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$801,000
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Property Description
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!
Full Property Details
Full Property Details for 259 Matawan Ave
General
- Sold For: $801,000
- Taxes: $11,140 (2025)
- Status: Closed
- Type: Duplex
- Source: Monmouth
- MLS ID: 22602987
- Added to Site: 112 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: None
- Garage Description: None
Location
- Area: Matawan (MAT)
- Municipality: Matawan (MAT)
- County: Monmouth
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Forced Air, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Basement: Yes
- Square Feet: 2,288
- Year Built: 1950
Unit Information
Unit 1
- Bedrooms: 3
Unit 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Dimensions: 50 x 150
Financial Considerations
- Price Per Sq. Ft.: $371.07
- Tax Amount: $11,140
- Tax Year: 2025
Disclosures and Reports
- Property ID: 31-00096-0000-00002
- Section: Matawan
Listed by C21 Thomson & Co., Kyle Golden
Sold by Fox & Foxx Realty, Damarys Cover
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Schools
Schools serving 259 Matawan Ave
School District:Matawan-Aberdeen Regional School District
| Name | Grades | Distance |
|---|---|---|
Ravine Drive Elementary School 170 Ravine Drive, Matawan, NJ 07747 | K-3 | 0.7 mi |
Lloyd Road Elementary School 401 Lloyd Road, Aberdeen Township, NJ 07747 | 4-5 | 1.4 mi |
Matawan Aberdeen Mid School 469 Matawan Avenue, Aberdeen Township, NJ 07721 | 6-8 | 1 mi |
Matawan Reg High School 450 Atlantic Avenue, Aberdeen Township, NJ 07747 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 259 Matawan Ave
Date
Details
Price
Change
Source
4/14/2026
Sold
$801,000
-5.65%
MLS
2/18/2026
Price Reduced
$849,000
-5.56%
MLS
2/02/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
259 Matawan Avenue, Matawan, NJ 07747 (MLS# 22602987) is a Duplex property that was sold at $801,000 on April 14, 2026. Want to learn more about 259 Matawan Avenue? Do you have questions about finding other Duplex real estate for sale in Matawan? You can browse all Matawan real estate or contact a Coldwell Banker agent to request more information.

