NOT LISTED FOR SALE

38 Gerard Ave Matawan, NJ 07747

Estimated Value: $698,000 - $777,000

5 Beds
4 Baths
2,013 Sq Ft
$372/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $470,000 $233 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,120/month

37 Days on Market

Highlights

  • Custom Home
  • No HOA
  • Forced Air Heating and Cooling System
  • Matawan Reg High School Rated A-
  • Ceiling height of 9 feet on the upper level
  • 3-minute walk to Oakshades Park

About This Home

As of December 2019

Completely Remodeled Custom 5-6 bedroom 4 bath. Open floor plan with a gourmet kitchen with white cabinetry granite counter tops leads to family room and dining. Huge Master suite with gas fireplace, vaulted ceiling, heated floors is amazing, 2 car garage at the end of a circle driveway and a private 5k SQF backyard. Commuters Dream location GSP minutes away!! This location is ideal for commuters, less than half a mile from Aberdeen-Matawan station. You'll need to see it for yourself!

Last Agent to Sell the Property

Maksim Kats

Formula Realty, LLC License #1642738 Listed on: 09/23/2019

Last Buyer's Agent

Sylvana Mark

RE/MAX Champions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,561

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 35 x 138

Parking

  • 2 Car Garage

Home Design

  • Custom Home
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Ceiling height of 9 feet on the upper level
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Matawan Avenue Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01-00268-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,561

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Interior Features: Ceilings - 9Ft+ 2nd Flr
  • Year Built: 1935
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 35 x 138
  • Location Middle School: Matawan Avenue
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 35 x 138
  • Parcel #: 01-00268-0000-00013

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6561.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Dec 19, 2019
Sold by
38 Gerard Realty Llc
Bought by
Klapakis Antonios and Hadjiavraam Christiana
Seller's Agent
Maksim Kats
Formula Realty, LLC
Buyer's Agent
Sylvana Mark
RE/MAX Champions
Sold Price
$470,000
Current Estimated Value
$749,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,343
Avg. Annual Appreciation
8.20%
Original Mortgage
$382,580
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 3, 2019
Closed on
Apr 9, 2019
Sold by
Mtglq Investors Lp
Bought by
38 Gerard Realty Llc
Seller's Agent
Michael Rosen
Coldwell Banker Realty
Buyer's Agent
Michael Rosen
Coldwell Banker Realty
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
251.54%

Purchase Details

Closed on
Jul 12, 2018
Sold by
Rowland Ted and Rowland Elba
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Apr 25, 1995
Sold by
Murray Sheron
Bought by
Rowland Ted and Rowland Elba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage
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
Klapakis Antonios $470,000 All Ahead Title Agency
38 Gerard Realty Llc $205,000 None Available
Mtglq Investors Lp $1,000 None Available
Rowland Ted $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klapakis Antonios $382,580
Previous Owner Rowland Ted $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2019 12/20/19 Sold $470,000 +129.3% $233 / Sq Ft
04/23/2019 04/23/19 Sold $205,000 -- $102 / Sq Ft View Prior Sale
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
2025 $14,048 $738,300 $310,100 $428,200
2024 $12,855 $695,100 $274,800 $420,300
2023 $12,855 $601,000 $198,900 $402,100
2022 $13,072 $548,000 $165,100 $382,900
2021 $13,072 $483,600 $126,000 $357,600
2020 $6,560 $241,700 $119,700 $122,000
2019 $6,859 $245,500 $124,200 $121,300
2018 $6,561 $235,400 $119,700 $115,700
2017 $6,249 $227,400 $115,200 $112,200
2016 $5,840 $221,800 $112,500 $109,300
2015 $5,884 $214,500 $108,000 $106,500
2014 $5,630 $209,300 $103,500 $105,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21939117

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00268-0000-00013