NOT LISTED FOR SALE

303 Matutina Rd Monroe Township, NJ 08831

Estimated Value: $699,000 - $733,000

3 Beds
3.5 Baths
2,250 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $655,000 $291 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,720/month

6 Days on Market

Highlights

  • Home Theater
  • Deck
  • Wooded Lot
  • Oak Tree Elementary School Rated A
  • Property is near public transit
  • Granite Countertops

About This Home

As of March 2024

Welcome to this 2021 built charming townhome nestled in the heart of Monroe. Boasting three stories of modern comfort and convenience, this residence offers a perfect blend of space, style, and functionality. Upon entering, you'll be greeted by a bright and airy main level featuring a spacious rec room, ideal for entertaining guests or relaxing with family. This versatile space offers endless possibilities, whether you envision it as a cozy media room, a home office, or a play area for little ones. Ascend to the second floor, where the heart of the home awaits. The open-concept living area seamlessly connects the living room, dining area, and kitchen, creating a perfect setting for gatherings and everyday living. The well-appointed kitchen is a chef's delight, with sleek countertops, stainless steel appliances, ample cabinetry, and a convenient breakfast bar for casual dining. Sliding glass doors lead from the dining area to a private deck, perfect for enjoying morning coffee or alfresco dining in the serene outdoors backing to the woods. Retreat to the third floor, where rest and relaxation await in three comfortable bedrooms, including a luxurious master suite. The master bedroom boasts a tranquil ambiance, offering a peaceful escape at the end of the day. Pamper yourself in the en-suite master bath, complete with a dual vanity, large shower stall. Two additional bedrooms provide plenty of space for family members or guests, while a second full bath ensures convenience for all. Outside, enjoy the best of outdoor living with a private patio, perfect for summer barbecues or simply basking in the sunshine. The attached one-car garage provides added convenience, offering parking and additional storage space for your belongings. Conveniently located in Monroe, this townhome offers easy access to a wealth of amenities, including shopping, dining, parks, and top-rated schools. With its modern design, desirable features, and prime location, this townhome offers an exceptional opportunity to enjoy the best of suburban living. Don't miss your chance to make this your new home sweet home!

Last Agent to Sell the Property

Poornima Kapoor

RE/MAX FIRST REALTY, INC. Listed on: 02/01/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 2021

Lot Details

  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Interior Unit
  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Water Heater

Community Details

Overview

  • Association fees include amenities-some, common area maintenance, insurance, snow removal, trash, ground maintenance
  • Enclave At Monroe Subdivision

Building Details

  • Maintenance Expense $231

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,000

Year Built

Built in 2021

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Enclave at Monroe
  • Architectural Style: Middle Unit, Townhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Exhaust Fan, Kitchen Island, Pantry, Eat-in Kitchen
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Oven, Washer, Kitchen Exhaust Fan, Water Heater
  • Has Basement: Slab
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl-Linoleum
  • Interior Amenities: Entrance Foyer, Bath Full, Media Room, Other Room(s), Storage, Utility Room, Kitchen, Bath Half, Dining Room, Family Room, 3 Bedrooms, Laundry Room, Bath Main, Bath Second
  • Living Area: 2250
  • Stories: 3

Exterior Features

  • Lot Features: Near Shopping, Wooded, Near Public Transit
  • Exterior Features: Deck, Patio
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Garage, Attached, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Amenities-Some, Common Area Maintenance, Insurance, Snow Removal, Trash, Maintenance Grounds

Lot Info

  • Zoning: HD

Multi Family

  • Maintenance Expense: 231

Tax Info

  • Tax Annual Amount: 11000
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 8, 2024
Sold by
Vejendla Nagaraju and Vejendla Srilakshmi
Bought by
Venugopalan Mahendiran and Ranga Lavanya Ramachandran
Seller's Agent
Poornima Kapoor
RE/MAX FIRST REALTY, INC.
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Views
47
Current Estimated Value
$698,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,788
Avg. Annual Appreciation
4.93%
Original Mortgage
$556,750
Outstanding Balance
$550,155
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$150,194

Purchase Details

Closed on
Apr 26, 2021
Sold by
D R Horton Inc
Bought by
Vejendla Nagaraju and Voutla Srilaksnmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,789
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Venugopalan Mahendiran $655,000 Opportune Title
Vejendla Nagaraju $463,990 Title America Agency Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venugopalan Mahendiran $556,750
Previous Owner Vejendla Nagaraju $440,789
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $655,000 +0.8% $291 / Sq Ft
02/01/2024 02/01/24 For Sale $650,000 -- $289 / Sq Ft
Source: All Jersey MLS

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 $10,722 $395,200 $230,000 $165,200
2023 $10,722 $395,200 $230,000 $165,200
2022 $10,540 $395,200 $230,000 $165,200
2021 $995 $50,000 $50,000 $0
2020 $1,329 $50,000 $50,000 $0
2019 $1,299 $50,000 $50,000 $0
2018 $1,289 $50,000 $50,000 $0
2017 $1,269 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2407696R

All Jersey MLS

APN: 12-00006-0000-00037-1-C303