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Matawan 07747
5 Lola Lane
$595,000
● House - Off Market

5 Lola Lane

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,680 Ft²
$3,564
Est. Monthly
7.31%
Cap Rate

About This Property

Nestled on a quiet cul-de-sac in the heart of Matawan, this well-maintained split-level home offers nearly 1,700 sq. ft. of comfortable living space with a versatile layout perfect for any lifestyle. Whether you're a first-time homebuyer, an investor, or looking to downsize, this property presents an incredible opportunity in a prime commuter-friendly location! Built in 1971, this 4-bedroom, 2.5-bathroom home has a thoughtful floor plan that maximizes space and functionality The first level features a spacious family room (which can easily be converted into another bedroom), a convenient first-floor bedroom, a half bath, and a dedicated laundry area. On the second level, enjoy an open-concept living space with a generously sized eat in kitchen, complete with a breakfast island, seamlessly flowing into the living & dining room; ideal for entertaining and everyday living. Just six steps up to the third level, you'll find a full guest bathroom and two well-appointed bedrooms. The primary suite includes its own en-suite bath for added privacy. Originally designed as a three-bedroom level, one of the bedrooms was expanded but can easily be converted back by adding a half wall. The full basement has been upgraded with new windows and sheetrock, offering a blank slate for your personal touch - perfect for a home office, playroom, gym or plain additional storage. The home also includes a two-car garage with direct entry, new gutters, and an inground concrete pool (pool sold as is) Commuters will love the convenience of the bus stop at the top of the street and easy access to the Aberdeen/Matawan Train Station, just 2 miles away; providing express direct service to NYC's Penn Station. Located in the highly rated Matawan School District, this home is just minutes from local shopping, restaurants and recreational spots - including the picturesque Lake Lefferts! Lake Lefferts, with it's new awesome floating pier) offers summer activities such as waterfront dining, rentals and the towns 4th of July firework display. You definitely don't want to miss out on this incredible opportunity to own a home in one of Monmouth County's most desirable areas.  In 2024, Matawan was named the safest city in New Jersey with the lowest property crime rate! Friendly, safe, centralized Matawan - you couldn't ask for more! Welcome home!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$321
Property Type
House
Property Taxes
$913
HOA Dues
-
Year Built
1971

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Last updated: 2 years ago (MOMLS #22503121)

Price History

Date / Event Date Event Price
Apr 15, 2025 Sold
Sold
Feb 19, 2025 In contract -
In contract
Feb 3, 2025 Listed by Keller Williams Realty Central Monmouth $540,000
Listed by Keller Williams Realty Central Monmouth
Oct 28, 2023 No longer available -
No longer available
Oct 2, 2023 In contract -
In contract
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Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 4
  • 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: 480
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 12,882
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF MARC SEVENTY
  • Land Acres: 0000000296
  • 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 29
  • Account Number: 18203
  • District: 31
  • Parcel: 31 00122-0000-00003
  • Block: 122
  • Lot: 3
  • Municipality: MATAWAN BORO
  • Latitude: 40.3928
  • Longitude: -74.2382

    Address

  • Full Address: 5 Lola Ln
  • Address - House Number: 5
  • Address - Street Name: Lola
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C024
  • 4-Digit Zip Code: 3407
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,064,825

    Appraisal Valuation

  • Standard Deviation: 0.0855
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 504,026
  • High Value: 547,142
  • Low Value: 460,910

    Market Valuation

  • Market Total Value: $489,800
  • Market Land Value: $315,300
  • Market Improvement Value: $174,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $489,800
  • Assessed Land Value: $315,300
  • Assessed Improvements Value: $174,500

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021074571
  • Previous Sale Recording Date: May 24, 2000
  • Previous Sale Contract Date: May 12, 2000
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Matawan


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Nearby Rentals

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Unit for rent at 117 Lexington Circle, Matawan, NJ, 07747

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117 Lexington Circle, Matawan, NJ, 07747 Listing by MARIA CAPPILLO


Frequently Asked Questions

When was property at 5 Lola Lane built and last sold?
The property at 5 Lola Lane was built in 1971 and last sold on Jan 25, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 5 Lola Lane is $0.
What are some comparable homes to 5 Lola Lane?
There are currently no comparable homes to 5 Lola Lane.