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For sale
    • Price increase: $100 (10/12)
    $340,000

    48 Ellen Heath Dr, Matawan, NJ 07747

    2beds
    1,228sqft
    : 
    $2,529/mo
    Get pre-qualified
    Condominium
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $277/sqft
    $-- HOA

    What's special

    Desirable multi-floor layout
    Investor & Owner-Occupant Alert: Turnkey Income Producer with Future Move-In Potential Price / Value: Exceptional opportunity at a competitive entry price point. Layout: 2 bedrooms, 2 bathrooms, private 1-car garage, and a desirable multi-floor layout. Condition: Well-maintained and in good overall condition. Location: Sought-after Old Bridge School District, conveniently close to major transit options and shopping. Association Perks: Low-cost maintenance association covering all exterior upkeep, ensuring hassle-free property management. Flexible Tenancy & Transition Timeline Current Status: Tenant is currently in place through December, providing immediate, day-one income for investors. Transition & Flexibility: Following December, the tenancy transitions to a month-to-month arrangement. This offers ultimate flexibility for both investors wishing to keep a tenant in place and first-time home buyers or owner-occupants planning to move in after the lease term concludes. Sale Terms: Sold strictly as-is; seller will not remove the tenant prior to closing. Bring all offers. Secure your next investment or your future home today!
    26 days
    973
    53

    Zillow last checked:

    Listing updated:

    Listed by:

    SILVIO GONZALEZ 732-713-5094,

    NEW AND MODERN GROUP LLC

    Source: All Jersey MLS,MLS#: 2705017RMLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Dining room
      • Features: Living Dining Combo
      Kitchen
      • Features: Eat-in Kitchen
      Basement
      • Area: 0
      Heating
      • See Remarks
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, See Remarks
      Features
      • Other Room(s)
      • Flooring: See Remarks
      • Has basement: No
      • Has fireplace: No
      • Fireplace features: See Remarks
      Interior area
      • Total structure area: 1,228
      • Total interior livable area: 1,228 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Additional Parking, Garage, Attached, See Remarks
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: See Remarks
      • Stories: 2
      Lot
      • Size: 750 Square Feet
      • Dimensions: 30.00 x 25.00
      • Features: See Remarks
      Details
      • Parcel number: 150323000043C0048

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Remarks
      • Property subtype: Condominium
      Materials
      • Roof: See Remarks
      Condition
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: See Remarks

      Community & HOA

      HOA
      • Has HOA: Yes
      • Services included: See remarks
      • Additional fee info: Maintenance Expense: $600 Monthly
      Location
      • Region: Matawan

      Financial & listing details

      • Price per square foot: $277/sqft
      • Tax assessed value: $89,300
      • Annual tax amount: $5,649
      • Date on market: 9/23/2026
      • Ownership: Condominium

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,683/mo

        Price history

        DateEventPrice
        10/12/2026Price change$340,000+0%$277/sqft
        Source: All Jersey MLS #2705017R Report a problem
        10/6/2026Price change$339,900-5.6%$277/sqft
        Source: All Jersey MLS #2705017R Report a problem
        9/24/2026Listed for sale$359,9000%$293/sqft
        Source: All Jersey MLS #2705017R Report a problem
        9/22/2026Listing removed$360,000$293/sqft
        Source: Bright MLS #NJMX2012154 Report a problem
        7/20/2026Contingent$360,000$293/sqft
        Source: All Jersey MLS #2613073R Report a problem
        5/12/2026Price change$360,000-4%$293/sqft
        Source: All Jersey MLS #2613073R Report a problem
        3/31/2026Listed for sale$375,000+10.3%$305/sqft
        Source: All Jersey MLS #2613073R Report a problem
        11/7/2025Listing removed$2,500$2/sqft
        Source: All Jersey MLS #2606089R Report a problem
        10/30/2025Price change$2,500-10.7%$2/sqft
        Source: All Jersey MLS #2606089R Report a problem
        10/30/2025Price change$340,000-5.5%$277/sqft
        Source: All Jersey MLS #2602463R Report a problem
        10/17/2025Listed for rent$2,800+51.4%$2/sqft
        Source: All Jersey MLS #2606089R Report a problem
        9/25/2025Price change$359,900-7.7%$293/sqft
        Source: All Jersey MLS #2602463R Report a problem
        8/12/2025Listed for sale$389,900+81.3%$318/sqft
        Source: All Jersey MLS #2602463R Report a problem
        6/5/2020Listing removed$1,850$2/sqft
        Source: COLDWELL BANKER RES. BROKERAGE #2016709 Report a problem
        5/22/2020Listed for rent$1,850$2/sqft
        Source: COLDWELL BANKER RES. BROKERAGE #2016709 Report a problem
        8/2/2014Listing removed$215,000$175/sqft
        Source: Gloria Nilson and Co. Real Estate #21416239 Report a problem
        6/12/2014Price change$215,000-4.4%$175/sqft
        Source: Gloria Nilson and Co. Real Estate #21416239 Report a problem
        4/29/2014Listed for sale$225,000+246.2%$183/sqft
        Source: Gloria Nilson and Co. Real Estate #21416239 Report a problem
        5/20/2013Sold$65,000$53/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,938 $89,300
        2024$4,938 +4.3%$89,300
        2023$4,735 +2.3%$89,300
        2022$4,627 +1.7%$89,300
        2021$4,550 -2%$89,300
        2020$4,643 +3.1%$89,300
        2019$4,502 $89,300
        2018$4,502 +5%$89,300
        2017$4,288 +1.7%$89,300
        2016$4,216 +1%$89,300
        2015$4,172 +8.9%$89,300
        2014$3,833 +2.8%$89,300
        2012$3,728 +3.2%$89,300
        2011$3,613 +2.2%$89,300
        2010$3,535 +1.8%$89,300
        2009$3,473 $89,300
        2003-- $89,300
        2002-- $89,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 07747

        Getting around

        46 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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