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
Single-familyProperty Type
1908Year Built
6,338 sq ftLot Size
$442Est. Price/Sq.Ft.
2 car garageParking
Listed by Kyle Golden• C21 Thomson & Co.
Bought with Kyle Golden• C21 Thomson & Co.
Source:MOMLS #22505422
Redfin Estimate
$659,031
$114K since sold in July 2025$9,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.5% higher than the average sale price ($631K) of 6 comparable homes.
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
Public Records
Dec 28, 1994
Sold
$90,000
$60/sq ft
Public Records
Jun 1, 1978
Sold
$29,000
$19/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,629 (−7.6%)
$312,100 + $202,700
$514,800
2024
$10,419 (+2.9%)
$272,100 + $189,300
$461,400
2023
$10,126 (+14.7%)
$327,100 + $150,200
$477,300
2022
$8,828 (+1.2%)
$317,100 + $148,700
$465,800
2021
$8,724 (+1.4%)
$212,100 + $141,600
$353,700
2020
$8,605 (+4.6%)
$192,100 + $129,000
$321,100
2019
$8,228 (+8.5%)
$187,100 + $127,400
$314,500
2018
$7,581 (+3.2%)
$177,100 + $124,300
$301,400
2017
$7,347 (+4.7%)
$147,100 + $113,900
$261,000
2016
$7,014 (−5.0%)
$147,100 + $113,900
$261,000
2015
$7,384 (+12.9%)
$142,100 + $112,400
$254,500
2014
$6,540 (−9.6%)
$147,100 + $92,900
$240,000
2013
$7,238 (+1.1%)
$147,100 + $92,900
$240,000
2012
$7,157 (+1.7%)
$197,100 + $92,900
$290,000
2011
$7,038 (−5.1%)
$197,100 + $92,900
$290,000
2010
$7,414 (+2.7%)
$197,100 + $92,900
$290,000
2009
$7,223
$197,100 + $111,700
$308,800
Tax history for 191 Main St
Year
Property tax
Land + Additions
Assessment*
2025
$9,629 (−7.6%)
$312,100 + $202,700
$514,800
2024
$10,419 (+2.9%)
$272,100 + $189,300
$461,400
2023
$10,126 (+14.7%)
$327,100 + $150,200
$477,300
2022
$8,828 (+1.2%)
$317,100 + $148,700
$465,800
2021
$8,724 (+1.4%)
$212,100 + $141,600
$353,700
2020
$8,605 (+4.6%)
$192,100 + $129,000
$321,100
2019
$8,228 (+8.5%)
$187,100 + $127,400
$314,500
2018
$7,581 (+3.2%)
$177,100 + $124,300
$301,400
2017
$7,347 (+4.7%)
$147,100 + $113,900
$261,000
2016
$7,014 (−5.0%)
$147,100 + $113,900
$261,000
2015
$7,384 (+12.9%)
$142,100 + $112,400
$254,500
2014
$6,540 (−9.6%)
$147,100 + $92,900
$240,000
2013
$7,238 (+1.1%)
$147,100 + $92,900
$240,000
2012
$7,157 (+1.7%)
$197,100 + $92,900
$290,000
2011
$7,038 (−5.1%)
$197,100 + $92,900
$290,000
2010
$7,414 (+2.7%)
$197,100 + $92,900
$290,000
2009
$7,223
$197,100 + $111,700
$308,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
DPD
Downtown Preservation District
The purpose of the Downtown Preservation District is to promote the educational, cultural, economic and general welfare of the Borough pursuant to the provisions of N.J.S.A. 40:55D-1 et seq. The Downtown Preservation District gives special recognition to the unique characteristics of the designated area as they reflect the eighteenth- and nineteenth-century history, architecture, land use relationships and small village way of life. The creation of this district is an attempt to retain and preserve any structures and sites of historic significance whose age and character, both individually and collectively, create the tone and character of the designated area. These regulations are intended to prevent any construction, demolition or exterior alteration which would injure, depreciate or conflict with the tone and character of the district.
Permitted uses
Include but are not limited to:
Housing-Single unit
Office
Property details
Exterior
Exterior Information
Building Style Type: Colonial
Exterior Wall: Frame
Property Information
Living Sq. Ft: 1,492
# of Stories: 2
Parking & Garage Information
# of Parking Spaces: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,338
Legal Lot Number: 11
Legal Block Number: 35
Municipality Name: MATAWAN BORO
Acres: 0.1455
Depth Footage: 192
Front Footage: 33
Zoning Code: DPD
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Tax District County: MATAWAN BORO
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,492
Stories: 2.0
Lot Size: 6,338 square feet
Style: Single Family Residential
Year Built: 1908
Year Renovated: —
County: Monmouth County
APN: 3100035 00011
Home facts updated by county records on Sep 14, 2026
Around this home
Schools
Lloyd Road Elementary School
Public 4-5 • Assigned • 0.9mi
6/10
Matawan Aberdeen Middle School
Public 6-8 • Assigned • 1.5mi
7/10
Matawan Regional High School
Public 9-12 • Assigned • 0.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Matawan, NJ • 07747
Average low and high temperatures (°F)
36
23
41
26
58
38
65
45
73
55
84
64
88
70
81
62
77
61
67
49
56
40
42
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$627,000 – $758,000
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