$362,000 - $394,000
RENTED APR 7, 2025

1007 Wellington Place Unit 1007 Matawan, NJ 07747

2 Beds
2 Baths
965 Sq Ft
479 Sq Ft Lot

Last Sold August 31, 2016

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

Est. 100% increase in value since last sale

Current estimated payment $2,568/month

Highlights

  • In Ground Pool
  • New Kitchen
  • Walk-In Closet
  • Matawan Reg High School Rated A-
  • Terrace
  • Living Room

About This Home

As of April 2025

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)

Last Agent to Rent the Property

Debra Borrelli

Coldwell Banker Realty License #0124031 Listed on: 02/24/2025

Coldwell Banker Realty

Last Renter's Agent

Danielle Janocko

RE/MAX Revolution License #2082547

RE/MAX Revolution

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,691

Year Built

  • Built in 1979

Lot Details

  • 479

Home Design

  • Slab Foundation

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Wood Burning Fireplace
  • Living Room
  • Storage
  • Home Security System

Kitchen

  • New Kitchen
  • Stove
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Flooring

  • Linoleum
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Common or Shared Parking

Outdoor Features

  • In Ground Pool
  • Basketball Court
  • Terrace
  • Exterior Lighting

Location

  • Lower Level

Schools

  • Strathmore Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Property Available on 4/15/25
  • Assessor Parcel Number 01-00114-0000-00003-0000-C1007

Community Details

Overview

  • Property has a Home Owners Association
  • Wellington Pl Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Additional Features

  • Common Area
  • Storm Doors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,691

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-04-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Tennis Court(s), Basketball Court, Common Area
  • Inclusions: Washer, Stove, Security System, Microwave, Outdoor Lighting, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: Wellington Pl
  • Architectural Style: Lower Level
  • Reso Flooring: Vinyl, Ceramic Tile
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1979
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Common Elements Common Area: Yes
  • Pool Common2: Yes
  • Exterior Terrace: Yes
  • Location Middle School: Matawan Avenue
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Vinyl3: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Contract Info Available Date: 2025-04-15
  • Lease Requirements Security Deposit4: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Basketball Court: Yes
  • Included Outdoor Lighting3: Yes
  • Common Elements Swimming Pool: Yes
  • Style Lower Level: Yes
  • Included Security System7: Yes
  • Exterior Private Storage2: Yes
  • Common Elements Tennis Court(s)2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Main Level Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bath Floor - Ceramic10: Yes
  • Primary Bedroom Floor - LinoleumVinyl8: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Private Storage, Tennis Court(s)
  • Patio And Porch Features: Terrace
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common, None
  • General Property Info:Garage: No
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Parcel #: 01-00114-0000-00003-0000-C1007

MLS Schools

  • Elementary School: Strathmore
  • High School: Matawan Reg

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
$379,163

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%
Source: Public Records

Range of Values:

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Average Value
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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
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22505017

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-0000-00003-0000-C1007