This is the one you've been waiting for! Hitting the market for the first time, this property offers endless potential for your vision. While it does need some TLC, it's priced to sell and perfect for buyers willing to take on a renovation. Located just a short distance from Aberdeen Matawan Middle School and Aberdeen-Matawan NJT train station, this home combines convenience with opportunity. With the right updates and repairs, it has the ability to truly shine. Being sold AS-IS, this property is ideal for investors or buyers looking to add value and make it their own. A rare opportunity in a great location don't miss your chance to bring this home to life!
Sold for $350,000
$350,000
227 W Prospect Ave, Keyport, NJ 07735
2beds
1,002sqft
Single Family Residence
Built in 1952
10,001 Square Feet Lot
$359,600 Zestimate®
$349/sqft
$2,691 Estimated rent
Home value
$359,600
$331,000 - $392,000
$2,691/mo
Zestimate® history
Owner options
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$2,354/mo
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Zillow last checked:
Listing updated:
Listed by:
JENNIFER F. OBERGFELL,
KELLER WILLIAMS ELITE REALTORS 732-549-1998
Source: All Jersey MLS,MLS#: 2607684R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: 1st Floor
- Level: First
Bathroom
- Features: Tub Shower
Dining room
- Features: Living Dining Combo
Kitchen
- Features: Eat-in Kitchen
Basement
- Area: 0
Heating
- Forced Air
Cooling
- Ceiling Fan(s), A/C Central - Some, Window Unit(s), See Remarks
Appliances
- Included: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
Features
- 2 Bedrooms, Kitchen, Living Room, Bath Full, Dining Room, Attic, None
- Flooring: Carpet, Ceramic Tile, Vinyl-Linoleum
- Basement: Partial, Laundry Facilities
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,002
- Total interior livable area: 1,002 sqft
Property
Parking
- Total spaces: 2
- Parking features: 1 Car Width, 3 Cars Deep, Asphalt, Garage, Oversized, Detached, See Remarks, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Enclosed
- Exterior features: Open Porch(es), Enclosed Porch(es), Yard
- Pool features: In Ground
Lot
- Size: 10,001 Square Feet
- Dimensions: 200.00 x 50.00
- Features: Corner Lot
Details
- Parcel number: 0100210000000012
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Fixer Upper, Ranch
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- Year built: 1952
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Keyport
Financial & listing details
- Price per square foot: $349/sqft
- Tax assessed value: $422,700
- Annual tax amount: $8,132
- Date on market: 11/28/2025
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Sold | $350,000+7.7%$349/sqft |
Source:  All Jersey MLS #2607684R Report a problem | ||
| 12/9/2025 | Contingent | $325,000$324/sqft |
Source: All Jersey MLS #2607684R Report a problem | ||
| 11/28/2025 | Listed for sale | $325,000+441.7%$324/sqft |
Source: All Jersey MLS #2607684R Report a problem | ||
| 7/24/1996 | Sold | $60,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,972 +6.6% | $422,700 +6.6% |
| 2024 | $7,482 -8.8% | $396,700 +4.8% |
| 2023 | $8,208 +2.3% | $378,600 +17% |
| 2022 | $8,025 -1.6% | $323,700 +8.3% |
| 2021 | $8,157 +2.4% | $298,900 +2.6% |
| 2020 | $7,966 +10.1% | $291,300 +3.1% |
| 2019 | $7,234 | $282,600 +1.4% |
| 2018 | $7,234 +2.7% | $278,800 +4.7% |
| 2017 | $7,043 +6% | $266,400 +5.8% |
| 2016 | $6,643 +4.2% | $251,900 +5.2% |
| 2015 | $6,376 -6.5% | $239,400 +2.4% |
| 2014 | $6,817 +2.6% | $233,900 -10.9% |
| 2013 | $6,641 +4.8% | $262,400 |
| 2012 | $6,340 +1.5% | $262,400 |
| 2011 | $6,248 +2.7% | $262,400 |
| 2010 | $6,085 -7.5% | $262,400 |
| 2009 | $6,579 | $262,400 +125.8% |
| 2008 | -- | $116,200 |
| 2007 | -- | $116,200 |
| 2006 | -- | $116,200 |
| 2005 | -- | $116,200 |
| 2003 | -- | $116,200 |
| 2002 | -- | $116,200 |
| 2001 | -- | $116,200 |
Find assessor info on the county website
Neighborhood: 07735
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Nearby schools
GreatSchools rating
- 5/10Cliffwood Ave SchoolGrades: PK-3Distance: 0.5 mi
- 7/10Matawan Aberdeen Mid SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Matawan Regional High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$359,600
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
$359,600
- New Jersey
- Monmouth County
- Keyport
- 07735
- 227 W Prospect Ave
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