NOT LISTED FOR SALE

268 Main St Matawan, NJ 07747

Estimated Value: $489,000 - $658,000

4 Beds
2 Baths
1,878 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $460,000 $245 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,487/month

184 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Matawan Reg High School Rated A-
  • 2-minute walk to Terhune Park

About This Home

As of March 2021

Calling all investors !!! Your wait for this upgraded and well maintained 2 family FULLY occupied home in the heart of Matawan has ended.. Owner has spared no expense in remodeling this home which features a 1st floor apartment with 3 bedrooms, 1 bath, kitchen, dinette & Family room. 2nd floor has a large one bedroom 1 bath, eat-in kitchen, dinette & large living room. full yard with Firepit, koi pond, shed, two sitting areas, Paver walkways & patio. High efficiency heating & cooling, central air conditioning separate in both apartments. Long driveway with off street parking for 6 cars. Home has separate meters. Tenant pays all utilities except for water. Washer dryer in basement. Directly across from shopping & just steps from downtown Matawan, Train, NYC Bus, Routes 34 & GSP.

Last Agent to Sell the Property

Brian Lichtenthal

C21/ Mack Morris Iris Lurie License #1221194 Listed on: 07/20/2020

C21/ Mack Morris Iris Lurie

Last Buyer's Agent

William Kelleher

Goldstone Realty License #2081076

Goldstone Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,303

Year Built

  • Built in 1908

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 25 x 300

Parking

  • 6 Parking Spaces

Home Design

  • Duplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Matawan Avenue Middle School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: tenants property
  • Tenant pays for yard maintenance, water, snow removal, sewer, gas, electricity
  • Assessor Parcel Number 31-00041-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,303

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1908
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 300
  • Location Middle School: Matawan Avenue
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 6.0
  • Unit 1 Furnace: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No
  • Exclusions: tenants property

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: 25 x 300
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 31-00041-0000-00007
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Yard Maintenance, Water, Snow Removal, Sewer, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7303.0
  • Tax Other Annual Assessment Amount: 267500.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Feb 17, 2021
Sold by
Bell Properties Inc
Bought by
H A L E Brothers Realty Llc
Seller's Agent
Brian Lichtenthal
C21/ Mack Morris Iris Lurie
Buyer's Agent
William Kelleher
Goldstone Realty
List Price
$460,000
Sold Price
$460,000
Total Days on Market
184
Current Estimated Value
$613,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,145
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Sep 24, 2002
Sold by
Gorman Patrick
Bought by
Bellone Kathleen
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
H A L E Brothers Realty Llc $455,200 Tohickon Settlement Svcs Inc
Bellone Kathleen $188,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $460,000 0.0% $245 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
12/21/2020 12/21/20 Off Market $460,000 -- --
07/20/2020 07/20/20 For Sale $460,000 -- $245 / 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 $12,544 $589,400 $262,400 $327,000
2023 $12,544 $577,000 $253,400 $323,600
2022 $7,741 $491,400 $183,200 $308,200
2021 $5,747 $284,900 $153,500 $131,400
2020 $7,505 $274,300 $144,500 $129,800
2019 $7,303 $267,500 $140,900 $126,600
2018 $7,254 $261,400 $136,400 $125,000
2017 $7,038 $250,000 $127,400 $122,600
2016 $6,722 $243,900 $122,900 $121,000
2015 $6,170 $225,600 $109,400 $116,200
2014 $6,134 $225,100 $104,900 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22024554

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00041-0000-00007