NOT LISTED FOR SALE

553 S Atlantic Ave Unit 2 Matawan, NJ 07747

Estimated Value: $582,000 - $618,000

3 Beds
4 Baths
2,146 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $487,500 $227 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,288/month

40 Days on Market

Highlights

  • Backs to Trees or Woods
  • Granite Countertops
  • 1 Car Attached Garage
  • Matawan Reg High School Rated A-
  • Ceiling height of 9 feet on the main level
  • Storm Windows

About This Home

As of May 2022

Single Family Townhome in well kept Florence Court offers 3 levels of living space with direct entry garage. Home features 2/3 bedrooms 2 full baths and 2 half baths. This homes flex room is being used as a 3rd bedroom however can easily be converted back. Master bath features double sink vanity with cultured marbled counter. Laundry room is located on the bedroom level , plenty of closet and storage space. Open floor plan living includes beautiful chef style kitchen w.SS appliances wood cabinets and granite counters. Gas fireplace, decorative moldings, throughout neutral carpet and ceramic / hardwood flooring Excellent location for commuters (Matawan/Aberdeen Train minutes away) and remote workers alike with dining and shopping nearby.

Last Agent to Sell the Property

Jesse Cotugno

Preferred Properties Real Estate License #0786989 Listed on: 03/04/2022

Last Buyer's Agent

DAVID KALDAS

EXP Realty

EXP Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,774

Year Built

  • Built in 2012

Lot Details

  • 6,970 Sq Ft Lot
  • Street terminates at a dead end
  • Backs to Trees or Woods

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Driveway

Home Design

  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,146 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Exclusions: washer/dryer
  • Assessor Parcel Number 32-00901-0000-00038

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, snow removal
  • Florence Court Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,774

Year Built

Built in 2012

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Back to Woods, Dead End Street
  • Reso Association Amenities: No Pool
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Snow Removal
  • Subdivision Name: Florence Court
  • Architectural Style: Townhouse, Condo
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Dec Molding, Sliding Door, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 2012
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.16
  • General Property Info Farm: No
  • Location Middle School: Matawan Avenue
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Back to Woods: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Storm Window: Yes
  • Parking Asphalt: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Style Townhouse: Yes
  • Kitchen GraniteStone Counter: Yes
  • Foyer Dec Molding2: Yes
  • Foyer Fireplace - Gas: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 3
  • Basement:None2: Yes

Exterior Features

  • Roof: Other - See Remarks, Shingle
  • Acres: 0.16
  • Waterfront: No
  • Exclusions: washer/dryer
  • Exterior Features: Patio, Storm Window
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Common, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 32-00901-0000-00038

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9774.0

MLS Schools

  • Elementary School: Strathmore
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 13, 2022
Sold by
Florence Court At Aberdeen Inc
Bought by
Girgis Abraam and Azer Meghan
Seller's Agent
Jesse Cotugno
Preferred Properties Real Estate
Buyer's Agent
DAVID KALDAS
EXP Realty
List Price
$495,000
Sold Price
$487,500
Premium/Discount to List
-$7,500
-1.52%
Total Days on Market
40
Current Estimated Value
$597,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,894
Avg. Annual Appreciation
5.94%
Source: Public Records

Range of Values:

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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
Girgis Abraam $487,500 Catic Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $487,500 -1.5% $227 / Sq Ft
04/01/2022 04/01/22 For Sale $495,000 0.0% $231 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/27/2022 03/27/22 Price Changed $495,000 -6.6% $231 / Sq Ft
03/04/2022 03/04/22 For Sale $529,900 +8.7% $247 / Sq Ft
02/22/2022 02/22/22 Off Market $487,500 -- --
02/18/2022 02/18/22 For Sale $529,900 -- $247 / 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 $9,994 $529,100 $233,600 $295,500
2024 $9,918 $520,000 $226,600 $293,400
2023 $9,918 $487,600 $197,900 $289,700
2022 $9,774 $403,800 $124,900 $278,900
2021 $9,774 $380,000 $107,400 $272,600
2020 $9,866 $381,800 $134,000 $247,800
2019 $10,116 $380,000 $131,000 $249,000
2018 $9,820 $370,000 $130,000 $240,000
2017 $9,285 $355,200 $95,000 $260,200
2016 $9,176 $348,500 $95,000 $253,500
2015 $9,096 $67,100 $67,100 $0
2014 $1,717 $67,100 $67,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22204488

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00066-0000-00010-0000-C0002