NOT LISTED FOR SALE

347 Forrest Ave Matawan, NJ 07747

Estimated Value: $695,000 - $743,000

4 Beds
3 Baths
2,408 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $640,000 $266 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,891/month

15 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Eat-In Kitchen
  • Matawan Reg High School Rated A-
  • No HOA
  • In-Law or Guest Suite

About This Home

As of September 2023

Discover this beautifully renovated mother and daughter home, blending modern updates with timeless elegance. This stunning property, with fresh paint, and hardwood floors, offers a great layout. The renovated kitchens with custom cabinetry and granite countertops are a chef's dream. The downstairs living space offers a spacious bedroom, living room, kitchen and full bath. The Upstairs features 3 great size bedrooms, 2 full baths, living room dining room and eat in kitchen. Outside, enjoy the serene backyard with a spacious deck and lush landscaping. Additional features include separate entrances, ample storage, and a two-car garage. Don't miss this versatile and stylish home in great and quiet neighborhood. A must see!

Last Agent to Sell the Property

Romina Scandroglio

Keller Williams Metropolitan License #0898227 Listed on: 07/27/2023

Keller Williams Metropolitan

Last Buyer's Agent

Jennifer Boncic

RE/MAX Homeland Realtors License #1859616

RE/MAX Homeland Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,641

Lot Details

  • 0.34

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Matawan Avenue Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2231-00090-0000-00004-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,641

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Bi-Level
  • Reso Interior Features: In-Law Suite
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Farm: No
  • Location Middle School: Matawan Avenue
  • Style Bi-Level: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • ExteriorDeck: Yes
  • Interior In-Law Suite: Yes
  • Kitchen Eat-In: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:None2: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath Walk-in Closet2: Yes
  • Primary Bath Floor - Wood7: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Parcel #: 2231-00090-0000-00004-0000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 11641.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 11, 2023
Sold by
Djencic Dzafer and Djencic Musa
Bought by
Klausman Nicole and Cavigliano Ronald M
Seller's Agent
Romina Scandroglio
Keller Williams Metropolitan
Buyer's Agent
Jennifer Boncic
RE/MAX Homeland Realtors
List Price
$639,000
Sold Price
$640,000
Premium/Discount to List
$1,000
0.16%
Views
512
Current Estimated Value
$715,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,391
Avg. Annual Appreciation
6.00%
Original Mortgage
$455,840
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 2, 2021
Closed on
Mar 22, 2022
Sold by
Federal National Mortgage Association
Bought by
Djencic Musa and Djencic Dzafer
Seller's Agent
Bruce Parker
BEST REALTY
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.01%
Original Mortgage
$264,550
Interest Rate
3.69%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2004
Sold by
Monello Mario
Bought by
Mcdermott Elizabeth and Baumgardner Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.32%

Purchase Details

Closed on
Apr 9, 2003
Sold by
Chiappisi Jerome
Bought by
Monello Mario

Purchase Details

Closed on
Mar 14, 1997
Sold by
Califano Marie
Bought by
Chiappisi Jerome and Chaippisi Letezia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.55%
Source: Public Records

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
Klausman Nicole $640,000 Fidelity National Title
Djencic Musa $385,000 Servicelink
Mcdermott Elizabeth $310,000 --
Monello Mario $265,000 --
Chiappisi Jerome $161,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klausman Nicole $533,984
Closed Klausman Nicole $455,840
Previous Owner Djencic Musa $264,550
Previous Owner Baumgardner Jay $100,000
Previous Owner Baumgardner Jay $271,000
Previous Owner Mcdermott Elizabeth $243,750
Previous Owner Chiappisi Jerome $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $640,000 +0.2% $266 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $639,000 +66.0% $265 / Sq Ft
03/18/2022 03/18/22 Sold $385,000 0.0% $160 / Sq Ft
11/02/2021 11/02/21 For Sale $385,000 -- $160 / 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 $11,918 $576,100 $315,000 $261,100
2023 $11,918 $548,200 $306,000 $242,200
2022 $11,308 $466,400 $235,800 $230,600
2021 $8,422 $416,200 $206,100 $210,100
2020 $11,073 $404,700 $197,100 $207,600
2019 $10,808 $395,900 $193,500 $202,400
2018 $10,792 $388,900 $189,000 $199,900
2017 $10,584 $376,000 $180,000 $196,000
2016 $10,170 $369,000 $175,500 $193,500
2015 $9,510 $347,700 $162,000 $185,700
2014 $9,527 $349,600 $157,500 $192,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22320459

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00090-0000-00004