NOT LISTED FOR SALE

504 Morristown Rd Matawan, NJ 07747

Estimated Value: $387,000 - $605,000

4 Beds
1.5 Baths
1,254 Sq Ft
$413/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $300,000 $239 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,338/month

11 Days on Market

Highlights

  • Cape Cod Architecture
  • Workshop
  • No HOA
  • Old Bridge High School Rated A-
  • Terrace
  • 1 Car Direct Access Garage

About This Home

As of December 2020

Great opportunity for investors, construction, landscaping or auto business owners. This 4 bedroom cape was lovingly built 3 generations ago and the property and home has been in the family ever since. The value is in the many uses this property has to offer. The bones are good, it just needs some TLC! Being sold completely as is, buyer is responsible to obtain CO and instructed to do own due diligence with inspections and with the town. Zoned residential but plenty of room for work vehicles and equipment. Great work space in the garage and full basement. If you are looking for an affordable fixer upper on a generous piece of land, then this could be your chance! Home is occupied, but easy to show! Call today for more info!

Last Agent to Sell the Property

Carissa Marshall

Berkshire Hathaway HomeServices Fox & Roach - Holmdel License #1434437 Listed on: 10/09/2020

Berkshire Hathaway HomeServices Fox & Roach - Holmdel

Last Buyer's Agent

Lisa Celestre

Keller Williams Realty West Monmouth License #1536483

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,337

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 188x145
  • Fenced
  • Oversized Lot
  • Irregular Lot

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Workshop in Garage
  • Gravel Driveway
  • Unpaved Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Light Fixtures

Kitchen

  • Electric Cooktop
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Workshop

Outdoor Features

  • Terrace

Schools

  • Memorial Elementary School
  • Carl Sandburg Middle School
  • Old Bridge High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 15-03230-0000-00036-13

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,337

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Irregular Lot
  • Inclusions: AC Units, Washer, Dryer, Electric Cooking, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Cape
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Terrace: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.51
  • General Property Info Lot Dimensions: 188x145
  • General Property Info Farm: No
  • Location Middle School: Carl Sandburg
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Lot Description Irregular Lot: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Style Cape: Yes
  • Lot Description Oversized3: Yes
  • Basement Workshop Workbench: Yes
  • Heating Oil Above Ground: Yes
  • Parking Unpaved: Yes
  • Parking Oversized2: Yes
  • Cooling Multi Units: Yes
  • Garage Workshop Workbench2: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full, Unfinished, Workshop/ Workbench, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.51
  • Waterfront: No
  • Exclusions: personal property
  • Exterior Features: Fence, Terrace

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Gravel, Unpaved, Driveway, Direct Access, Workshop in Garage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Carl Sandburg

Lot Info

  • Lot Dimensions: 188x145
  • Lot Size Sq Ft: 22215.6
  • Parcel #: 15-03230-0000-00036-13
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6337.33

MLS Schools

  • Elementary School: Memorial
  • High School: Old Bridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 17, 2020
Sold by
Martin Gary A and Martin Stacy
Bought by
Quinlan Thomas J and Donnelly Laura Ann
Seller's Agent
Carissa Marshall
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Buyer's Agent
Lisa Celestre
Keller Williams Realty West Monmouth
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$517,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,747
Avg. Annual Appreciation
12.01%
Original Mortgage
$270,000
Outstanding Balance
$240,809
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$276,938

Purchase Details

Closed on
Aug 29, 2012
Sold by
Martin Roger F
Bought by
Martin Gary A and Martin Stacy A

Purchase Details

Closed on
Oct 9, 2009
Sold by
Estate Of Alvia D Martin and Maffei Susan
Bought by
Martin Roger F
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
Quinlan Thomas J $300,000 Old Republic Title Ins Co
Quinlan Thomas J $300,000 Old Republic Title
Martin Gary A -- None Available
Martin Roger F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quinlan Thomas J $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $300,000 -7.7% $239 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $325,000 -- $259 / 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 $7,116 $123,800 $55,700 $68,100
2024 $6,836 $123,800 $55,700 $68,100
2023 $6,836 $123,800 $55,700 $68,100
2022 $6,625 $123,800 $55,700 $68,100
2021 $4,867 $123,800 $55,700 $68,100
2020 $6,436 $123,800 $55,700 $68,100
2019 $6,337 $123,800 $55,700 $68,100
2018 $6,261 $123,800 $55,700 $68,100
2017 $6,069 $123,800 $55,700 $68,100
2016 $5,945 $123,800 $55,700 $68,100
2015 $5,845 $123,800 $55,700 $68,100
2014 $5,784 $123,800 $55,700 $68,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22036450

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 15-03230-0000-00036-13