NOT LISTED FOR SALE

242 Broad St Matawan, NJ 07747

Estimated Value: $313,000 - $426,882

2 Beds
2 Baths
1,228 Sq Ft
$304/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $245,000 $200 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,695/month

8 Days on Market

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • Matawan Reg High School Rated A-
  • Forced Air Heating System
  • 1-minute walk to Terhune Park

About This Home

As of September 2021

Calling all investors, contractors and handymen to this 2 bedroom, 2 bathroom, left side attached duplex. Full basement in the heart of Matawan. This home features hardwood flooring underneath the carpet, living room, dining room, kitchen, full bath on first level, two generously sized bedrooms upstairs with another full bath and pull down access to attic storage. Great backyard with deck and driveway for two car parking. Close proximity to schools, downtown shopping, Lake Lefferts, train/ bus to NYC and Garden State Parkway. Steps to dining, entertainment and Terhune Park w/playground. Renovate and live in the home or use it as a great rental property! Being sold as is. Matawan School District!

Last Agent to Sell the Property

Jennifer Sabodish

Keller Williams Realty Central Monmouth License #1756695 Listed on: 07/01/2021

Keller Williams Realty Central Monmouth

Last Buyer's Agent

Justin Eberle

Coldwell Banker Res. Brokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,798

Year Built

  • Built in 1948

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 22 x 125
  • Irregular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,228 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Exterior Lighting

Schools

  • Ravine Drive Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 31-00039-0000-00029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,798

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: DUPLEX
  • ResoLotFeatures: Irregular Lot
  • Subdivision Name: None
  • Architectural Style: Attached Duplex, 2 Story
  • Reso Flooring: Cement
  • New Construction: No
  • Year Built: 1948
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.06
  • General Property Info Lot Dimensions: 22 x 125
  • General Property Info Farm: No
  • Location Middle School: Matawan Avenue
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Lot Description Irregular Lot: Yes
  • Garage None4: Yes
  • Style Attached Duplex: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Basement3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.06
  • Waterfront: No
  • Exclusions: PERSONAL PROPERTY
  • Exterior Features: Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 22 x 125
  • Lot Size Sq Ft: 2613.6
  • Parcel #: 31-00039-0000-00029
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5798.0

MLS Schools

  • Elementary School: Ravine Drive
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 27, 2021
Sold by
Lint Margaret
Bought by
Canberg Christopher and Lepkoski Allison M
Seller's Agent
Jennifer Sabodish
Keller Williams Realty Central Monmouth
Buyer's Agent
Justin Eberle
Coldwell Banker Res. Brokerage
List Price
$190,000
Sold Price
$245,000
Premium/Discount to List
$55,000
28.95%
Total Days on Market
8
Current Estimated Value
$372,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,971
Avg. Annual Appreciation
12.06%
Original Mortgage
$183,750
Outstanding Balance
$169,370
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$203,601

Purchase Details

Closed on
Aug 11, 1980
Bought by
Johnson Edwin C and Johnson Alvina M
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
Canberg Christopher $245,000 Trident Abstract Ttl Agcy Ll
Johnson Edwin C $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canberg Christopher $183,750
Previous Owner Johnson Alvina M $397,500
Previous Owner Johnson Alvina M $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $245,000 +28.9% $200 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $190,000 -- $155 / 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 $7,216 $341,700 $263,100 $78,600
2023 $7,216 $331,900 $254,100 $77,800
2022 $6,024 $258,000 $183,900 $74,100
2021 $4,461 $221,700 $154,200 $67,500
2020 $5,798 $211,900 $145,200 $66,700
2019 $5,643 $206,700 $141,600 $65,100
2018 $5,575 $200,900 $137,100 $63,800
2017 $5,365 $190,600 $128,100 $62,500
2016 $5,107 $185,300 $123,600 $61,700
2015 $4,633 $169,400 $110,100 $59,300
2014 $4,548 $166,900 $105,600 $61,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22119944

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00039-0000-00029