259 Matawan Avenue 2, Matawan, NJ 07747

New Listing
$899,000
Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 2,288 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $899,000 List Date: 2/03/2026 Last Modified: 2/03/2026

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!

More Information MLS# 22602987

Contract Info

List Price/SqFt: 392.92 Status: Active List Date: 2026-02-02 List Price: $899,000 Current Price: $899,000 Property Sub-Type: Duplex

Location

Unit/Suite #: 2 Area/Section: Matawan Middle School: Matawan Avenue House Number: 259 Street Name: Matawan Street Suffix: Avenue County: Monmouth Municipality: Matawan (MAT) Postal City: Matawan State: NJ Zip Code: 07747 Complex/Subdivision: None Directions: GPS

General Property Info

# Units in Bldg: 2 Waterfront: No # Levels: 2 Waterview: No Lot Dimensions: 50 x 150 Basement: Yes Garage: No # Acres: 0.17 # Car Garage: 0 Pool: No Bedrooms: 5 Full Baths: 2 Total Baths: 2 Apx SqFt: 2288 Apx Year Built: 1950

Tax and Legal

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

Unit 1

# Bedrooms: 3 # Full Baths: 1

Unit 2

# Bedrooms: 2 # Full Baths: 1

Showing

Showing Time: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Basement

Other: 1 Walk-Out Access: 1

Cooling

Other: 1

Water Heater

Natural Gas: 1

Heating

Baseboard: 1 Forced Air: 1

Garage

None: 1

Assessment Status

Assessed: 1

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
IDX
Last Updated: February - 03 - 2026
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