259 Matawan Avenue, Matawan, NJ 07747

$801,000

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Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 2,288 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $801,000 List Date: 2/03/2026 Last Modified: 4/14/2026

Overview

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!

Listing Details MLS# 22602987

Contract Info

List Price/SqFt: 371.07
Property Sub-Type: Duplex

Location

House Number: 259
Street Name: Matawan
Street Suffix: Avenue
County: Monmouth
Municipality: Matawan (MAT)
Postal City: Matawan
State: NJ
Zip Code: 07747
Area/Section: Matawan
Complex/Subdivision: None
Middle School: Matawan Avenue
Directions: GPS

General Property Info

# Units in Bldg: 2
Full Baths: 2
Total Baths: 2
# Levels: 2
Apx SqFt: 2288
Apx Year Built: 1950
# Acres: 0.17
Lot Dimensions: 50 x 150
Garage: No
Pool: No
Waterfront: No
Waterview: No
Basement: Yes
# Car Garage: 0

Tax and Legal

Asmnt - Total: 533800
Deed Restricted: No
Taxes: 11140
Tax Year: 2025

Status Change Info

Under Contract Date: 2026-02-27
Sold Date: 2026-04-14

Unit 1

# Bedrooms: 3
# Full Baths: Yes

More Information

Unit 2

# Bedrooms: 2
# Full Baths: Yes

Showing

Showing Time: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Basement

Other: Yes
Walk-Out Access: Yes

Cooling

Other: Yes

Water Heater

Natural Gas: Yes

Heating

Baseboard: Yes
Forced Air: Yes

Garage

None: Yes

Assessment Status

Assessed: Yes

Property Features

Basement: Walk-Out Access; Other Cooling: Other Heating: Baseboard; Forced Air Water Heater: Natural Gas Garage: None Assessment Status: Assessed Showing: Showing Time

Listing Office: C21 Thomson & Co.

Listing Agent: Kyle Golden

Last Updated: April - 14 - 2026

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