NOT LISTED FOR SALE

242 Main St Matawan, NJ 07747

Estimated Value: $466,000 - $534,000

3 Beds
2 Baths
1,362 Sq Ft
$373/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $410,000 $301 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,674/month

106 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Oversized Lot
  • Matawan Reg High School Rated A-
  • No HOA
  • 1-minute walk to Terhune Park

About This Home

As of August 2022

Welcome , fully renovated home in desirable Matawan Township. A covered front porch greets you to this lovely home. As you enter the house there is a generous size family room with brand new hardwood flooring, which leads to a formal dining room and the kitchen. This amazing kitchen has been completely remodeled with upgraded cabinets, stainless steel range hood, dishwasher, refrigerator, large stainless-steel sink and beautiful quartz countertop and modern light fixtures. The kitchen has a 2nd entrance from the side yard. This floor completes with a bedroom and a full bathroom which is tastefully updated. The 2nd floor offers two bedrooms with plenty of closet space,

Last Listed By

Ranbir Singh

Compass New Jersey , LLC License #1110693 Listed on: 06/03/2022

Compass New Jersey , LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,089

Year Built

  • Built in 1908

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 48 x 152
  • Oversized Lot

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Linoleum
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Schools

  • Matawan Avenue Middle School

Utilities

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

Additional Features

  • Energy-Efficient Appliances
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 31-00029-0000-00036

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,089

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: AC Units, Washer, Dryer, Microwave, Stove, Refrigerator, Garage Door Opener
  • Subdivision Name: None
  • Architectural Style: Colonial, 2 Story
  • Reso Flooring: Vinyl, Wood, Other
  • Year Built: 1908
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 48 x 152
  • Location Middle School: Matawan Avenue
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Number Appliances Included A C Units: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Foyer Fireplace - Woodburning: Yes
  • Kitchen Floor - Laminate2: Yes
  • Parking Oversized2: Yes
  • Foyer Floor - Ceramic: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Open: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 48 x 152
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 31-00029-0000-00036
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8089.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 29, 2022
Sold by
Mg Investors Llc
Bought by
Wechsler Deborah
Seller's Agent
Ranbir Singh
Compass New Jersey , LLC
Buyer's Agent
Barry Weinstein
Weichert Realtors-Holmdel
List Price
$439,900
Sold Price
$410,000
Premium/Discount to List
-$29,900
-6.8%
Total Days on Market
106
Views
2
Current Estimated Value
$508,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,415
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Mar 12, 2021
Sold by
Bhambra Tarlochan S
Bought by
Mg Inyestors Llc

Purchase Details

Closed on
Nov 2, 2006
Sold by
Berkley Partners Llc
Bought by
Bhambra Tarlochan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Boyce Hazel S
Bought by
Berkeley Partners Llc

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
Wechsler Deborah $410,000 Fidelity National Title
Mg Inyestors Llc $225,000 Investors First Title Agency
Bhambra Tarlochan S $285,000 None Available
Berkeley Partners Llc $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wechsler Deborah $75,000
Previous Owner Bhambra Tarlochan S $200,000
Previous Owner Bhambra Tarlochan S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $410,000 -6.8% $301 / Sq Ft
08/09/2022 08/09/22 For Sale $439,900 0.0% $323 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
03/06/2022 03/06/22 For Sale $439,900 -- $323 / 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 $10,257 $464,900 $262,200 $202,700
2023 $10,257 $471,800 $271,200 $200,600
2022 $8,089 $316,900 $201,400 $115,500
2021 $8,089 $297,700 $192,400 $105,300
2020 $7,986 $291,900 $187,900 $104,000
2019 $7,406 $271,300 $169,900 $101,400
2018 $6,707 $241,700 $138,400 $103,300
2017 $6,621 $235,200 $133,900 $101,300
2016 $6,198 $224,900 $124,900 $100,000
2015 $5,795 $211,900 $115,900 $96,000
2014 $5,987 $219,700 $120,400 $99,300
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22206192

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00029-0000-00036