242 Cove Rd
Newport, NJ 08345
Built 1945 Lot 3,200 sqft land
Most recent sale
$75,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $75,000 | MLS #NJCB2001584 |
| Mar 7, 2022 | Price changed | $75,000 | MLS #NJCB2001584 |
| Aug 31, 2021 | Listed | $89,900 | MLS #NJCB2001584 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $125,000 | $125,000 | $3,975 |
| 2024 | — | $125,000 | $125,000 | $3,605 |
| 2023 | — | $125,000 | $125,000 | $3,287 |
| 2022 | $1,000 | $125,000 | $126,000 | $3,230 |
| 2021 | $1,000 | $125,000 | $126,000 | $3,076 |
| 2020 | $1,000 | $125,000 | $126,000 | $3,030 |
| 2019 | $1,000 | $125,000 | $126,000 | $2,980 |
| 2018 | $1,000 | $125,000 | $126,000 | $3,019 |
| 2017 | $1,000 | $125,000 | $126,000 | $2,899 |
| 2016 | $1,000 | $150,000 | $151,000 | $3,471 |
| 2015 | $1,000 | $150,000 | $151,000 | $3,032 |
| 2014 | $1,000 | $150,000 | $151,000 | $2,795 |
| 2013 | $1,000 | $200,000 | $201,000 | $3,624 |
| 2012 | $81,700 | $200,000 | $281,700 | $5,124 |
| 2011 | $81,700 | $200,000 | $281,700 | $5,214 |
| 2010 | $81,700 | $200,000 | $281,700 | $4,704 |
| 2009 | $81,700 | $200,000 | $281,700 | $4,642 |
| 2008 | $28,700 | $70,000 | $98,700 | $3,930 |
| 2007 | $28,700 | $70,000 | $98,700 | $3,787 |
Property facts
Year built
1945
Property type
land
Stories
—
Beds
—
Baths
—
Living area
—
Lot size
3,200 sqft
ZIP code
08345
City
Newport
Street
Cove Rd
Coordinates
39.27205, -75.23421
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 242 Cove Rd last sell?
242 Cove Rd most recently sold on Sep 30, 2022 for $75,000.
What is the current tax assessment for 242 Cove Rd?
The most recent total assessment for 242 Cove Rd (year 2025) is $125,000 with $3,975 in property tax.
How does 242 Cove Rd's assessment compare to its last sale price?
The current assessment is 66.7% above the last sale price of $75,000.
When was 242 Cove Rd built?
242 Cove Rd was built in 1945.
How does 242 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 242 Cove Rd?
242 Cove Rd is a 3,200 sqft lot land.
Is 242 Cove Rd a flip candidate?
No — 242 Cove Rd does not appear in our flips dataset.
Is 242 Cove Rd a tax-appeal candidate?
Yes — 242 Cove Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.1%
Implied 1-yr
+12.5%
2025 Q2
$304.2K
2025 Q3
$312.1K
ZIP 08345 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cove Rd