NOT LISTED FOR SALE

58 Gates Ct Matawan, NJ 07747

Estimated Value: $708,000 - $790,717

4 Beds
3.5 Baths
2,317 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 20, 2024

Last sale price $678,000 $293 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,916/month

68 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Granite Countertops
  • Old Bridge High School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of December 2024

Contemporary Colonial on a cul-de-sac in Cedar Ridge Estates. Ideal floor plan for a large or multi generational family. Neutral dcor, Birchwood flooring in LR,DR and FR. Granite and Stainless Steel kitchen and 3 1/2 bathrooms. Oversized master bedroom with a sitting area, bath with soaking tub, skylight and separate stall shower. The finished basement has a possible office with a full bathroom, a WIC, Great room and plenty of storage. The yard is fenced with a deck. Old Bridge school system. Minutes to NYC Transit, Major Highways, Library, Shopping and Restaurants. Old Bridge School System, Virgil Grissom or McDivitt Elementary School, Sandburg Middle School and Old Bridge High School.

Last Agent to Sell the Property

Steven Bonavita

RE/MAX Innovation License #1429895 Listed on: 09/07/2024

RE/MAX Innovation

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,547

Year Built

  • Built in 1992

Lot Details

  • Lot Dimensions are 50x100
  • Fenced

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway with Pavers
  • Paver Block

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,317 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Double Door Entry
  • Sliding Doors

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Old Bridge High School

Utilities

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

Community Details

  • Cedar Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15-12271-0000-00046

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,547

Year Built

Built in 1992

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Cedar Ridge
  • Architectural Style: Colonial, Contemporary
  • Reso Flooring: Cement
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Sliding Door
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1992
  • Contract Info List PriceSqFt: 302.11
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50x100
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Basement Heated: Yes
  • Parking Paver Block: Yes
  • Living Room Sliding Door2: Yes
  • Foyer Double Door Entry: Yes
  • Living Room Skylight7: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full, Heated
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 3
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Floor - Porcelain7: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Deck, Fence, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Dimensions: 50x100
  • Parcel #: 15-12271-0000-00046
  • Zoning Description: Single Family

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11547.0

MLS Schools

  • High School: Old Bridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2024
Closed on
Dec 16, 2024
Sold by
Randazzo Gianfranco and Randazzo Rosa
Bought by
Chen Feng and Chen Rui Wang
Seller's Agent
Steven Bonavita
RE/MAX Innovation
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$699,999
Sold Price
$678,000
Premium/Discount to List
-$21,999
-3.14%
Views
118
Current Estimated Value
$748,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,929
Avg. Annual Appreciation
8.96%

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jul 27, 2016
Sold by
Patel Kalpit and Patel Chaitali
Bought by
Randazzo Gianfranco and Randazzo Rosa
Seller's Agent
Marylynn Hawkins
ERA Central Realty Group
Buyer's Agent
Steven Bonavita
Weichert Realtors-Old Bridge
Sold Price
$483,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$308,811
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2009
Sold by
Patel Kalpit and Patel Hashmukh
Bought by
Patel Kalpit and Patel Chaitali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Farag Mohamed
Bought by
Patel Kalpit and Hashmukh Patel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
6.28%

Purchase Details

Closed on
Nov 17, 1999
Sold by
Arreaga Robert
Bought by
Farag Mohamed and Youssef Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Feng $678,000 Investment Title
Chen Feng $678,000 Investment Title
Chen Feng $678,000 Investment Title
Randazzo Gianfranco $483,500 Commonwealth Land Title Ins
Patel Kalpit -- Multiple
Patel Kalpit $555,000 --
Farag Mohamed $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randazzo Gianfranco $308,811
Previous Owner Patel Kalpit $335,000
Previous Owner Patel Kalpit $357,500
Previous Owner Farag Mohamed $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold $678,000 -3.1% $293 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
09/07/2024 09/07/24 For Sale $699,999 +44.8% $302 / Sq Ft
08/11/2016 08/11/16 Sold $483,500 -- -- View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $12,019 $209,100 $61,500 $147,600
2024 $11,547 $209,100 $61,500 $147,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22425555

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 15-12271-0000-00046

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