For sale

Price cut: $5K (4/13)

$95,000

301 Main St, Newport, NJ 08345

2beds

--sqft

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Single Family Residence

Built in 1940

0.84 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Quiet rural setting

Investor Special with endless potential! Situated on a generous 0.84-acre lot, this property offers a rare opportunity to renovate to your vision. The existing structure is in need of a full rehabilitation and is being sold strictly as-is, where-is. Previously configured as a studio-style dwelling, the property presents a blank canvas for investors, builders, or contractors looking for their next project. Whether you’re considering a complete renovation or a potential teardown and new construction, the possibilities here are substantial. Located in a quiet, rural setting with plenty of space and privacy, yet still within reach of major roadways and surrounding towns, this property combines opportunity with location.

91 days

268

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Basement

Area: 0

Heating

Forced Air

Cooling

None

Appliances

Included: Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 0
Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Parking features: Surface, Circular Driveway, Off Street, Driveway
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 0.84 Acres

Details

Additional structures: Above Grade, Below Grade
Parcel number: 040002300021
Zoning: B
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Other
Foundation: Other

Condition

Fixer
New construction: No
Year built: 1940

Utilities & green energy

Sewer: Septic Exists
Water: Well

Community & HOA

Community

Subdivision: Rural

HOA

Has HOA: No

Location

Region: Newport
Municipality: DOWNE TWP

Financial & listing details

Tax assessed value: $52,200
Annual tax amount: $1,659
Date on market: 4/7/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

$2,111/mo

Price history

Date	Event	Price
4/13/2026	Price change	$95,000-5%
Source: Bright MLS #NJCB2029594 Report a problem
4/7/2026	Listed for sale	$100,000+66.7%
Source: Bright MLS #NJCB2029594 Report a problem
3/24/2026	Sold	$60,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,388	$52,200
2024	$1,388 +1.1%	$52,200
2023	$1,373 +26.1%	$52,200
2022	$1,088 +6.3%	$52,200
2021	$1,024	$52,200
2020	--	$52,200
2019	$488	$52,200
2018	$488 -48.6%	$52,200
2017	$950 +8.5%	$52,200
2016	$875 +10.5%	$52,200
2015	$792 +4.2%	$52,200
2014	$761 +8.7%	$52,200
2013	$700 -2.3%	$52,200
2012	$716 -17.8%	$52,200
2011	$872 +1.3%	$52,200
2010	$860 -33.1%	$52,200
2009	$1,286 +3.8%	$52,200 +61.6%
2008	$1,239	$32,300
2007	--	$32,300
2006	--	$32,300
2005	--	$32,300
2003	--	$32,300
2002	--	$32,300
2001	--	$32,300

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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