$630,000
SOLD MAY 2, 2025

7 Chestnut Dr Matawan, NJ 07747

4 Beds
2 Baths
1,722 Sq Ft
8,999 Sq Ft Lot

Recently Sold

$366 Per Sq Ft

5% Above List Price

7 Days on Market

Highlights

  • Property is near public transit and shops
  • Formal Dining Room
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • Interior Lot

About This Home

As of May 2025

Located in the desirable Ravine Drive section of Matawan, this sought-after bi-level home offers a spacious layout with hardwood flooring throughout. The main level features a bright living room, dining room, and kitchen, along with three comfortable bedrooms and a full bath. The lower level provides a versatile family room with sliders leading to a large, level backyard, plus an additional bedroom or den and a second full bath. A two-car garage adds convenience, and the home is ideally situated near the Matawan train station and vibrant downtown, offering easy access to shopping, dining, and transportation. This home has a whole house generator

Last Agent to Sell the Property

Gregory Papalcure

BHHS FOX & ROACH REALTORS Listed on: 02/22/2025

BHHS FOX & ROACH REALTORS

Co-Listed By

Allan Buim

BHHS FOX & ROACH REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,646

Year Built

  • Built in 1963

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Interior Lot
  • Property is zoned SF-05

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,722 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit and shops

Community Details

  • Ravine Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,646

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2066
  • Lot Size: 75X120
  • Co List Office Mls Id: FOX05
  • Ownership: See Remarks
  • Subdivision Name: Ravine
  • Architectural Style: Bi-Level
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two, Bi-Level
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Drapes-See Remarks, 1 Bedroom, Bath Full, Family Room, Laundry Room, Utility Room, 3 Bedrooms, Dining Room, Kitchen, Living Room, None
  • Living Area: 1722
  • Stories: 2
  • Window Features: Drapes

Exterior Features

  • Lot Features: Interior Lot, Near Public Transit, Near Shopping, Near Train
  • Pool Features: None
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Attached, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable TV, See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 8999
  • Zoning: SF-05

Tax Info

  • Tax Annual Amount: 11646
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2025
Closed on
May 2, 2025
Sold by
Montone Margaret and Clune Joan M
Bought by
Bauer Frank and Ragan Hisako
Seller's Agent
Gregory Papalcure
BHHS FOX & ROACH REALTORS
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Views
147
Current Estimated Value
$636,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,241
Avg. Annual Appreciation
1.36%
Original Mortgage
$400,000
Outstanding Balance
$398,589
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$237,652

Purchase Details

Closed on
Jun 29, 2007
Sold by
Rainone Rachel
Bought by
Rainone Rachel and Montone Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $630,000 Old Republic Title
Deed $630,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $400,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $630,000 +5.2% $366 / Sq Ft
02/22/2025 02/22/25 For Sale $599,000 -- $348 / Sq Ft
Source: All Jersey MLS

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 $11,646 $549,000 $350,500 $198,500
2024 $11,344 $533,500 $375,500 $158,000
2023 $11,344 $521,800 $365,500 $156,300
2022 $8,453 $409,400 $260,500 $148,900
2021 $5,933 $371,100 $235,500 $135,600
2020 $9,836 $359,500 $225,500 $134,000
2019 $9,178 $336,200 $205,500 $130,700
2018 $8,450 $304,500 $175,500 $129,000
2017 $8,220 $292,000 $165,500 $126,500
2016 $7,866 $285,400 $160,500 $124,900
2015 $7,009 $265,400 $145,500 $119,900
2014 $6,960 $264,600 $140,500 $124,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2561095M

All Jersey MLS

APN: 31-00065-08-00004