NOT LISTED FOR SALE

289 Broad St Matawan, NJ 07747

Estimated Value: $445,000 - $612,523

2 Beds
2 Baths
2,150 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $450,000 $209 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,998/month

142 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • No HOA
  • Matawan Reg High School Rated A-
  • Attic
  • Covered patio or porch

About This Home

As of February 2024

JUST REDUCED!! SO MUCH room for expansion in this 2150 square foot home with FULL walk-up attic and FULL high basement! HOME SWEET HOME describes this mid-century, truly well-loved and absolutely spotless brick/stucco Cape Cod! This is the first time 289 Broad St has been on the market since it was custom built in 1953. This gorgeous home has been owned by ONE FAMILY all these years, and is truly cherished! Take in the wonderfully large spacious living room, with a wood burning fireplace topped by a gorgeous wood mantel with dental molding, and a classic brick front. In fact, note the fabulous molding throughout the entire home, crafted in the best way! The dining room flow into the adjoining rooms is just perfect. The Living room has a side door to the open porch, just lovely and private also. The dining room has hosted many close knit family parties, and you can almost 'feel' that walking throughe dining room has hosted many close knit family parties, and you can almost 'feel' that walking through. Speaking of the kitchen.... charming is an understatementDoes it need updating, sure it does, but it is in move-in mid century ready, if you so desire! Hardwood floors throughout this home have been preserved, protected, and are in GREAT condition! You can tell the minute you walk in, that this is a super special home! It's like a step back in time, unpack and relish in this home before you decide to make your changes. I bet you will want to keep and capture the classic feel, as you move forward. Anyone who values solid construction, who loves mid-century classics, this is the home for you. The beautifully sized bedrooms have that chair in the corner, lending itself to a great book on a cold winter night. I know the chairs don't stay but I want the buyer to 'take it all in.' The kitchen and two bathrooms have that meticulous tilework from the craftsmen of that mid-century era. If I were to move into that house, I would not change too much, it is like visiting a bed & breakfast and stepping back in time. The moldings and built-in shelf for the phone are a part of the hallway between the two bedrooms, even that is just lovely. Don't miss the full walk-up attic, with wide steps and plank floors throughout the attic, great for storage. However, this area would be a great space to finish for extra bedrooms or home office. This home does not have central air, but because of the walk-up attic, it would be easy to install. Believe it or not, the ONE window air conditioner in the living room cools the entire home, this is how well insulated and well-built this home is! The basement is full, large and open, with Bilco doors to the backyard. There is a 2nd bath in the basement which I did not include on this listing, as it hasn't been used in years, however you'll find it behind a door towards the back of the house. Don't miss this home, it is something to see, to experience and possibly own. 289 Broad St just may touch your heart, as it did mine.

Last Listed By

Bonnie Ambrosia

Better Homes and Gardens Real Estate Murphy & Co. License #9590326 Listed on: 08/15/2023

Better Homes and Gardens Real Estate Murphy & Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,493

Year Built

  • Built in 1953

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 70 x 234

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Craftsman Architecture
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,150 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Storm Doors
  • Eat-In Kitchen
  • Dryer

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Schools

  • Matawan Avenue Middle School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal items, dining room chandelier.
  • Assessor Parcel Number 31-00050-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,493

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units, Water Softener, Dryer, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom, Detached, Cape, Craftsman
  • Reso Interior Features: Attic - Walk Up, Built-Ins, Dec Molding
  • Year Built: 1953
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.38
  • General Property Info Lot Dimensions: 70 x 234
  • Location Middle School: Matawan Avenue
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Number Appliances Included A C Units: Yes
  • Exterior Storm Door(s): Yes
  • Style Cape: Yes
  • Dining Room Dec Molding4: Yes
  • Cooling None12: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Interior Attic - Walk Up: Yes
  • SidingStucco: Yes
  • Rooms Attic2: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Other Rooms:Basement3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.38
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal items, dining room chandelier.
  • Exterior Features: Porch - Open, Storm Door(s), Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Included Water Softener: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 70 x 234
  • Lot Size Sq Ft: 16552.8
  • Parcel #: 31-00050-0000-00007

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10493.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Feb 16, 2024
Sold by
Demaio Andrew J
Bought by
Harden Justin and Ignatchenko Inna
Seller's Agent
Bonnie Ambrosia
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
John Lattanzio
RE/MAX Competitive Edge
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%
Total Days on Market
142
Views
409
Current Estimated Value
$554,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,631
Avg. Annual Appreciation
12.21%
Original Mortgage
$412,087
Outstanding Balance
$408,003
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$109,294

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
Harden Justin $450,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harden Justin $412,087
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $450,000 -10.0% $209 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
11/09/2023 11/09/23 Price Changed $499,900 -8.9% $233 / Sq Ft
08/15/2023 08/15/23 For Sale $549,000 -- $255 / 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 $10,896 $512,600 $287,500 $225,100
2023 $10,896 $501,200 $278,500 $222,700
2022 $9,320 $420,400 $208,300 $212,100
2021 $6,733 $371,900 $178,600 $193,300
2020 $9,863 $360,500 $169,600 $190,900
2019 $9,615 $352,200 $166,000 $186,200
2018 $9,882 $356,100 $161,500 $194,600
2017 $9,667 $343,400 $152,500 $190,900
2016 $9,271 $336,400 $148,000 $188,400
2015 $8,626 $315,400 $134,500 $180,900
2014 $8,641 $317,100 $130,000 $187,100
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22322682

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00050-0000-00007