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Matawan 07747
16 Eisenhower Court
$580,000
● House - Off Market

16 Eisenhower Court

Matawan, NJ 07747
bedrooms
3 Beds
bathrooms
2 Baths
$3,767
Est. Monthly
4.96%
Cap Rate

About This Property

Your Dream Home Awaits! Immaculate 3 Bed, 2 Bath Ranch on a Quiet Cul-de-Sac  Nestled in a park-like setting, this updated ranch offers a serene escape with impeccable curb appeal and meticulous landscaping. The attached garage provides convenient access to a laundry room. The remodeled white and blue custom kitchen, featuring elegant subway tile and stainless steel appliances, opens to a cozy family room with a wood-burning fireplace. A sliding glass door leads to the backyard oasis, complete with a deck, shed, and sitting area that overlooks Gravelly Creekideal for nature lovers and bird watchers seeking privacy.  Located near shopping and NYC transit, it's perfect for commuters. With too many upgrades to list, this gem is a must-see! Make your appointment today before it's the one that got away!
Unit Size
-
Days on Market
64 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$820
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 13 months ago (CJMLS #2560448M)

Price History

Date / Event Date Event Price
Dec 5, 2024 Sold
Premium
Sold
Oct 29, 2024 In contract -
In contract
Oct 18, 2024 Price Decreased $600,000
↓ $20K (3.2%)
Price Decreased
Oct 1, 2024 Listed by FATHOM REALTY NJ LLC $619,999
Listed by FATHOM REALTY NJ LLC
Feb 18, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,605
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,370
  • Building Area: 1,370
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,370
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 803000

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 30
  • District: 31
  • Parcel: 31 00120- 01-00029
  • Block: 120.01
  • Lot: 29
  • Municipality: MATAWAN BORO
  • Latitude: 40.401
  • Longitude: -74.2316

    Address

  • Full Address: 16 Eisenhower Ct
  • Address - House Number: 16
  • Address - Street Name: Eisenhower
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C026
  • 4-Digit Zip Code: 3401
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $984,387

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 512,212
  • High Value: 603,150
  • Low Value: 421,275

    Market Valuation

  • Market Total Value: $452,800
  • Market Land Value: $310,200
  • Market Improvement Value: $142,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,800
  • Assessed Land Value: $310,200
  • Assessed Improvements Value: $142,600

    Sales

  • Current Sale Contract Date: Feb 18, 2015
  • Current Sale Recording Date: Feb 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015014796
  • Previous Sale Recording Date: Jan 16, 2006
  • Previous Sale Contract Date: Oct 21, 2005
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Matawan

Stats & Trends

Median Asking:

$635,000

Sale Price/ft²

$350

Below Asking

0.02%

Average Days on Market

67

Average Home Size

1651 ft²

Average Home Age

60.9 years

Currently For Sale

19 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 126 Main Street, Matawan, NJ, 07747

$3,300 /mo

  • 3 Beds
  • 2 Baths
126 Main Street #410, Matawan, NJ, 07747 Listing by Nikita Bhasin

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: MARY SHANNON S. COOPER
FATHOM REALTY NJ LLC
Last Updated: 13 months ago
Data Source: CJMLS , MLS# 2560448M

Frequently Asked Questions

When was property at 16 Eisenhower Court built and last sold?
The property at 16 Eisenhower Court was built in 1960 and last sold on Feb 18, 2015 for $290,000.
How much is this home worth?
The estimated value of the home located at 16 Eisenhower Court is $606,000.
What are some comparable homes to 16 Eisenhower Court?
There are currently no comparable homes to 16 Eisenhower Court.
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