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257 Matawan Avenue
Matawan, NJ 07747

  • 4 beds
  • 2 baths
  • 1,500 sqft
  • 12,197 sqft lot
  • $250 per sqft
  • 1950 build
  • on site

Investor Alert! This property is an incredible opportunity in the sweetest location near everything that truly matters for an excellent convenient lifestyle. Train station, buses and town very nearby, while surrounded by nature and privacy. A sweet price that makes taking on this project exciting! This price allows plenty of room to generously renovate to then celebrate its sharp increase in value thereafter! 4 beds, 2 full baths, great layout, unfinished spacious basement with doors leading outside. 2 car detached garage, double wide driveway for plenty of cars, roof is still young! The mechanicals well maintained. Matawan sought after schools make this a big win!

Listing courtesy of MOMLS / Joanna Renner / Keller Williams Realty West Monmouth

Last checked: Checking… • Last updated Aug 20, 2021 •

MLS# 22125197 —

Amenities & Taxes

The Building

Year Built:
1950
Style:
Ranch
Sub-Type:
Detached
Levels:
1.0
Roof:
Shingled, Timberline
Exterior:
Shed
Siding:
Brick
Apx Sq Ft:
1500.00

Interior

Rooms:
8
Dining Room:
TRY/VLT/CATH
Basement:
Yes
Basement:
Full, Unfinished
Floors:
Cement

Financial & Terms

Financing:
Cash, Conventional
Ownership Type:
Fee Simple
List Price/SqFt:
$250

Location

Latitude:
40.418684
Longitude:
-74.232928
Directions:
Ravine Drive to Matawan Ave

The Property

Area/Section:
Matawan
Lot:
1
Lot Dimensions:
121 x 100
Lot Description:
Level, Oversized
Waterfront:
No
Waterview:
No
Zoning:
Residential, Single Family
Property Type:
A
Property Sub-Type:
Single Family
Acreage
0.28

Listing Agent

Contact info:

Taxes

Tax ID#
31-00096-0000-00001
Tax Year:
2020
Taxes:
9289.00

Beds

Bedrooms:
4

Baths

Total Baths:
2.00
Full Baths:
2

Heating & Cooling

Heat Fuel:
Forced Air, Natural Gas

Utilities

Water/Sewer:
Public Sewer, Public Water

Appliances

Water Heater:
Natural Gas

Schools

Middle School:
Matawan Avenue

The Community

Complex/Subdivision:
None
Pool:
No
HOA:
No
Assessment Status:
Assessment - N/A
Assessment - Total:
$339,500
Assessment - Land:
206300.00
Assessment - Improvements:
$133,200

Parking

Garage:
Yes
Garage:
Detached, Oversized, Storage Above, Workshop/ Workbench
Parking:
Double Wide Drive, Driveway, Gravel
# Car Garage:
2.00

Schools

Rating Details

Matawan Regional High School

  • Public
  • 9-12
  • 0.8 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Monthly cost estimate

257 Matawan Avenue

Asking price

$375,000

Expense Monthly cost
Mortgage

$1,303

Taxes $774
Insurance $103
Utilities $188 See report
Total $2,368/mo.*
*This is an estimate

Flood Risk

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

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Sale history

Date Event Source Price % Change
8/20/21
Pending MOMLS $375,000
7/30/21
Listed / Active MOMLS $375,000 92.3% (6.9% / YR)
8/7/20
Listed / Active GSMLS

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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61% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $105k over asking price.

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