$801,000
SOLD APR 14, 2026

259 Matawan Ave Matawan, NJ 07747

5 Beds
2 Baths
2,288 Sq Ft
7,405 Sq Ft Lot Lot

Sale Details

Date Sold: April 14, 2026

$350 Per Sq Ft

11% Below List Price

24 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of April 2026

LOCATION LOCATION LOCATION - CASH COW INVESTMENT PROPERTY GENERATING $5,575/ MONTH OF RENT. COMPLETELY UPDATED DUPLEX ON OVERSIZED 50X150 LOT (POTENTIAL SUB DIVISION) 25 MINUTES TO THE NEW NETFLIX HEADQUARTERS LOCATED IN EATONTOWN. OVERSIZED CORNER LOT. 3 BEDROOMS 1 BATH UNIT 1 AND 2 BEDROOM 1 BATH UNIT 2. PREPARE TO BE AMAZED! SHORT DRIVE TO TRAIN STATION & FERRY! RENT ROLL $2975 UNIT 1, $2600 UNIT 2. EXPENSES: INSURANCE $1400, TAXES $9,000 .NOI $56,500. NOT IN A FLOOD ZONE!

Last Agent to Sell the Property

Kyle Golden

C21 Thomson & Co. License #1646836 Listed on: 02/03/2026

Last Buyer's Agent

DAMARYS COVER

Fox & Foxx Realty License #2183530

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,140

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • No Garage

Home Design

  • Duplex

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Matawan Avenue Middle School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 31-00096-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,140

Year Built

Built in 1950

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Year Built: 1950
  • Contract Info List PriceSqFt: 371.07
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Matawan Avenue
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Walk-Out Access: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 31-00096-0000-00002

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11140.0
  • Tax Other Annual Assessment Amount: 533800.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
Jul 3, 2025
Sold by
Knapp Kenneth H and Lackey Kenneth J
Bought by
259 Matawan Investments Llc
Seller's Agent
Tim Shaak
Folk Agency
Buyer's Agent
Kyle Golden
C21 Thomson & Co.
List Price
$499,000
Sold Price
$499,000
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.02%

Purchase Details

Closed on
Jan 30, 2025
Sold by
Stryker Roger J
Bought by
Lackey Kenneth J and Knapp Kenneth H

Purchase Details

Closed on
Apr 22, 2008
Sold by
Reid Joseph and Reid Maren M
Bought by
Stryker Roger J and Knapp Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deed $499,000 Chicago Title
Deed $499,000 Chicago Title
Deed $15,000 None Listed On Document
Deed $15,000 None Listed On Document
Deed $345,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $276,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2026 04/14/26 Sold $801,000 -5.7% $350 / Sq Ft
02/27/2026 02/27/26 Pending -- -- --
02/18/2026 02/18/26 Price Changed $849,000 -5.6% $371 / Sq Ft
02/03/2026 02/03/26 For Sale $899,000 0.0% $393 / Sq Ft
10/03/2025 10/03/25 Rented $35,700 +1100.0% --
10/01/2025 10/01/25 Under Contract -- -- --
09/11/2025 09/11/25 Price Changed $2,975 -4.0% $1 / Sq Ft
08/12/2025 08/12/25 Price Changed $3,100 -3.1% $1 / Sq Ft
07/15/2025 07/15/25 For Rent $3,200 0.0% --
07/01/2025 07/01/25 Sold $499,000 0.0% $218 / Sq Ft View Prior Sale
04/01/2025 04/01/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $499,000 -- $218 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2025 $10,727 $533,800 $260,100 $273,700
2024 $10,437 $491,400 $273,600 $217,800
2023 $10,437 $480,100 $264,600 $215,500
2022 $9,556 $399,700 $194,400 $205,300
2021 $7,107 $351,700 $164,700 $187,000
2020 $9,316 $340,500 $155,700 $184,800
2019 $9,072 $332,300 $152,100 $180,200
2018 $9,033 $325,500 $147,600 $177,900
2017 $8,814 $313,100 $138,600 $174,500
2016 $8,442 $306,300 $134,100 $172,200
2015 $7,647 $279,600 $120,600 $159,000
2014 $7,644 $280,500 $116,100 $164,400
Source: Public Records

Agents Affiliated with this Home

  • Kyle Golden

    Seller's Agent in 2026

    Kyle Golden

    C21 Thomson & Co.

    (201) 400-5427

    3 in this area

    136 Total Sales

    Kyle Golden
    Section Image
  • DAMARYS COVER

    Buyer's Agent in 2026

    DAMARYS COVER

    Fox & Foxx Realty

    (848) 266-0038

    1 in this area

    10 Total Sales

    DAMARYS COVER
    Section Image

  • T

    Seller's Agent in 2025

    Tim Shaak

    Folk Agency

    (732) 312-6512

    2 in this area

    23 Total Sales

    Tim Shaak
    Section Image

  • K

    Buyer's Agent in 2025

    Kim Ridolfi

    C21 Thomson & Co.

    (732) 865-2036

    9 Total Sales

    Kim Ridolfi
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22602987

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00096-0000-00002

New Jersey Monmouth County Matawan 07747

259 Matawan Ave, Matawan, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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