NOT LISTED FOR SALE

64 Lower Main St Matawan, NJ 07747

Estimated Value: $569,000 - $690,267

5 Beds
4 Baths
2,564 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $450,000 $176 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,125/month

36 Days on Market

Highlights

  • 0.35 Acre Lot
  • Wood Flooring
  • Multiple cooling system units
  • Matawan Reg High School Rated A-
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

LOCATION * LOCATION * LOCATION * Majestic Colonial on a corner lot is waiting for you to make this your own ''home sweet home'' or work at home space! Two units WITH an in-law suite! Downstairs boasts 3 bedrooms and 2 bathrooms on the first floor with an additional 1 bedroom 1 bath in-law suite. Master bedroom has it's own en suite bathroom. Upstairs one bedroom 1 bath unit could be finished as an office or potential rental unit. Charming commercial district close to parks and houses of worship. Excellent location for commuters GSP North and South accessible in minutes. Lots of parking with a detached one car garage on this third of an acre lot. A bit of a handyman special but huge potential awaits. Offered ''as is'' buyer should do their own due diligence regarding zoning and uses and wil also be responsible for CO. Public water, public sewer.

Last Agent to Sell the Property

Mary Shannon Cooper

Fathom Realty NJ License #1643858 Listed on: 05/17/2022

Fathom Realty NJ

Co-Listed By

Guerino Cupo

Fathom Realty NJ License #2191265

Fathom Realty NJ

Last Buyer's Agent

Guerino Cupo

Fathom Realty NJ License #2191265

Fathom Realty NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,966

Year Built

  • Built in 1909

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 99 x 153

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Unpaved Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,564 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Schools

  • Matawan Avenue Middle School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01-00265-0000-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,966

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 4161
  • Co List Office Phone: 888-455-6040
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Year Built: 1909
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 99 x 153
  • Location Middle School: Matawan Avenue
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Unpaved: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Washer Hookup3: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.35
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Common, Unpaved, Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 99 x 153
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 01-00265-0000-00006
  • Zoning Description: Single Family, Residential, Professional, Multi-Use, Multi-Family, Mixed, Live-in Professional
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9966.0
  • Tax Other Annual Assessment Amount: 368700.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Sep 9, 2022
Sold by
John F Budge Trust
Bought by
Ssomm Llc
Seller's Agent
Mary Shannon Cooper
Fathom Realty NJ
Buyer's Agent
Guerino Cupo
Fathom Realty NJ
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%
Views
4
Current Estimated Value
$610,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,567
Avg. Annual Appreciation
10.38%
Original Mortgage
$315,000
Outstanding Balance
$301,899
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$303,354

Purchase Details

Closed on
Mar 13, 2015
Sold by
Budge Katherine and Estate Of Mary F Budge
Bought by
John F Budge Trust Udt

Purchase Details

Closed on
Aug 24, 1998
Sold by
Macaluso Caroline
Bought by
Budge Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 1994
Sold by
Nunziato Andrew
Bought by
Macaluso Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.9%
Mortgage Type
Commercial
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
Ssomm Llc $450,000 Old Republic Title
John F Budge Trust Udt -- Attorney
Budge Mary $156,000 --
Macaluso Caroline $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ssomm Llc $315,000
Previous Owner Budge Mary F $25,000
Previous Owner Budge Mary $124,800
Previous Owner Macaluso Caroline $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $450,000 -18.0% $176 / Sq Ft
05/16/2022 05/16/22 For Sale $549,000 -- $214 / 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 $9,576 $491,300 $243,600 $247,700
2023 $9,576 $447,700 $186,200 $261,500
2022 $9,966 $398,600 $149,600 $249,000
2021 $9,966 $368,700 $147,300 $221,400
2020 $9,822 $361,900 $145,500 $216,400
2019 $10,078 $360,700 $145,500 $215,200
2018 $9,777 $350,800 $153,900 $196,900
2017 $9,475 $344,800 $153,900 $190,900
2016 $8,881 $337,300 $151,200 $186,100
2015 $8,874 $323,500 $142,200 $181,300
2014 $8,535 $317,300 $137,200 $180,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22214807

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00265-0000-00006