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Exterior
Other
Dining
Bedroom
Bath
Kitchen
Entry Way

259 Matawan Ave, Matawan, NJ 07747

$759,000

Last sold 07/01/2025 for $499K

3
bed
1
bath
2,288
Sqft ($218/Sqft)

House not for sale

About 259 Matawan Ave

Property type House

Year built 1950

HOA fee $0/month

Lot size 7,405 Sqft

Movoto estimate

Rental estimate

Property description

Attention Commuters, Investors, and First-Time Homebuyers! This legal two-family home is a hidden gem, offering endless potential in a prime location! Perfectly situated close to the Garden State Parkway and Matawan Train Station. Bring your architect and imagination, as this home is ready for transformation! The downstairs features three spacious bedrooms, a full bath, a cozy living room, and an eat-in kitchen. Upstairs, the space has been gutted to the studs, providing a blank canvas to create your dream layout. Whether you're looking to invest, renovate, or design your own living space, the possibilities are limitless. Don't miss the chance to make this house your own - it's a diamond in the rough waiting for the right touch

Listed by

Listing Agent - Timothy A Shaak

Listing Office - Folk Agency

Source: Monmouth/Ocean MLS

MLS#22505799 • last updated 1 year ago

Movoto checked Monmouth/Ocean MLS for data Just now

Overview
Cooling/AC	None
Heating	Natural Gas
Levels/Style	Other
Status	Pending
MLS #	22505799
Type	Residential
SubType	Single Family Residence
SqFt	2288
Lot Size (Acres)	0.17
Lot Size (SqFt)	7405.2
Property Tax	10727
Year Built	1950

Interior
Total # of Bathrooms	1
# of Full Baths	1
# of Bedrooms	3
Flooring	Ceramic Tile, Wood
Interior Features	Recessed Lighting

Exterior
Roof	Shingle
Parking	Driveway, None
Exterior Features	Other

Amenities / Utilities
Sewer/Septic	Public Sewer
Water Source	Public

Location
Subdivision	None
County	Monmouth
Middle School	Matawan Avenue
Directions	Aberdeen Rd, Left On Matawan Ave, House On Left (corner Of Matawan Ave And Hillside Ave)
APN	31-00096-0000-00002

$759K

Range: $698K-$819K

Last 30 days

Rental est.: $3,812/month

• Gross rent multiplier: 10.9

Lower your payment with the loan terms that fit you.

Jul 2025
MLS # 22505799
Jul 1, 2025 Sold
$499,000
Apr 2, 2025 Pending
—
Mar 3, 2025 Listed
$499,000

Year Property taxes Tax assessment
2023
$10,437 +4.6%

$491,400 +2.35%
2022
$9,977 +4.4%

$480,100 +20.12%
2021
$9,556 +2.6%

$399,700 +17.39%
2020
$9,316 +2.7%

$340,500
2019
$9,072 +0.4%

$340,500 +2.47%
2018
$9,033 +2.5%

$332,300 +2.09%
2017
$8,814 +4.4%

$325,500 +3.96%
2016
$8,442 +10.4%

$313,100 +2.22%
2015
$7,647

$306,300
2014
$7,644

—

259 Matawan Ave
$499K
—
07747
$590K +7% y/y
Matawan
$689K +26% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
257 Matawan Ave, Matawan, NJ 07747	$670,000	3/2	1,329	0.01
263 Matawan Ave, Matawan, NJ 07747	$667,000	3/2	1,497	0.02
1 Hillside Ave, Matawan, NJ 07747	$446,000	2/1	854	0.03
6 Highland Ave, Matawan, NJ 07747	$690,000	3/1	1,737	0.03
32 Marc Dr, Matawan, NJ 07747	$1,191,000	6/3	4,179	0.03
4 Highland Ave, Matawan, NJ 07747	$675,000	3/2	1,788	0.04
250 Matawan Ave, Matawan, NJ 07747	$798,000	4/2	2,084	0.04
261 Matawan Ave, Matawan, NJ 07747	$859,000	4/1	2,182	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.