$363,000 - $376,000
RENTED APR 7, 2025

1007 Wellington Place Unit 1007 Matawan, NJ 07747

2 Beds
2 Baths
965 Sq Ft
$382 Price per Sq Ft

Last Sold August 31, 2016

Last sale price $190,000 $197 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,528/month

About This Home

As of August 2016

Spectacular, On-of-a-Kind Rental in Desirable Wellington Place! This Lower Level 2 Bedroom/2 Bath has been Completely Remodeled! Everything is Only 2yrs Old! This Bright and Airy Home includes an Open Floorplan, Beautiful Kitchen with Breakfast Bar, Stainless Steel Appliances(refrigerator, stove, dishwasher) and Granite Counters. Vinyl Flooring Throughout, Gorgeous Bathrooms, Living Room/Dining Room Combo with Wood Burning Fireplace, Terrace, and a Laundry Room Too! Close to NYC Bus, Train, Pkwy & Shopping! As per Landlord-No Pets and Excellent Credit a Must!!(tenant responsible for all utilities)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2017
Sold by
Falzon Kathyann
Bought by
Chakradhar Srimat and Garla Sudha
Current Estimated Value
$368,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.1%

Purchase Details

Closed on
Nov 13, 2009
Sold by
Jaffrey Linda L
Bought by
Falzon Kathyann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Alfieri Michael
Bought by
Jaffrey Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1994
Sold by
Hilbert Kenneth
Bought by
Alfieri Michael and Tillis Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.51%

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chakradhar Srimat $190,000 --
Falzon Kathyann $220,000 Multiple
Jaffrey Linda L $255,000 --
Alfieri Michael $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chakradhar Srimat --
Previous Owner Falzon Kathyann $165,000
Previous Owner Jaffrey Linda L $20,000
Previous Owner Jaffrey Linda L $125,000
Previous Owner Alfieri Michael $77,500
Previous Owner Alfieri Michael $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Rented $31,200 +1100.0% --
03/24/2025 03/24/25 Under Contract -- -- --
03/19/2025 03/19/25 Price Changed $2,600 -3.7% $3 / Sq Ft
02/24/2025 02/24/25 For Rent $2,700 -90.6% --
04/12/2023 04/12/23 Rented $28,800 +1100.0% --
04/04/2023 04/04/23 Under Contract -- -- --
03/29/2023 03/29/23 Price Changed $2,400 -7.7% $2 / Sq Ft
03/14/2023 03/14/23 For Rent $2,600 -88.3% --
01/04/2021 01/04/21 Rented $22,200 +1038.5% --
12/29/2020 12/29/20 Under Contract -- -- --
12/21/2020 12/21/20 Price Changed $1,950 -1.3% $2 / Sq Ft
12/15/2020 12/15/20 Price Changed $1,975 -1.3% $2 / Sq Ft
12/07/2020 12/07/20 For Rent $2,000 -90.5% --
09/15/2017 09/15/17 Rented $21,000 0.0% --
09/30/2016 09/30/16 Rented $21,000 0.0% --
08/31/2016 08/31/16 Sold $190,000 0.0% $193 / Sq Ft
08/31/2016 08/31/16 Sold $190,000 -14.4% $193 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $221,900 -- $225 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,691 $291,700 $134,100 $157,600
2023 $5,691 $279,800 $126,800 $153,000
2022 $5,751 $247,700 $102,900 $144,800
2021 $1,023 $223,600 $90,200 $133,400
2020 $5,494 $212,600 $82,200 $130,400
2019 $5,380 $202,100 $73,200 $128,900
2018 $5,252 $197,900 $75,000 $122,900
2017 $5,126 $196,100 $77,000 $119,100
2016 $5,105 $193,900 $77,000 $116,900
2015 $5,199 $199,200 $75,000 $124,200
2014 $5,077 $198,400 $75,000 $123,400
Source: Public Records

Agents Affiliated with this Home

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