16 Main St Matawan, NJ 07747
Estimated Value: $687,000 - $877,000
6
Beds
2
Baths
1,796
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- 2-minute walk to Aberdeen Matawan
- 2 Car Garage
- Matawan Reg High School Rated A-
About This Home
As of October 2020Renovated and stunning!! Legal 2 family located in the heart of Matawan with 2 three bedroom 1 bath units, upper unit has spiral staircase and bonus room. Each unit has separate utilities and laundry area in the full basement with two separate storage areas. This 2 family has been renovated from top to bottom! No expense spared in renovating this beautiful property. All utilities are high efficiency units. Live in one and have an income stream from the other unit. Overised garage at rear of the property Perfect for a contractor or investment!!.
Last Agent to Sell the Property
Imperial Realty Properties License #0230469 Listed on: 08/21/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,632
Year Built
- Built in 1923
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 40 x 160
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Matawan Avenue Middle School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 31-00001-0000-00012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2020
Closed on
Oct 30, 2020
Sold by
16 Main Street Llc
Bought by
Lomeo Jessica Lorin and Lomeo Matthew Thomas
Seller's Agent
Laura Piccinich
Imperial Realty Properties
Buyer's Agent
Barry Weinstein
Weichert Realtors-Holmdel
List Price
$579,000
Sold Price
$628,000
Premium/Discount to List
$49,000
8.46%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,021
Avg. Annual Appreciation
5.56%
Original Mortgage
$314,000
Outstanding Balance
$281,954
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$524,067
Purchase Details
Listed on
May 28, 2015
Closed on
Dec 21, 2017
Sold by
Digregorio Dominic
Bought by
16 Main Street Llc
Seller's Agent
Vincent Alu
Lighthouse Realty of NJ, LLC
Buyer's Agent
Vincent Alu
Lighthouse Realty of NJ, LLC
Sold Price
$200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.26%
Purchase Details
Closed on
Oct 21, 2013
Sold by
Malvica Richard and Malvica Heather
Bought by
Smith Patrick and Owens Jennifer
Purchase Details
Closed on
Apr 30, 2010
Sold by
Provinzano Rocco
Bought by
Digregorio Dominic
Purchase Details
Closed on
Jun 7, 2007
Sold by
Digregorio Dominic
Bought by
Provinzano Rocco
Similar Homes in Matawan, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lomeo Jessica Lorin | $628,000 | Fidelity National Title | |
| 16 Main Street Llc | $200,000 | Chicago Title | |
| Smith Patrick | $270,000 | Agent For Old Republic Nat | |
| Digregorio Dominic | -- | None Available | |
| Provinzano Rocco | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lomeo Jessica Lorin | $314,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $628,000 | +8.5% | $350 / Sq Ft |
| 09/05/2020 09/05/20 | Pending | -- | -- | -- |
| 08/21/2020 08/21/20 | For Sale | $579,000 | +189.5% | $322 / Sq Ft |
| 01/10/2018 01/10/18 | Sold | $200,000 | -- | $111 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
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 |
|---|---|---|---|---|
| 2024 | $14,007 | $673,000 | $166,300 | $506,700 |
| 2023 | $14,007 | $644,300 | $139,300 | $505,000 |
| 2022 | $15,079 | $597,800 | $116,800 | $481,000 |
| 2021 | $15,079 | $555,000 | $116,800 | $438,200 |
| 2020 | $6,227 | $227,600 | $94,300 | $133,300 |
| 2019 | $5,632 | $206,300 | $76,300 | $130,000 |
| 2018 | $6,227 | $224,400 | $85,300 | $139,100 |
| 2017 | $6,241 | $221,700 | $85,300 | $136,400 |
| 2016 | $6,060 | $219,900 | $85,300 | $134,600 |
| 2015 | $5,869 | $214,600 | $85,300 | $129,300 |
| 2014 | $5,968 | $219,000 | $85,300 | $133,700 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Piccinich
Seller's Agent in 2020
Laura Piccinich
Imperial Realty Properties
(732) 241-3165
2 in this area
53 Total Sales
-
Barry Weinstein
Buyer's Agent in 2020
Barry Weinstein
Weichert Realtors-Holmdel
(732) 715-1222
24 in this area
144 Total Sales
-
Vincent Alu
Seller's Agent in 2018
Vincent Alu
Lighthouse Realty of NJ, LLC
(732) 670-6565
2 in this area
182 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22029303
APN: 31-00001-0000-00012
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