$769,900
↓ $30K (3.8%)
●
House -
For Sale
2 Lakeland Drive
Matawan, NJ 07747
4 Beds
2 Baths,
1
Half Bath
2,206 Ft²
$4,865
Est. Monthly
About This Property
Welcome to Edgemere Heights, a lakeside community of custom built
homes. This wonderful 4bdrm 2 1/2 bath colonial checks all the
boxes. Spacious rooms, fireplace in family room, full basement,
oversized lot, in-ground pool, two car garage and a fabulous
location. Inside the home it's a true center hall colonial, so the
layout is quite appealing. Spacious primary bedroom with WIC and
full bath. All bedrooms are very generous in size too. Full
basement with walk out access! Perfect for storing all your outdoor
furniture and pool equipment. Homes like this do not come on the
market often, so hurry to see this one!
Unit Size
2,206 Ft²
Days on Market
33 days
Land Size
0.24 acres
Price per sqft
$349
Property Type
House
Property Taxes
$1,084
HOA Dues
-
Year Built
1970
Listed By
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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: 11 days ago (MOMLS #22623391)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$769,900
↓ $30K
(3.8%) | |
| Price Decreased | |||
| Aug 26, 2026 | Relisted | $799,900 | |
| Relisted | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Listed by EXP Realty | $799,900 | |
| Listed by EXP Realty | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Oversized, Double Wide Drive
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Attic, Center Hall
Flooring Type: Ceramic Tile, Wood
Rooms: 13
Has Fireplace
Fireplaces: 1
Basement: Full, Unfinished, Walk-Out Access
Exterior Details
Square Footage: 2206
Architectural Style: Colonial, Custom
Year Built: 1970
Building Area Total: 2206
Patio and Porch Features: Patio
Pool Features: In Ground, Vinyl
Pool is Private
Lot Features: Corner Lot
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Lot Size Square Feet: 10454.4
Lot Size Dimensions: 82 x 125
Water Source: Public
Financial Details
Tax Assessed Value: $691,000
Tax Annual Amount: $13,006
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Matawan
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Listed by: Donna Bruno, EXP Realty
Last Updated: 11 days ago
Data Source: MOMMLS, MLS# 22623391
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 11 days ago
Data Source: MOMMLS, MLS# 22623391
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