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!
2 years ago• May not reflect the current state of the home
Amanda Cregan
Redfin Associate agent
Sale and tax history for 259 Matawan Ave
Sale History
Tax History
Date
Event
Price
MOMLS #22602987
Apr 14, 2026
Sold
$801,000
$350/sq ft
Feb 27, 2026
Pending
—
Feb 18, 2026
Price Changed
$849,000
$371/sq ft
Feb 2, 2026
Listed
$899,000
$393/sq ft
MOMLS #22521025
Oct 1, 2025
Rental Removed
$2,975
$1/sq ft
Sep 12, 2025
Price Changed
$2,975
$1/sq ft
Aug 13, 2025
Price Changed
$3,100
$1/sq ft
Jul 17, 2025
Listed for Rent
$3,200
$1/sq ft
MOMLS #22507649
Jul 1, 2025
Sold
$499,000
$218/sq ft
Apr 2, 2025
Pending
—
Mar 19, 2025
Listed
$499,000
$218/sq ft
+6
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
MOMLS #22505799
Jul 1, 2025
Sold
$499,000
$218/sq ft
Apr 2, 2025
Pending
—
Mar 3, 2025
Listed
$499,000
$218/sq ft
+11
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
Public Records
Jun 9, 2008
Sold
$345,000
$151/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,140 (+3.9%)
$273,600 + $293,100
$566,700
2024
$10,727 (+2.8%)
$260,100 + $273,700
$533,800
2023
$10,437 (+4.6%)
$273,600 + $217,800
$491,400
2022
$9,977 (+4.4%)
$264,600 + $215,500
$480,100
2021
$9,556 (+2.6%)
$194,400 + $205,300
$399,700
2020
$9,316 (+2.7%)
$164,700 + $187,000
$351,700
2019
$9,072 (+0.4%)
$155,700 + $184,800
$340,500
2018
$9,033 (+2.5%)
$152,100 + $180,200
$332,300
2017
$8,814 (+4.4%)
$138,600 + $174,500
$313,100
2016
$8,441 (+10.4%)
$138,600 + $174,500
$313,100
2015
$7,647
$134,100 + $172,200
$306,300
2014
$7,643 (−3.3%)
$116,100 + $164,400
$280,500
2013
$7,900 (+1.1%)
$116,100 + $164,400
$280,500
2012
$7,811 (+1.7%)
$152,100 + $164,400
$316,500
2011
$7,681 (+1.1%)
$152,100 + $164,400
$316,500
2010
$7,599 (+2.7%)
$152,100 + $164,400
$316,500
2009
$7,403
$152,100 + $164,400
$316,500
Public record
Beds
—
Baths
—
Stories
2
Lot width
50 ft.
Lot depth
150 ft.
Lot size
7,500 Sq. Ft.
Year renovated
—
Sq. Ft.
2,288
Year built
1950
Style
Single Family Residential
County
Monmouth County
APN
3100096 00002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
Property details
Parking
Parking Information
Garage Spaces: 0.0
Interior
Interior Features
Fireplaces Total: 0
Heating & Cooling
Heating: Yes
Forced Air, Baseboard
Cooling: Yes
Other
Bedroom Information
Bedrooms Total: 5
Bathroom Information
Bathrooms Total Integer: 2
Bathrooms Total Decimal: 2.0
Bathrooms Full: 2
Bathrooms Half: 0
Basement Information
Basement: Walk-Out Access, Other
Exterior
Property Information
Ownership: NJ LIC RE, Individual(s)
Subdivision Information
None
Matawan
Matawan (MAT)
Financial
Tax Information
Parcel Number: 31-00096-0000-00002
Tax Annual Amount: 11140.0
Tax Block: 96
Tax Lot: 2
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Location
Location Information
Monmouth
Latitude: 40.418367
Longitude: -74.233046
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,288
Stories: 2.0
Lot Size: 7,500 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Monmouth County
APN: 3100096 00002
Home facts updated by county records on Jul 8, 2026
Other
Documents & Disclosures
Documents Change Timestamp: 2026-02-03T01:55:32Z
Documents Count: 0
Listing Information
Photos Count: 46
Closed
Around this home
Schools
Ravine Drive Elementary School
Public PreK-3 • Assigned • 0.7mi
5/10
Matawan Aberdeen Middle School
Public 6-8 • Assigned • 1.0mi
7/10
Matawan Regional High School
Public 9-12 • Assigned • 0.8mi
3/10
Provided by GreatSchools
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
$847,000 – $1.02M
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