Discover a hidden gem in the heart of Newport/Downe Township! This charming 3-bedroom, 1-bathroom farmhouse, built in 1900, offers a unique investment opportunity for those looking to capitalize on a property with immense potential. Set on a generous 1.41-acre lot, this detached home is ripe for renovation, allowing you to customize it to your vision and increase its value significantly. With a solid stick-built structure and classic vinyl siding, the property boasts a spacious layout and main-floor laundry for convenience. Imagine transforming this space into a modern retreat while preserving its historic charm. The expansive outdoor area provides ample room for expansion or outdoor amenities, enhancing its appeal to future renters or buyers. Investors will appreciate the potential for high rental income in a growing market. With major rehab needed, this property is a blank canvas waiting for your creative touch. Don't miss out on this opportunity to turn a diamond in the rough into a lucrative asset!
For sale
Price cut: $10K (9/21)
$115,000
404 Main St, Newport, NJ 08345
3beds
1,280sqft
Single Family Residence
Built in 1900
1.41 Acres Lot
$-- Zestimate®
$90/sqft
$-- HOA
What's special
- 70 days
- 768
- 58
Zillow last checked:
Listing updated:
Listed by:
Alice Vargas 609-501-5067,
Keller Williams Prime Realty
Source: Bright MLS,MLS#: NJCB2031882
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Natural Gas, Oil
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: Main Level
Features
- Flooring: Carpet, Engineered Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
- Finished area above ground: 1,280
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1.41 Acres
- Dimensions: 1.41 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 040005300001
- Zoning: B
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse/National Folk
- Property subtype: Single Family Residence
Materials
- Stick Built, Vinyl Siding
- Foundation: Crawl Space
Condition
- Fixer
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: On Site Septic
- Water: Well
Community & HOA
Community
- Subdivision: Newport / Downe Twp
HOA
- Has HOA: No
Location
- Region: Newport
- Municipality: DOWNE TWP
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $100,900
- Annual tax amount: $3,208
- Date on market: 7/27/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA 203(k)
- Inclusions: All Appliances And Fixtures
- Exclusions: Seller's Personal Belongings
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,246/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | $115,000-8%$90/sqft |
Source:  Bright MLS #NJCB2031882 Report a problem | ||
| 7/27/2026 | Listed for sale | $125,000$98/sqft |
Source: Bright MLS #NJCB2031882 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,683 | $100,900 |
| 2024 | $2,683 +1.1% | $100,900 |
| 2023 | $2,654 +2.6% | $100,900 |
| 2022 | $2,587 +5% | $100,900 |
| 2021 | $2,463 +1.6% | $100,900 |
| 2020 | $2,425 +0.3% | $100,900 |
| 2019 | $2,418 | $100,900 |
| 2018 | $2,418 +4.2% | $100,900 |
| 2017 | $2,320 +6.6% | $100,900 |
| 2016 | $2,175 +8% | $100,900 |
| 2015 | $2,015 +3.2% | $100,900 |
| 2014 | $1,953 +46.3% | $100,900 |
| 2013 | $1,335 -2.4% | $100,900 |
| 2012 | $1,368 +15.4% | $100,900 |
| 2011 | $1,185 +1.9% | $100,900 |
| 2010 | $1,163 -40.1% | $100,900 |
| 2009 | $1,941 +4.8% | $100,900 +64.6% |
| 2008 | $1,852 | $61,300 |
| 2007 | -- | $61,300 |
| 2006 | -- | $61,300 |
| 2005 | -- | $61,300 |
| 2003 | -- | $61,300 |
| 2002 | -- | $61,300 |
| 2001 | -- | $61,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 08345
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