$645,000
SOLD AUG 29, 2025

47 Fayette Ln Matawan, NJ 07747

3 Beds
2 Baths
1,852 Sq Ft
1961 Built

Recently Sold

$348 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Porch
  • Matawan Reg High School Rated A-
  • Converted Garage
  • Attached Garage

About This Home

As of August 2025

Whether you're looking to downsize to single-story living or simply want to take advantage of a rare opportunity, this well maintained expanded ranch home in the sought-after Strathmore community is not to be missed. Perfectly positioned on a beautiful corner lot, this property offers exceptional potential in a prime location.
Move right in and update at your own pace, or bring your vision and transform it into the home of your dreams. Inside, you'll find generous living space, including a spacious family room with a wood-burning fireplace — formerly a two-car garage — offering added comfort and versatility for today's lifestyle. Conveniently located close to neighborhood playground, shopping, restaurants, NJ Transit & all major routes.

Last Agent to Sell the Property

Patti Naparstek

Imperial Realty Properties License #0120300 Listed on: 07/25/2025

Last Buyer's Agent

Michael Sclafani

RE/MAX Central License #0901283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,140

Year Built

  • Built in 1961

Lot Details

  • Corner Lot

Home Design

  • Slab Foundation
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Converted Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Strathmore Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

  • Central Air
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0100101000000011

Community Details

Overview

  • No Home Owners Association
  • Strathmore Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,140

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Reso Association Amenities: Playground
  • Inclusions: Washer, Blinds/Shades, Dryer, Electric Cooking, Refrigerator, Fireplace Equipment
  • Subdivision Name: Strathmore
  • Architectural Style: Ranch, Expanded Ranch
  • Reso Other Structures: Shed
  • Year Built: 1961
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Location Middle School: Matawan Avenue
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Kitchen Sliding Door5: Yes
  • Common Elements Playground: Yes
  • Roof Timberline: Yes
  • Style Ranch: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Ceramic Tile3: Yes
  • Style Expanded Ranch: Yes
  • Garage Converted: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Total Bedrooms: 8
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Foundation Details: Slab
  • Patio And Porch Features: Porch - Open, Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Converted Garage, Paved, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Parcel #: 0100101000000011
  • Zoning Description: Residential, Single Family

MLS Schools

  • Elementary School: Strathmore
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2025
Closed on
Sep 10, 2025
Sold by
Torri Michael L and Torri Josephine
Bought by
Lefkowitz Joseph and Lefkowitz Nicole
Seller's Agent
Patti Naparstek
Imperial Realty Properties
Buyer's Agent
Michael Sclafani
RE/MAX Central
List Price
$615,000
Sold Price
$645,000
Premium/Discount to List
$30,000
4.88%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.32%
Original Mortgage
$516,000
Outstanding Balance
$516,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$117,358
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 Type Sale Price Title Company
Deed $645,000 Kelly Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $516,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $645,000 +4.9% $348 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $615,000 -- $332 / 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
2025 $11,140 $623,000 $445,400 $177,600
2024 $10,665 $551,200 $376,900 $174,300
2023 $10,665 $498,600 $328,400 $170,200
2022 $9,495 $420,000 $257,900 $162,100
2021 $9,495 $378,300 $234,100 $144,200
2020 $10,449 $385,000 $244,100 $140,900
2019 $10,343 $370,200 $230,100 $140,100
2018 $9,899 $355,200 $221,600 $133,600
2017 $9,228 $335,800 $201,600 $134,200
2016 $8,594 $326,400 $195,600 $130,800
2015 $9,052 $330,000 $202,600 $127,400
2014 $8,613 $320,200 $193,600 $126,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22522191

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00101-0000-00011