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191 Main Street Matawan, NJ 07747
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Key Details
Sold Price $545,000
Property Type Multi-Family
Sub Type Two Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,492 sqft
Price per Sqft $365
Municipality Matawan (MAT)
MLS Listing ID 22505422
Sold Date 04/28/25
Bedrooms 3
Full Baths 2
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1908
Annual Tax Amount $10,419
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 33 x 192
Property Sub-Type Two Family
Property Description
Prime Investment Opportunity - Historic Charm & High Cash Flow! Don't miss this cash cow investment property in a prime location, offering both charm & strong income potential! This historic gem features 2 separate units—2-bed, 1-bath & 1-bed, 1-bath—each w/ separate utilities, making it a perfect setup for owner-occupants or investors. Situated on a deep lot, property boasts a large detached 2-car garage, ideal for additional storage or rental income. Walkability to top-rated restaurants, shops, and town amenities, ensuring strong demand year-round. With a potential rent roll of $2,800 and $2,200, this property is a turnkey investment with significant cash flow potential. Whether you're looking to expand your portfolio or secure a prime residence w/ rental income, this one checks it all
Location
State NJ
County Monmouth
Area Matawan
Direction GPS
Rooms
Basement Crawl Space
Interior
Cooling Other
Fireplaces Number 1
Exterior
Garage Spaces 2.0
Private Pool No
Building
Sewer Public Sewer
Water Public
Schools
Middle Schools Matawan Avenue
Others
Senior Community No
Tax ID 31-00035-0000-00011
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Bought with C21 Thomson & Co.