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
Sold for $499,000 on 07/01/25
$499,000
259 Matawan Avenue, Matawan, NJ 07747
3beds
2,288sqft
Single Family Residence
Built in 1950
7,405.2 Square Feet Lot
$474,500 Zestimate®
$218/sqft
$2,840 Estimated rent
Home value
$474,500
$451,000 - $498,000
$2,840/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 01, 2025 at 01:30pm
Listed by:
Timothy A Shaak 732-312-6512,
Folk Agency
Bought with:
Kyle Golden, 1646836
C21 Thomson & Co.
Source: MoreMLS,MLS#: 22505799
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas
Cooling
- None
Features
- Recessed Lighting
- Flooring: Ceramic Tile, Wood
- Basement: Partial
Interior area
- Total structure area: 2,288
- Total interior livable area: 2,288 sqft
Property
Parking
- Parking features: Driveway, None
- Has uncovered spaces: Yes
Features
- Stories: 2
- Exterior features: Other
Lot
- Size: 7,405 sqft
- Dimensions: 50 x 150
Details
- Parcel number: 3100096000000002
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Matawan
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Listing removed | $2,975$1/sqft |
Source: MoreMLS #22521025 | ||
| 9/12/2025 | Price change | $2,975-4%$1/sqft |
Source:  HomeServices Property Management | ||
| 8/13/2025 | Price change | $3,100-3.1%$1/sqft |
Source: HomeServices Property Management | ||
| 7/16/2025 | Listed for rent | $3,200$1/sqft |
Source: HomeServices Property Management | ||
| 7/1/2025 | Sold | $499,000$218/sqft |
Source:  MoreMLS #22505799 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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% |
Find assessor info on the county website
Neighborhood: Morristown
Nearby schools
GreatSchools rating
- 5/10Ravine Drive Elementary SchoolGrades: PK-3Distance: 0.7 mi
- 6/10Matawan Aberdeen Mid SchoolGrades: 6-8Distance: 1 mi
- 3/10Matawan Reg 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
$474,500
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
$474,500