OFF MARKET

Off Market Jun 2020 for $165K

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Est. refi paymentEst. refi $1,216/mo

—

•

— ba

•

1,664

sq ft

200 Cove Rd, Newport, NJ 08345

About this home

BACK ON MARKET!! Buyer financing fell through. Termite passed, water test passed, structural inspection passed, and septic passed for County waiver. Don't miss this opportunity. Waterfront duplex listed below assessed value. This is a great opportunity to own a home on the bay and have rental income. This home sits right on the beach where you have your own place to put your chair. The view is spectacular!! You will look forward to sunrises and sunsets in front of your own home. Come see this home located in the small community known as Gandy's beach overlooking the Delaware Bay where you can boat, fish, or watch wildlife. Unit 2 is currently rented however the tenant is in the process of moving. Unit 1 is empty. Both are 2 bedrooms 1 bath. , living room and dining area. Large 33X14 deck on the first floor and an additional deck on the second floor.

Multi-familyProperty Type

1981Year Built

3,200 sq ftLot Size

$99Price/Sq.Ft.

Listed by Donald Sullivan • BHHS Fox & Roach-Vineland

•856-691-0091 (broker)

•sherri.westervelt@foxroach.com (broker)

Bought with Erica Melling • Salomon Realty LLC

•215-788-1114 (broker)

Redfin checked: a few seconds ago

•Source:BRIGHT MLS #NJCB125142

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 08345, NJ

Last updated August 2026

Sale-to-List Price

101.1%

3.2% MoM

Median sale price

$265K

$9K MoM

Avg. days on market

10d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

$199,000
2 beds1 bathsq ft
631 Station Rd, Newport, NJ 08345
See all

Provided by Redfin

Sale history for 200 Cove Rd

Date

Event

Price

BRIGHT MLS #NJCB125142

Jun 12, 2020

Sold

$165,000

$99/sq ft

Apr 19, 2020

Pending

—

Mar 23, 2020

Price Changed

$165,000

$99/sq ft

Mar 18, 2020

Relisted

—

Feb 6, 2020

Pending

—

Jan 28, 2020

Listed

$174,900

$105/sq ft

SJSRMLS #470523

Jul 1, 2017

Listing Removed

—

Jun 29, 2016

Listed

$209,900

$126/sq ft

BRIGHT MLS #1007524760

Jun 30, 2017

Listing Removed

—

Jun 28, 2016

Listed

$209,900

$126/sq ft

Public Records

Feb 6, 2012

Sold

$228,000

$137/sq ft

Public Records

Jan 22, 1993

Sold

$150,000

$90/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$10,376 (+10.3%)

$200,000 + $126,300

$326,300

2024

$9,410 (+9.7%)

$200,000 + $126,300

$326,300

2023

$8,582 (+2.6%)

$200,000 + $126,300

$326,300

2022

$8,366 (+5.0%)

$200,000 + $126,300

$326,300

2021

$7,965 (+1.5%)

$200,000 + $126,300

$326,300

2020

$7,848 (+1.7%)

$200,000 + $126,300

$326,300

2019

$7,717 (−1.3%)

$200,000 + $126,300

$326,300

2018

$7,818 (+4.1%)

$200,000 + $126,300

$326,300

2017

$7,508

$200,000 + $126,300

$326,300

2016

$7,501 (+24.2%)

$200,000 + $126,300

$326,300

2014

$6,039

$200,000 + $126,300

$326,300

Tax history for 200 Cove Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,376 (+10.3%)

$200,000 + $126,300

$326,300

2024

$9,410 (+9.7%)

$200,000 + $126,300

$326,300

2023

$8,582 (+2.6%)

$200,000 + $126,300

$326,300

2022

$8,366 (+5.0%)

$200,000 + $126,300

$326,300

2021

$7,965 (+1.5%)

$200,000 + $126,300

$326,300

2020

$7,848 (+1.7%)

$200,000 + $126,300

$326,300

2019

$7,717 (−1.3%)

$200,000 + $126,300

$326,300

2018

$7,818 (+4.1%)

$200,000 + $126,300

$326,300

2017

$7,508

$200,000 + $126,300

$326,300

2016

$7,501 (+24.2%)

$200,000 + $126,300

$326,300

2014

$6,039

$200,000 + $126,300

$326,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

40 ft.

Lot depth

80 ft.

Lot size

3,202 Sq. Ft.

Year renovated

—

Sq. Ft.

1,536

Year built

1981

Style

Single Family Residential

County

Cumberland County

APN

0400001 00001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 16, 2026.

Property details

Parking

Parking Information
Driveway

Interior

Interior Information
Living Area Sq.Ft. Source: Assessor

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $126,300
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
# of Units (Total): 1
Construction Materials: Aluminum Siding
Other Structures: Above Grade, Below Grade
Structure Type: Detached

Lot Information
Lot Size Dimensions: 40.00 x 80.00
Navigable Water

Land Information
Land Assessed Value: $200,000

Above Grade Information
Finished Sq.Ft.: 1,664
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $326,300
Tax Year: 2019
Tax Annual Amount: $7,717

Assessments Information
Year Assessed: 2019

Lease Information
Existing Lease Type: Month to Month

Rental Information
Total Actual Rent: $12,000

Utilities

Utilities Information
Cooling Type: Window Unit(s)
Forced Air
Heating Fuel: Propane - Leased
Hot Water: Electric
Sewer Septic: On Site Septic
Water Source: Well

Location

Multi Unit Information
# of Two Bedroom Units: 2
# of Vacant Units: 1
# of Units Leased: 1
# of Month To Month Units: 1

School Information
School District Name: DOWNE TOWNSHIP PUBLIC SCHOOLS
School District Source: Listing Agent

Location Information
Directions: From Newport follow signs to Gandy's Beach. House on corner on the beach.
Municipality: DOWNE TWP

Waterfrontage Information
Water Access
On Waterfront
Water Oriented
Water Body Type: Bay

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,536
Stories: 2.0
Lot Size: 3,202 square feet
Style: Single Family Residential
Year Built: 1981
Year Renovated: —
County: Cumberland County
APN: 0400001 00001

Home facts updated by county records on Jul 16, 2026

Around this home

Schools

Downe Twp Elementary School

Public PreK-8 • Assigned • 4.0mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

7/10 Heat Factor

6 days above 102° expected this year, 14 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Newport, NJ • 08345

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.7 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 08345

$199,000

2 beds1 bathsq ft

631 Station Rd, Newport, NJ 08345

Home values near 200 Cove Rd

Data from public records.

Address	Redfin Estimate
204 Cove Rd, Newport, NJ 3 Beds \| 1 Baths \| 912 Sq. Ft.	$285,468
192 Cove Rd, Newport, NJ 3 Beds \| 1.5 Baths \| - Sq. Ft.	$553,618

Address	Redfin Estimate
188 Cove Rd, Newport, NJ 4 Beds \| 2 Baths \| 1536 Sq. Ft.	$293,112
216 Cove Rd, Newport, NJ - Beds \| 1 Baths \| 768 Sq. Ft.	$437,738

Address	Redfin Estimate
209 Cove Rd, Newport, NJ 3 Beds \| 1 Baths \| 980 Sq. Ft.	$300,274
208 Cove Rd, Newport, NJ 3 Beds \| 3 Baths \| 2518 Sq. Ft.	$507,542

Property information provided by BRIGHT MLS when last listed in 2020. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 08345, NJ

Sale history for 200 Cove Rd

Tax history for 200 Cove Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08345

Home values near 200 Cove Rd

More real estate resources