NOT LISTED FOR SALE

5 Pennsylvania Dr Unit C Matawan, NJ 07747

Old Bridge Township Area

Estimated Value: $281,000 - $316,000

2 Beds
1 Bath
-- Sq Ft
1968 Built

Sale Details

Date Sold: October 10, 2025

Last sale price $305,000

Est. 1% decrease in value since last sale

Current estimated payment $2,004 / mo

48 Days on Market

Highlights

  • Active Adult
  • Granite Countertops
  • Laundry Room
  • Attic
  • Breakfast Bar
  • Ceramic Tile Flooring

About This Home

As of October 2025

Welcome to one of the most beautifully renovated units in Cheesequake Village! From the moment you step into this unit you'll notice its unlike no other. From the brand new laminate flooring in the living room boasting chair rail molding, recessed lighting and the custom pass thru connecting the kitchen to the living space. Equipped with a custom laundry door and a newer gas stackable W/D. Kitchen is reconfigured and fully updated. From the new tile flooring, granite countertops, all new appliances, and custom cabinetry just add to the allure of this unit. Off the kitchen is the enclosed patio providing additional interior living space. FULLY updated bath with custom shower. Bedrooms also boast new flooring, new paint and lighting. DO NOT wait to tour this unit. It will not last!!

Last Agent to Sell the Property

John DeFrancesco

GOLDSTONE REALTY Listed on: 07/22/2025

GOLDSTONE REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,610

Year Built

  • Built in 1968

Home Design

  • Garden Apartment
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Additional Parking
  • Open Parking

Location

  • Property is near shops

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Active Adult
  • Association fees include amenities-some, management fee, common area maintenance, community bus, maintenance structure, snow removal, trash, ground maintenance
  • Cheesequake Village Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $185

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,610

Year Built

Built in 1968

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 1.00 x 1.00
  • Ownership: Condominium
  • Subdivision Name: Cheesequake Village
  • Architectural Style: Garden Apartment Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2nd Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Structure Type: Garden Apartment Style
  • Year Built: 1968
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar
  • Appliances: Self Cleaning Oven, Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Accessibility Features: Stall Shower
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: None, 2 Bedrooms, Kitchen, Laundry Room, Living Room, Bath Full, Family Room, Attic
  • Stories: 1

Exterior Features

  • Lot Features: Near Shopping
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Additional Parking, Asphalt

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Amenities-Some, Management Fee, Common Area Maintenance, Community Bus, Maintenance Structure, Snow Removal, Trash, Maintenance Grounds

Multi Family

  • Maintenance Expense: 185

Tax Info

  • Tax Annual Amount: 3610
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2025
Closed on
Oct 2, 2025
Sold by
Defrancesco John and Perez Steven
Bought by
Seller's Agent
John DeFrancesco
GOLDSTONE REALTY
List Price
$305,000
Sold Price
$305,000
Views
27
Current Estimated Value
$303,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,759
Avg. Annual Appreciation
-0.64%
Original Mortgage
$244,000
Outstanding Balance
$241,876
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$61,365

Purchase Details

Closed on
Apr 25, 2025
Sold by
Lavecchia Richard and Rose Ann
Bought by
Defrancesco John and Perez Steven

Purchase Details

Closed on
Jul 12, 2001
Sold by
Frazier Kimberly
Bought by
Lavecchia Richard and Rose Ann La Vecchia
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$307,500 Leo Fortis Title Agency
Defrancesco John $220,000 Wfg National Title
Lavecchia Richard $65,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $244,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Sold $305,000 0.0% --
07/22/2025 07/22/25 For Sale $305,000 -- --
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,973 $62,800 $18,000 $44,800
2025 $3,610 $62,800 $18,000 $44,800
2024 $3,468 $62,800 $18,000 $44,800
2023 $3,468 $62,800 $18,000 $44,800
2022 $3,360 $62,800 $18,000 $44,800
2021 $2,469 $62,800 $18,000 $44,800
2020 $3,265 $62,800 $18,000 $44,800
2019 $3,215 $62,800 $18,000 $44,800
2018 $3,176 $62,800 $18,000 $44,800
2017 $3,078 $62,800 $18,000 $44,800
2016 $3,016 $62,800 $18,000 $44,800
2015 $2,965 $62,800 $18,000 $44,800
2014 $2,934 $62,800 $18,000 $44,800
Source: Public Records

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Map

Source: All Jersey MLS

MLS Number: 2601221R

All Jersey MLS

APN: 15-03500-0000-00013-0000-C0456

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