LOCATION LOCATION LOCATION - CASH COW INVESTMENT PROPERTY GENERATING $5,575/ MONTH OF RENT. COMPLETELY UPDATED DUPLEX ON OVERSIZED 50X150 LOT (POTENTIAL SUB DIVISION) 25 MINUTES TO THE NEW NETFLIX HEADQUARTERS LOCATED IN EATONTOWN. OVERSIZED CORNER LOT. 3 BEDROOMS 1 BATH UNIT 1 AND 2 BEDROOM 1 BATH UNIT 2. PREPARE TO BE AMAZED! SHORT DRIVE TO TRAIN STATION & FERRY! RENT ROLL $2975 UNIT 1, $2600 UNIT 2. EXPENSES: INSURANCE $1400, TAXES $9,000 .NOI $56,500. NOT IN A FLOOD ZONE!
Sold for $801,000
$801,000
259 Matawan Avenue, Matawan, NJ 07747
5beds
2,288sqft
Duplex
Built in 1950
-- sqft lot
$814,400 Zestimate®
$350/sqft
$2,806 Estimated rent
Home value
$814,400
$749,000 - $888,000
$2,806/mo
Zestimate® history
Owner options
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$2,806/mo
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$2,806/mo
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$5,303/mo
Est. payment
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$5,303/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kyle Golden 201-400-5427,
C21 Thomson & Co.
Bought with:
Damarys Cover, 2183530
Fox & Foxx Realty
Source: MoreMLS,MLS#: 22602987
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Baseboard
Cooling
- Other
Features
- Basement: Walk-Out Access,Other
Interior area
- Total structure area: 2,288
- Total interior livable area: 2,288 sqft
Property
Parking
- Parking features: None
Features
- Stories: 2
Lot
- Size: 7,405 sqft
- Dimensions: 50 x 150
Details
- Parcel number: 3100096000000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Matawan
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Sold | $801,000-5.7%$350/sqft |
Source:  MoreMLS #22602987 Report a problem | ||
| 2/27/2026 | Pending sale | $849,000$371/sqft |
Source: MoreMLS #22602987 Report a problem | ||
| 2/18/2026 | Price change | $849,000-5.6%$371/sqft |
Source: MoreMLS #22602987 Report a problem | ||
| 2/3/2026 | Listed for sale | $899,000+80.2%$393/sqft |
Source: MoreMLS #22602987 Report a problem | ||
| 10/1/2025 | Listing removed | $2,975$1/sqft |
Source: MoreMLS #22521025 Report a problem | ||
| 9/12/2025 | Price change | $2,975-4%$1/sqft |
Source:  HomeServices Property Management Report a problem | ||
| 8/13/2025 | Price change | $3,100-3.1%$1/sqft |
Source: HomeServices Property Management Report a problem | ||
| 7/16/2025 | Listed for rent | $3,200$1/sqft |
Source: HomeServices Property Management Report a problem | ||
| 7/1/2025 | Sold | $499,000$218/sqft |
Source: MoreMLS #22505799 Report a problem | ||
| 4/2/2025 | Pending sale | $499,000$218/sqft |
Source: MoreMLS #22507649 Report a problem | ||
| 3/3/2025 | Listed for sale | $499,000+3226.7%$218/sqft |
Source: MoreMLS #22505799 Report a problem | ||
| 2/14/2025 | Sold | $15,000-95.7%$7/sqft |
Source: Public Record Report a problem | ||
| 6/9/2008 | Sold | $345,000$151/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,653 +8.6% | $533,800 +8.6% |
| 2024 | $10,727 +2.8% | $491,400 +2.4% |
| 2023 | $10,437 +4.6% | $480,100 +20.1% |
| 2022 | $9,977 +4.4% | $399,700 +13.6% |
| 2021 | $9,556 +5.3% | $351,700 +3.3% |
| 2020 | $9,072 +0.4% | $340,500 +2.5% |
| 2019 | $9,033 | $332,300 +2.1% |
| 2018 | $9,033 +7% | $325,500 +4% |
| 2017 | $8,442 +10.4% | $313,100 +2.2% |
| 2016 | $7,647 +0% | $306,300 +9.5% |
| 2015 | $7,644 -3.2% | $279,600 -0.3% |
| 2014 | $7,900 +1.1% | $280,500 -11.4% |
| 2013 | $7,811 +1.7% | $316,500 |
| 2012 | $7,681 +1.1% | $316,500 |
| 2011 | $7,599 +2.7% | $316,500 |
| 2010 | $7,403 +1.7% | $316,500 |
| 2009 | $7,283 | $316,500 |
| 2008 | -- | $316,500 +167.8% |
| 2007 | -- | $118,200 |
| 2006 | -- | $118,200 |
| 2003 | -- | $118,200 |
| 2002 | -- | $118,200 |
| 2001 | -- | $118,200 |
Find assessor info on the county website
Neighborhood: Morristown
Nearby schools
GreatSchools rating
- 5/10Ravine Drive Elementary SchoolGrades: PK-3Distance: 0.7 mi
- 7/10Matawan Aberdeen Mid SchoolGrades: 6-8Distance: 1 mi
- 3/10Matawan Regional High SchoolGrades: 9-12Distance: 0.8 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
$814,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$814,400
- New Jersey
- Monmouth County
- Matawan
- 07747
- Morristown
- 259 Matawan Avenue
Nearby cities
Nearby neighborhoods
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