1516 Wellington Place Matawan, NJ 07747
Estimated Value: $354,158 - $390,000
2
Beds
1
Bath
1,000
Sq Ft
$375/Sq Ft
Est. Value
About This Home
This home is located at 1516 Wellington Place, Matawan, NJ 07747 and is currently estimated at $374,540, approximately $374 per square foot. 1516 Wellington Place is a home located in Monmouth County with nearby schools including Matawan Reg High School, St Benedict School, and St. Joseph Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 27, 2001
Sold by
Georges Nicholas
Bought by
Champion Jason and Champion Shaloah
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,825
Outstanding Balance
$43,203
Interest Rate
7%
Mortgage Type
FHA
Estimated Equity
$331,337
Purchase Details
Closed on
Aug 4, 1995
Sold by
Tenzer Boris
Bought by
Georges Nicholas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.48%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Champion Jason | $122,500 | -- | |
| Georges Nicholas | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Champion Jason | $118,825 | |
| Previous Owner | Georges Nicholas | $60,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $5,560 | $350,000 | $190,300 | $159,700 |
| 2024 | $5,646 | $289,300 | $134,100 | $155,200 |
| 2023 | $5,646 | $277,600 | $126,800 | $150,800 |
| 2022 | $5,561 | $239,600 | $102,900 | $136,700 |
| 2021 | $5,561 | $216,200 | $90,200 | $126,000 |
| 2020 | $5,305 | $205,300 | $82,200 | $123,100 |
| 2019 | $5,188 | $194,900 | $73,200 | $121,700 |
| 2018 | $5,069 | $191,000 | $75,000 | $116,000 |
| 2017 | $4,954 | $189,500 | $77,000 | $112,500 |
| 2016 | $4,932 | $187,300 | $77,000 | $110,300 |
| 2015 | $5,003 | $191,700 | $75,000 | $116,700 |
| 2014 | $4,885 | $190,900 | $75,000 | $115,900 |
Source: Public Records
Map
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