NOT LISTED FOR SALE

447 Matthews Ln Jackson, NJ 08527

Estimated Value: $496,000 - $643,000

3 Beds
1 Bath
2,100 Sq Ft
$265/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $245,000 $117 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,526/month

18 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Home Office
  • Farmhouse Style Home
  • No HOA
  • Sitting Room

About This Home

As of November 2019

The Matthews farmhouse is back on the market as the buyer could not get financing. Built by one of the founding families in Jackson, it was the homestead to a thousand acre farm. The house has historic charm with updated amenities such as central air conditioning, city water & sewer & stainless steel appliances. It is located in North Jackson close to Rt 195, Rt 9, buses to NYC, alongside houses valued in the $500K range. It has 3 bedrooms upstairs and a bonus room off the kitchen with it's own entrance. Large plank knotty pine floors, antique brick, jacuzzi tub, & other touches create warmth to this home. The large level back yard has endless possibilities. While historic, the house is not registered, so it can be updated and expanded to suit the owners needs

Last Agent to Sell the Property

Betty Laboska

Keller Williams Realty West Monmouth License #9702371 Listed on: 09/30/2019

Keller Williams Realty West Monmouth

Last Buyer's Agent

Mary McArthur

RE/MAX Real Estate LTD.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1875

Lot Details

  • 0.45 Acre Lot
  • Historic Home

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Light Fixtures
  • Bay Window
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Home Office
  • Center Hall
  • Home Security System
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Cooktop
  • Stove
  • Range Hood

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Unfinished Basement

  • Dirt Floor
  • Laundry in Basement

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Old Mill Est Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-01503-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,304

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Other
  • Inclusions: Electric Cooking, Light Fixtures, Security System, Self/Con Clean, Stove, Stove Hood
  • Subdivision Name: Old Mill Est
  • Architectural Style: Historic, Farm House
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic, Center Hall, Dec Molding
  • New Construction: No
  • Year Built: 1875
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.45
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • Included SelfCon Clean: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Rooms Sitting: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Rooms Breakfast: Yes
  • Floors Tile: Yes
  • Kitchen BayBow Window4: Yes
  • Siding Cedar: Yes
  • Living Room Built-Ins2: Yes
  • Laundry Level Basement20: Yes
  • Style Historic: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished, Dirt Floor
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 12
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Office2: Yes
  • Basement:Dirt Floor: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.45
  • Waterfront: No
  • Construction Type: Cedar
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: 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

Lot Info

  • Lot Size Sq Ft: 19602.0
  • Parcel #: 12-01503-0000-00013
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5304.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Corallo Joseph Christopher and Taylor Mari
Bought by
Weiss Shlomo
Current Estimated Value
$556,011

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 15, 2019
Sold by
Scott Harold E and Scarborough Germaine M
Bought by
Corallo Joseph Christopher and August Taylor Marie
Seller's Agent
Betty Laboska
Keller Williams Realty West Monmouth
Buyer's Agent
Mary McArthur
RE/MAX Real Estate LTD.
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.43%
Original Mortgage
$240,562
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2005
Sold by
Scott Harold E and Scarborough Germaine M
Bought by
Scott Harold E and Scarborough Germaine M

Purchase Details

Closed on
Aug 24, 2001
Sold by
Friendship Manor Inc
Bought by
Scott Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,284
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1996
Sold by
Wells Dane B
Bought by
Friendship Manor
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
Weiss Shlomo $394,000 Madison Title
Corallo Joseph Christopher $245,000 Foundation Title Llc
Scott Harold E -- Coastal Title Agency Inc
Scott Harold $181,100 --
Friendship Manor $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner August Taylor M $304,000
Previous Owner August Taylor M $304,000
Previous Owner Corallo Joseph Christopher $240,562
Previous Owner Scott Harold E $75,500
Previous Owner Scott Harold $178,284
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $245,000 -- $117 / 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 $5,777 $225,400 $104,200 $121,200
2023 $5,660 $225,400 $104,200 $121,200
2022 $5,660 $225,400 $104,200 $121,200
2021 $5,588 $225,400 $104,200 $121,200
2020 $5,509 $225,400 $104,200 $121,200
2019 $5,434 $225,400 $104,200 $121,200
2018 $5,304 $225,400 $104,200 $121,200
2017 $5,175 $225,400 $104,200 $121,200
2016 $5,099 $225,400 $104,200 $121,200
2015 $5,011 $225,400 $104,200 $121,200
2014 $4,880 $225,400 $104,200 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21937247

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-01503-0000-00013