$200,000
SOLD JAN 10, 2018

16 Main St Matawan, NJ 07747

-- Bed
-- Bath
1,796 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

659 Days on Market

Highlights

  • 2 Car Garage
  • 2-minute walk to Aberdeen Matawan
  • Heating System Uses Natural Gas
  • Matawan Reg High School Rated A-

About This Home

As of October 2020

MOTIVATED, PRESENT ALL OFFERS!!!...LEGAL 2 FAMILY IN GREAT LOCATION...STEPS TO MATAWAN TRAIN STATION...AT LEAST 2 BEDROOMS IN EACH UNIT WITH A POSSIBILITY TO CONVERT INTO 2 - 3 BEDROOM UNITS...AN OVERSIZED DETACHED GARAGE COULD MAKE FOR EVEN MORE RENTAL INCOME...LARGE REAR PROPERTY OFFERS LOADS OF OFF STREET PARKING...FULL BASEMENT...SEPERATE GAS AND ELECTRIC METERS...SELLER IS MOTIVATED AND NEGOTIABLE ON PRICE, SOLD AS IS.

Last Agent to Sell the Property

Vincent Alu

Lighthouse Realty of NJ, LLC License #0017779 Listed on: 05/28/2015

Last Buyer's Agent

Vincent Alu

Lighthouse Realty of NJ, LLC License #0017779 Listed on: 05/28/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,691

Lot Details

  • Lot Dimensions are 40x160

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Matawan Avenue Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 31-00001-0000-00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,691

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40X160
  • Location Middle School: Matawan Avenue
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 6.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 40X160
  • Parcel #: 31-00001-0000-00012

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5691.0

Multi Family

  • Number Of Units Total: 2

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
RE/MAX Imperial
Buyer's Agent
Barry Weinstein
Weichert Realtors-Holmdel
List Price
$579,000
Sold Price
$628,000
Premium/Discount to List
$49,000
8.46%
Current Estimated Value
$796,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,663
Avg. Annual Appreciation
5.12%
Original Mortgage
$314,000
Outstanding Balance
$281,954
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$514,709

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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $628,000 Fidelity National Title
Deed $200,000 Chicago Title
Bargain Sale Deed $270,000 Agent For Old Republic Nat
Bargain Sale Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,000 New Conventional
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

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 $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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21520762

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00001-0000-00012