5 Lola Ln Matawan, NJ 07747
4
Beds
2.5
Baths
1,680
Sq Ft
0.3
Acres
Highlights
- Concrete Pool
- Colonial Architecture
- Attic
- Matawan Reg High School Rated A-
- Wood Flooring
- No HOA
About This Home
As of April 2025Nestled on a quiet cul-de-sac in the heart of Matawan, this well-maintained split-level home offers nearly 1,700 sq. ft. of comfortable living space with a versatile layout perfect for any lifestyle. Whether you're a first-time homebuyer, an investor, or looking to downsize, this property presents an incredible opportunity in a prime commuter-friendly location! Built in 1971, this 4-bedroom, 2.5-bathroom home has a thoughtful floor plan that maximizes space and functionality The first level features a spacious family room (which can easily be converted into another bedroom), a convenient first-floor bedroom, a half bath, and a dedicated laundry area. On the second level, enjoy an open-concept living space with a generously sized eat in kitchen, complete with a breakfast island, seamlessly flowing into the living & dining room; ideal for entertaining and everyday living. Just six steps up to the third level, you'll find a full guest bathroom and two well-appointed bedrooms. The primary suite includes its own en-suite bath for added privacy. Originally designed as a three-bedroom level, one of the bedrooms was expanded but can easily be converted back by adding a half wall. The full basement has been upgraded with new windows and sheetrock, offering a blank slate for your personal touch - perfect for a home office, playroom, gym or plain additional storage. The home also includes a two-car garage with direct entry, new gutters, and an inground concrete pool (pool sold as is) Commuters will love the convenience of the bus stop at the top of the street and easy access to the Aberdeen/Matawan Train Station, just 2 miles away; providing express direct service to NYC's Penn Station. Located in the highly rated Matawan School District, this home is just minutes from local shopping, restaurants and recreational spots - including the picturesque Lake Lefferts! Lake Lefferts, with it's new awesome floating pier) offers summer activities such as waterfront dining, rentals and the towns 4th of July firework display. You definitely don't want to miss out on this incredible opportunity to own a home in one of Monmouth County's most desirable areas. In 2024, Matawan was named the safest city in New Jersey with the lowest property crime rate! Friendly, safe, centralized Matawan - you couldn't ask for more! Welcome home!
Last Agent to Sell the Property
Keller Williams Realty Central Monmouth License #1756695 Listed on: 02/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,950
Year Built
- Built in 1971
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 113 x 114
- Cul-De-Sac
- Fenced
Parking
- 2 Car Direct Access Garage
- Driveway
- On-Street Parking
Home Design
- Colonial Architecture
- Split Level Home
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,680 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Laundry Room
- Attic
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Stove
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on third floor
- Primary Bathroom is a Full Bathroom
- Primary Bathroom includes a Walk-In Shower
Pool
- Concrete Pool
- In Ground Pool
- Outdoor Pool
Schools
- Matawan Avenue Middle School
- Matawan Reg High 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 31-00122-0000-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2025
Closed on
Apr 13, 2025
Sold by
Keller Christian P and Keller Latasha D
Bought by
Geres George and Geres Amy
Seller's Agent
Jennifer Sabodish
Keller Williams Realty Central Monmouth
Buyer's Agent
George Awadalla
Keller Williams Realty West Monmouth
List Price
$540,000
Sold Price
$595,000
Premium/Discount to List
$55,000
10.19%
Views
461
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$701
Avg. Annual Appreciation
-0.32%
Original Mortgage
$584,223
Outstanding Balance
$582,154
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$12,145
Purchase Details
Closed on
Jan 25, 2021
Sold by
Keller Michael
Bought by
Keller Christian P and Keller Latasha D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 2017
Sold by
Keller Michael and Keller Nina
Bought by
Keller Michael
Purchase Details
Closed on
May 12, 2000
Sold by
Dimian Baligh
Bought by
Keller Michael and Keller Nina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.1%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $595,000 | Mega Title | |
| Deed | $400,000 | Armour Settlement | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $584,223 | FHA | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $196,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $595,000 | +10.2% | $354 / Sq Ft |
| 02/19/2025 02/19/25 | Pending | -- | -- | -- |
| 02/08/2025 02/08/25 | For Sale | $540,000 | -- | $321 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $10,950 | $531,900 | $310,300 | $221,600 |
| 2024 | $10,648 | $501,600 | $325,300 | $176,300 |
| 2023 | $10,648 | $489,800 | $315,300 | $174,500 |
| 2022 | $9,664 | $403,500 | $237,300 | $166,200 |
| 2021 | $9,664 | $355,700 | $204,300 | $151,400 |
| 2020 | $9,754 | $356,500 | $194,300 | $162,200 |
| 2019 | $9,514 | $348,500 | $190,300 | $158,200 |
| 2018 | $9,477 | $341,500 | $185,300 | $156,200 |
| 2017 | $9,247 | $328,500 | $175,300 | $153,200 |
| 2016 | $8,861 | $321,500 | $170,300 | $151,200 |
| 2015 | $8,219 | $300,500 | $155,300 | $145,200 |
| 2014 | $8,189 | $300,500 | $150,300 | $150,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Sabodish
Seller's Agent in 2025
Jennifer Sabodish
Keller Williams Realty Central Monmouth
(732) 796-5033
51 in this area
103 Total Sales
-
George Awadalla
Buyer's Agent in 2025
George Awadalla
Keller Williams Realty West Monmouth
(732) 485-2266
1 in this area
30 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22503121
APN: 31-00122-0000-00003
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