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232 Cove Rd

Newport, NJ 08345

3 bd 2 ba 1,264 sqft Built 1993 Lot 3,200 sqft single_family
Most recent sale
$315,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $315,000 MLS #NJCB2007356
Jun 13, 2022 Listed $349,000 MLS #NJCB2007356
Mar 28, 2019 Listed $199,900 MLS #NJCB118904
Sep 30, 1999 Sold $120,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $50,700 $190,000 $240,700 $7,654
2024 $50,700 $190,000 $240,700 $6,941
2023 $50,700 $190,000 $240,700 $6,330
2022 $50,700 $190,000 $240,700 $6,171
2021 $50,700 $190,000 $240,700 $5,875
2020 $50,700 $190,000 $240,700 $5,789
2019 $50,700 $190,000 $240,700 $5,693
2018 $50,700 $190,000 $240,700 $5,767
2017 $50,700 $190,000 $240,700 $5,539
2016 $50,700 $190,000 $240,700 $5,534
2015 $50,700 $190,000 $240,700 $4,833
2014 $50,700 $190,000 $240,700 $4,455
2013 $101,400 $200,000 $301,400 $5,434
2012 $126,700 $200,000 $326,700 $5,943
2011 $126,700 $200,000 $326,700 $6,047
2010 $126,700 $200,000 $326,700 $5,456
2009 $126,700 $200,000 $326,700 $5,384
2008 $48,900 $70,000 $118,900 $4,735
2007 $48,900 $70,000 $118,900 $4,562

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,264 sqft
Lot size
3,200 sqft
ZIP code
08345
City
Newport
Street
Cove Rd
Coordinates
39.27190, -75.23349

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,896
Gross rental yield
7.22%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 232 Cove Rd last sell?
232 Cove Rd most recently sold on Aug 3, 2022 for $315,000.
What is the current tax assessment for 232 Cove Rd?
The most recent total assessment for 232 Cove Rd (year 2025) is $240,700 with $7,654 in property tax.
How does 232 Cove Rd's assessment compare to its last sale price?
The current assessment is 23.6% below the last sale price of $315,000.
When was 232 Cove Rd built?
232 Cove Rd was built in 1993.
How does 232 Cove Rd compare to others on Cove Rd?
We track 8 other properties on Cove Rd. Browse the list under "Other properties on Cove Rd" to compare beds, baths, and sale history.
What are the property facts for 232 Cove Rd?
232 Cove Rd is a 3 bed, 2 bath, 1,264 sqft, 3,200 sqft lot single_family.
Is 232 Cove Rd a flip candidate?
No — 232 Cove Rd does not appear in our flips dataset.
Is 232 Cove Rd a tax-appeal candidate?
No — 232 Cove Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.5%
2025 Q2
$304.2K
2025 Q3
$312.1K
ZIP 08345 — Median Price History + Forecast

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