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Matawan 07747
2 Shainy Lane
$465,000
● House - Off Market

2 Shainy Lane

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,322 Ft²
$709,781
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Super upgraded 4 bedroom, 2 1/2 bath center hall colonial on a very desirable, private street that ends in a cul-de-sac. Beautifully remodeled eat-in kitchen has granite counters & all appliances. 3 stunning upgraded bathrooms. Main bath has a whirlpool tub. Inviting family room w/ woodburning fireplace. Recently stained hardwood floors in the living room, formal dining room and family room. 4 spacious bedrooms. Master bedroom has a walk-in closet and full bathroom. Huge basement has 2 large finished rooms and an ample amount of storage space. Large deck for entertaining. Anderson windows. 2 car garage. Newer features include refrigerator, HW heater, washer, deck and carpeting.  5 minutes to the Train Station & buses to NYC and the Garden State Pkwy entrance.
Unit Size
2,322 Ft²
Days on Market
-
Land Size
-
Price per sqft
$209
Property Type
House
Property Taxes
$1,044
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (MOMLS #21915919)

Price History

Date / Event Date Event Price
Nov 5, 2019 Sold
Premium
Sold
Apr 15, 2019 Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan $484,900
Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,230
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,322
  • Building Area: 2,322
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,322
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 27
  • District: 31
  • Parcel: 31 00119- 01-00020- 03
  • Block: 119.01
  • Lot: 20.03
  • Municipality: MATAWAN BORO
  • Latitude: 40.4032
  • Longitude: -74.2407

    Address

  • Full Address: 2 Shainy Ln
  • Address - House Number: 2
  • Address - Street Name: Shainy
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C001
  • 4-Digit Zip Code: 3372
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,242,224

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 685,629
  • High Value: 812,056
  • Low Value: 559,203

    Market Valuation

  • Market Total Value: $571,400
  • Market Land Value: $252,500
  • Market Improvement Value: $318,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $571,400
  • Assessed Land Value: $252,500
  • Assessed Improvements Value: $318,900

    Sales

  • Current Sale Contract Date: Nov 05, 2019
  • Current Sale Recording Date: Nov 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019109188
  • Previous Sale Recording Date: May 27, 2008
  • Previous Sale Contract Date: Apr 28, 2008
  • Previous Sale Amount: $443,000
  • Previous Sale Document Type: 12
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:

$625,000

Sale Price/ft²

$349

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1839 ft²

Average Home Age

47.5 years

Currently For Sale

24 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 18 Fierro Avenue, Matawan, NJ, 07747

$4,500 /mo

  • 3 Beds
  • 2 Baths
18 Fierro Avenue, Matawan, NJ, 07747 Listing by Tina E Jimenez

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Allan Buim, Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21915919
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.

Frequently Asked Questions

When was property at 2 Shainy Lane built and last sold?
The property at 2 Shainy Lane was built in 1988 and last sold on Nov 5, 2019 for $465,000.
How much is this home worth?
The estimated value of the home located at 2 Shainy Lane is $507,742.
What are some comparable homes to 2 Shainy Lane?
There are currently no comparable homes to 2 Shainy Lane.
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