NOT LISTED FOR SALE

507 Wellington Place Matawan, NJ 07747

Estimated Value: $392,000 - $402,930

2 Beds
2 Baths
986 Sq Ft
$295/mo HOA Fee

Last Sold October 17, 2023

Last sale price $370,000 $375 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,936/month

10 Days on Market

Highlights

  • Outdoor Pool
  • End Unit
  • Crown Molding
  • Matawan Reg High School Rated A-
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of October 2023

This turn-key, 1st-floor gem is nestled in a beautiful community in the heart of Aberdeen. Unpack, relax, & experience the benefits of condo living. This charming home has seen many recent updates (2023- master bathroom; new oven & dishwasher; 2022- AC & furnace). It's truly move-in ready, allowing you to settle in without delay.The well-maintained community offers an array of amenities, including a swimming pool, tennis courts, kids' playground, & private clubhouse. With ample parking & storage units, convenience is at your doorstep. Offering easy access to shopping, NJ Transit, local restaurants, & major routes such as 9, 18, & GSP. Located 30 minutes to Newark Airport. Your new home is waiting at 507 Wellington Place!

Last Agent to Sell the Property

Scott Hobbs

Salt and Cedar Properties, LLC License #1752087 Listed on: 08/11/2023

Last Buyer's Agent

Patricia Naparstek

RE/MAX Champions

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,410

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Dryer

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Common or Shared Parking
  • Paved Parking

Outdoor Features

  • Outdoor Pool
  • Balcony

Location

  • Lower Level

Schools

  • Matawan-Aberdeen Middle School
  • Matawan Reg High School

Utilities

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

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 01-00114-0000-00003-0000-C0507

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, exterior maint, lawn maintenance, mgmt fees, pool, snow removal
  • 5 Units
  • Wellington Pl Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Snow Removal

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,410

Year Built

Built in 1979

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Professional Management, Association, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: Wellington Pl
  • Architectural Style: Lower Level, End Unit, One Level Unit, Condo
  • Reso Interior Features: Dec Molding
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.01
  • General Property Info Farm: No
  • Location Middle School: Matawan-Aberdeen
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Common Elements Landscaping: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Kitchen Floor - Laminate2: Yes
  • Style End Unit: Yes
  • General Property Info # UnitsBldgs: 5.0
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Other - See Remarks, Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: Personal belongings
  • Exterior Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Common
  • General Property Info:Garage: No
  • GarageParking:Common: 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 Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Matawan-Aberdeen

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 01-00114-0000-00003-0000-C0507
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5410.0

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 17, 2023
Sold by
Marra Andrew
Bought by
Sakowski Irrevocable Family Trust and Smith
Seller's Agent
Scott Hobbs
Salt and Cedar Properties, LLC
Buyer's Agent
Patricia Naparstek
RE/MAX Champions
List Price
$349,500
Sold Price
$370,000
Premium/Discount to List
$20,500
5.87%
Views
145
Current Estimated Value
$397,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,233
Avg. Annual Appreciation
3.57%

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 11, 2018
Sold by
Kwan Judy W
Bought by
Marra Andrew
Seller's Agent
Peggy Yanuzzelli
C21/ Charles Smith Agency
Buyer's Agent
Debra Borrelli
Better Homes Realty
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$208,550
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2013
Closed on
Nov 22, 2013
Sold by
Devine Timothy and Devine Courtney
Bought by
Kwan Judy W
Seller's Agent
Peggy Yanuzzelli
C21/ Charles Smith Agency
Buyer's Agent
Peggy Yanuzzelli
C21/ Charles Smith Agency
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%

Purchase Details

Closed on
Mar 29, 2006
Sold by
Drexler Rosaline Roth
Bought by
Devine Timothy and Roman Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sakowski Irrevocable Family Trust $370,000 Old Republic Title
Marra Andrew $215,000 Premier Abstract & Title Age
Kwan Judy W $200,000 None Available
Devine Timothy $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marra Andrew $208,550
Previous Owner Devine Timothy $175,000
Previous Owner Devine Timothy $184,000
Previous Owner Drexler Rosaline Roth $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $370,000 +5.9% $375 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $349,500 +66.4% $354 / Sq Ft
10/16/2018 10/16/18 Sold $210,000 0.0% $213 / Sq Ft
04/17/2016 04/17/16 Rented $18,600 +1144.1% --
04/15/2014 04/15/14 Rented $1,495 0.0% --
11/22/2013 11/22/13 Sold $200,000 -- $203 / 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 $5,360 $274,900 $134,100 $140,800
2023 $5,360 $263,500 $126,800 $136,700
2022 $5,386 $232,200 $102,900 $129,300
2021 $5,386 $209,400 $90,200 $119,200
2020 $5,134 $198,700 $82,200 $116,500
2019 $5,015 $188,400 $73,200 $115,200
2018 $4,905 $184,800 $75,000 $109,800
2017 $4,794 $183,400 $77,000 $106,400
2016 $4,776 $181,400 $77,000 $104,400
2015 $4,881 $187,000 $75,000 $112,000
2014 $4,765 $186,200 $75,000 $111,200
Source: Public Records

Agents Affiliated with this Home

  • Scott Hobbs

    Seller's Agent in 2023

    Scott Hobbs

    Salt and Cedar Properties, LLC

    (732) 996-3720

    1 in this area

    38 Total Sales

    Section Image

  • P

    Buyer's Agent in 2023

    Patricia Naparstek

    RE/MAX

    Section Image
  • Patti Naparstek

    Buyer's Agent in 2023

    Patti Naparstek

    Imperial Realty Properties

    (732) 778-3213

    19 in this area

    31 Total Sales

    Section Image
  • Peggy Yanuzzelli

    Seller's Agent in 2018

    Peggy Yanuzzelli

    C21/ Charles Smith Agency

    (732) 925-5945

    1 in this area

    214 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    Debra Borrelli

    Better Homes Realty

  • D

    Buyer's Agent in 2014

    Dawn Marie Pizzichillo

    Keller Williams Realty West Monmouth

    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22321780

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-0000-00003-0000-C0507

New Jersey Monmouth County Matawan 07747

507 Wellington Place, Matawan, NJ

This home is located at 507 Wellington Place, Matawan, NJ 07747 since 11 August 2023 and is currently estimated at $397,233, approximately $402 per square foot. This property was built in 1979. 507 Wellington Place is a home located in Monmouth County with nearby schools including Matawan Reg High School, St Benedict School, and St. Joseph Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes