00001-0000-00022

Schools near 242 Cove Road

This home is within Downe Township School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Downe Twp Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 242 Cove Road, Newport, NJ 08345
$75,000
–
–
–
3,200
$522,444
3
2,220
3,202
$201,500
2
840
3,200
$1
–
2
1,008
3,202
–
–
–
–
3,202
$28,500
–
–
–
3,200

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Connection Realtors

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.