Owen said: "I feel that 100 caps and 50 goals are both gettable targets if I can stay injury-free and keep playing well for Newcastle United.
"Sir Bobby Charlton is England's leading scorer with 49 goals, but 50 sounds better.
"But I must stress that I want to play well first and foremost for my club. My main aim is to be successful with New-castle and the bonus of inter-national football comes after that."
One of Kevin Keegan's first decisions for the coming season was to make Owen skipper again.
But Owen admits that the England captaincy - an honour handed to him by Sven-Goran Eriksson - may not materialise under Fabio Capello.
He added: "It's a great honour for me, like Alan Shearer, to have captained both Newcastle and England. But England have three good men in Steven Gerrard, Rio Ferdinand and John Terry and plenty of other candidates."