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Matawan 07747
33 Union Street
$560,000
● House - Off Market

33 Union Street

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,848 Ft²
$582,235
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Truly a must see!! Extremely well cared for 4 bedroom/3 bath bi-level located in highly desirable Marc Woods! Beautiful professionally lanscaped curb appeal leads to a light, bright, & airy open floor plan. Tons of natural sunlight floods in through the oversized windows. Newer kitchen with large center island & stainless steel appliances. Gleaming hardwood floors. Sliders lead to the spacious backyard with paver patio & outdoor kitchen perfect for entertaining. Oversized driveway provides additional parking spaces. Close to NYC train & bus (approx 1 mile from train station & bus picks up on corner), minutes from parkway entrance, multiple grocery stores, restaurant ,shopping,  parks, etc
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$298
Property Type
House
Property Taxes
$935
HOA Dues
-
Year Built
1963

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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: 3 years ago (MOMLS #22236186)

Price History

Date / Event Date Event Price
Jan 27, 2023 Sold
Premium
Sold
Nov 28, 2022 Listed by RE/MAX Central $550,000
Listed by RE/MAX Central

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 0
  • Basement Area: 0
  • Garage Type: 2
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 803100

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 35
  • Account Number: 20970
  • District: 31
  • Parcel: 31 00065- 08-00031
  • Block: 65.08
  • Lot: 31
  • Municipality: MATAWAN BORO
  • Latitude: 40.4233
  • Longitude: -74.24

    Address

  • Full Address: 33 Union St
  • Address - House Number: 33
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C016
  • 4-Digit Zip Code: 2840
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,225,484

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 608,322
  • High Value: 724,264
  • Low Value: 492,380

    Market Valuation

  • Market Total Value: $563,700
  • Market Land Value: $375,000
  • Market Improvement Value: $188,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,700
  • Assessed Land Value: $375,000
  • Assessed Improvements Value: $188,700

    Sales

  • Current Sale Contract Date: Jan 25, 2023
  • Current Sale Recording Date: Feb 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8502
  • Previous Sale Recording Date: Dec 27, 1991
  • Previous Sale Contract Date: Dec 27, 1991
  • Previous Sale Amount: $138,000
  • 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:

$599,450

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1694 ft²

Average Home Age

64.5 years

Currently For Sale

20 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 104 Midland Avenue, Cliffwood, NJ, 07721

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,911 ft²
104 Midland Avenue, Cliffwood, NJ, 07721 Listing by Charles Croce
Unit for rent at 117 Lexington Circle, Matawan, NJ, 07747

$4,200 /mo

  • 3 Beds
  • 2 Baths
117 Lexington Circle, Matawan, NJ, 07747 Listing by MARIA CAPPILLO

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lori Bocchieri-Bennett, RE/MAX Central
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22236186
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 33 Union Street built and last sold?
The property at 33 Union Street was built in 1963 and last sold on Jan 25, 2023 for $574,000.
How much is this home worth?
The estimated value of the home located at 33 Union Street is $561,899.
What are some comparable homes to 33 Union Street?
There are currently no comparable homes to 33 Union Street.
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