123 Cove Way
Lavallette, NJ 08735
2 bd 2 ba 600 sqft Built 2023 Lot 1,742 sqft single_family
Most recent sale
$413,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 14, 2025 | Sold | $800,000 | MoreMLS |
| Jul 18, 2022 | Sold | $413,000 | Public Record |
| Jun 30, 2022 | Sold | $413,000 | MoreMLS |
| May 3, 2022 | Listed | $425,000 | MLS #22213017 |
| May 13, 1999 | Sold | $88,000 | Public Record |
| Jun 11, 1998 | Sold | $88,000 | Public Record |
| Oct 1, 1980 | Sold | $36,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $325,500 | $242,000 | $567,500 | $10,864 |
| 2024 | $314,000 | $242,000 | $556,000 | $10,124 |
| 2023 | — | $242,000 | $242,000 | $4,189 |
| 2022 | $147,700 | $242,000 | $389,700 | $6,504 |
| 2021 | $40,800 | $132,800 | $173,600 | $4,348 |
| 2020 | $40,800 | $132,800 | $173,600 | $4,330 |
| 2019 | $40,800 | $132,800 | $173,600 | $4,142 |
| 2018 | $40,800 | $132,800 | $173,600 | $4,087 |
| 2017 | $40,800 | $132,800 | $173,600 | $4,052 |
| 2016 | $40,800 | $132,800 | $173,600 | $3,946 |
| 2015 | $40,800 | $132,800 | $173,600 | $3,797 |
| 2014 | $40,800 | $132,800 | $173,600 | $3,521 |
| 2013 | $4,100 | $102,100 | $106,200 | $2,089 |
| 2012 | $26,500 | $257,400 | $283,900 | $4,366 |
| 2011 | $26,500 | $301,400 | $327,900 | $4,886 |
| 2010 | $26,500 | $301,400 | $327,900 | $4,620 |
| 2009 | $26,500 | $301,400 | $327,900 | $4,168 |
| 2007 | $16,400 | $62,400 | $78,800 | $2,412 |
Property facts
Year built
2023
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
600 sqft
Lot size
1,742 sqft
ZIP code
08735
City
Lavallette
Street
Cove Way
Coordinates
39.98671, -74.06772
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,478
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 123 Cove Way last sell?
123 Cove Way most recently sold on Jul 18, 2022 for $413,000.
What is the current tax assessment for 123 Cove Way?
The most recent total assessment for 123 Cove Way (year 2025) is $567,500 with $10,864 in property tax.
How does 123 Cove Way's assessment compare to its last sale price?
The current assessment is 37.4% above the last sale price of $413,000.
When was 123 Cove Way built?
123 Cove Way was built in 2023.
How does 123 Cove Way compare to others on Cove Way?
We track 8 other properties on Cove Way. Browse the list under "Other properties on Cove Way" to compare beds, baths, and sale history.
What are the property facts for 123 Cove Way?
123 Cove Way is a 2 bed, 2 bath, 600 sqft, 1,742 sqft lot single_family.
Is 123 Cove Way a flip candidate?
No — 123 Cove Way does not appear in our flips dataset.
Is 123 Cove Way a tax-appeal candidate?
No — 123 Cove Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.5%
Implied 1-yr
-10.0%
2026 Q2
$1.97M
2026 Q3
$1.97M
ZIP 08735 — Median Price History + Forecast
Explore nearby
Geography
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