Prime Investment Opportunity - Historic Charm & High Cash Flow! Don't miss this cash cow investment property in a prime location, offering both charm & strong income potential! This historic gem features 2 separate units—2-bed, 1-bath & 1-bed, 1-bath—each w/ separate utilities, making it a perfect setup for owner-occupants or investors. Situated on a deep lot, property boasts a large detached 2-car garage, ideal for additional storage or rental income. Walkability to top-rated restaurants, shops, and town amenities, ensuring strong demand year-round. With a potential rent roll of $2,800 and $2,200, this property is a turnkey investment with significant cash flow potential. Whether you're looking to expand your portfolio or secure a prime residence w/ rental income, this one checks it all
Sold for $545,000
$545,000
191 Main Street, Matawan, NJ 07747
3beds
1,492sqft
Duplex
Built in 1908
-- sqft lot
$589,600 Zestimate®
$365/sqft
$3,288 Estimated rent
Home value
$589,600
$537,000 - $649,000
$3,288/mo
Zestimate® history
Owner options
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$3,288/mo
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$3,288/mo
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$3,656/mo
Est. payment
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$3,656/mo
Est. payment
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Separate unitsDeep lotSeparate utilities
Zillow last checked:
Listing updated:
Listed by:
Kyle Golden 201-400-5427,
C21 Thomson & Co.
Bought with:
Kyle Golden, 1646836
C21 Thomson & Co.
Source: MoreMLS,MLS#: 22505422
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Other
Features
- Basement: Crawl Space
- Number of fireplaces: 1
Interior area
- Total structure area: 1,492
- Total interior livable area: 1,492 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 6,534 Square Feet
- Dimensions: 33 x 192
Details
- Parcel number: 3100035000000011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
Location
- Region: Matawan
Financial & listing details
- Price per square foot: $365/sqft
- Tax assessed value: $477,300
- Annual tax amount: $10,419
- Date on market: 2/27/2025
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2025 | Sold | $545,000+9%$365/sqft |
Source:  MoreMLS #22505422 Report a problem | ||
| 3/13/2025 | Pending sale | $499,999$335/sqft |
Source: MoreMLS #22505422 Report a problem | ||
| 2/27/2025 | Listed for sale | $499,999+455.6%$335/sqft |
Source: MoreMLS #22505422 Report a problem | ||
| 12/28/1994 | Sold | $90,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,419 +2.9% | $477,300 +2.5% |
| 2023 | $10,126 +14.7% | $465,800 +31.7% |
| 2022 | $8,828 +1.2% | $353,700 +10.2% |
| 2021 | $8,724 +6% | $321,100 +2.1% |
| 2020 | $8,228 +8.6% | $314,500 +4.3% |
| 2019 | $7,578 | $301,400 +10.3% |
| 2018 | $7,578 +8% | $273,200 +4.7% |
| 2017 | $7,014 -5% | $261,000 +2.6% |
| 2016 | $7,385 +12.9% | $254,500 -5.7% |
| 2015 | $6,540 -9.6% | $270,000 +12.5% |
| 2014 | $7,238 +2.8% | $240,000 -17.2% |
| 2012 | $7,038 -5.1% | $290,000 |
| 2011 | $7,414 +2.7% | $290,000 -6.1% |
| 2010 | $7,223 +1.7% | $308,800 |
| 2009 | $7,105 | $308,800 |
| 2008 | -- | $308,800 +200.7% |
| 2007 | -- | $102,700 |
| 2006 | -- | $102,700 |
| 2003 | -- | $102,700 |
| 2002 | -- | $102,700 |
| 2001 | -- | $102,700 |
Find assessor info on the county website
Neighborhood: 07747
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Nearby schools
GreatSchools rating
- 6/10Lloyd Road Elementary SchoolGrades: 4-5Distance: 1 mi
- 7/10Matawan Aberdeen Mid SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Matawan Regional High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Middle: Matawan Avenue
Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$589,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$589,600
- New Jersey
- Monmouth County
- Matawan
- 07747
- 191 Main Street
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