NOT LISTED FOR SALE

23 Center St Unit 25 Matawan, NJ 07747

Estimated Value: $580,000 - $674,000

4 Beds
2 Baths
2,104 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $250,100 $119 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $4,406/month

13 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Storm Windows
  • Matawan Reg High School Rated A-
  • 2 Car Detached Garage
  • Multiple cooling system units

About This Home

As of July 2012

Just waiting for the smart buyer~live in one and rent the other! Also, a wonderful opportunity for the investor~fully tenant occupied with a significant cash flow! Bring your clients to see this very well maintained two family home w/separate utilities. Both units feature 2 generous bedrooms, 1 bath, spacious LR/DR combo and an eat-in kitchen w/ceramic tile. Hardwood floors throughout. Enjoy Summer BBQ's in your fenced backyard. Only minutes from train, bus, GSP, shopping, restaurants, beaches.

Last Agent to Sell the Property

Jackie Cossean

Heritage House Sotheby's International Realty License #0455078 Listed on: 05/05/2012

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,303

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 50x119
  • Street terminates at a dead end
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, water, snow removal, sewer, heat, gas, electricity
  • The owner pays for yard maintenance, garbage removal
  • Assessor Parcel Number 31000210000000060003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,303

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Dead End Street, Fenced Area, Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Reso Interior Features: Attic
  • Year Built: 1987
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X119
  • Location Middle School: Matawan Avenue
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Lot Description Dead End Street: Yes
  • Exterior Storm Door(s): Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 2.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Exterior Screens2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Storm Door(s), Storm Window, Screens, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Paved, On Street, Detached
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 50X119
  • Parcel #: 31000210000000060003
  • Zoning Description: Single Family

Rental Info

  • Tenant Pays: Hot Water, Water, Snow Removal, Sewer, Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance, Garbage Removal

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 8303.0
  • Tax Other Annual Assessment Amount: 342100.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Strathmore
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2025
Sold by
Mehrkens Norbert H and Tillett Sigrid S
Bought by
23-25 Center Street Llc
Total Days on Market
13
Current Estimated Value
$621,782

Purchase Details

Listed on
May 5, 2012
Closed on
Jul 1, 2012
Sold by
Mucci Giulio J and Cossean Douglas R
Bought by
Mehrkens Norbert H and Tilett Sigrid S
Seller's Agent
Jackie Cossean
Heritage House Sotheby's International Realty
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$250,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$187,500
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 1995
Sold by
Danielson Robert
Bought by
Mucci Giulio and Cossean Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.8%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
23-25 Center Street Llc -- None Listed On Document
23-25 Center Street Llc -- None Listed On Document
Mehrkens Norbert H $250,100 Chicago Title Ins Co
Mucci Giulio $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehrkens Norbert H $187,500
Previous Owner Mucci Giulio $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2012 07/30/12 Sold $250,100 -- $119 / 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 $11,146 $519,800 $301,500 $218,300
2023 $11,146 $512,700 $291,500 $221,200
2022 $10,118 $424,200 $213,500 $210,700
2021 $7,522 $372,400 $180,500 $191,900
2020 $9,852 $360,100 $170,500 $189,600
2019 $9,593 $351,400 $166,500 $184,900
2018 $9,549 $344,100 $161,500 $182,600
2017 $9,306 $330,600 $151,500 $179,100
2016 $8,907 $323,200 $146,500 $176,700
2015 $8,238 $301,200 $131,500 $169,700
2014 $8,232 $302,100 $126,500 $175,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21217180

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00021-0000-00006-03