259 Matawan Avenue, Matawan, NJ 07747
Property image
Property image
SOLD
APR 14, 2026

$821,900

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 2,288 sqft

259 Matawan Avenue, Matawan, NJ 07747

Morristown
Est. Refi. Payment $5,714/mo*
Refinance Your Home
Currently Off Market - Sold Apr 14, 2026 for $801,000 (6% below list price)

Home Value

Trulia Estimate
$822K
Since last month
Decreased$4K (-0.5%)
Since last year
Increased$340K (+70.1%)
Since last sale
Increased$23K (+2.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +137% in the last 10 years
MonthEstimated value
2026
September 2026$824K
August 2026$828K
July 2026$819K
June 2026$816K
May 2026$809K
April 2026$804K
January 2026$638K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.42
Multi-Family Home
$750,000
06/09/26
4
2
2,280
0.58
Multi-Family Home
$250,000
03/16/26
4
2.5
5,000
1.14
Multi-Family Home
$600,000
03/06/26
3
2
1,494
1.92
Multi-Family Home
$660,000
10/17/25
5
3
3,020
1.95
Multi-Family Home
$798,400
07/10/26
6
4
2,564
1.83
Multi-Family Home
$465,000
08/06/26
3
2
961

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$688,900
4
2
-
Off Market
0.15
$511,700
3
2
1,322
Off Market
0.14
$760,100
4
3
-
Off Market
0.16
$529,700
3
1
-
Off Market
0.18
$973,900
4
2.5
2,783
Off Market
0.18
$583,500
4
2
1,505
Off Market
0.20
$486,000
3
1
-
Recently Sold
0.22
$617,100
3
1.5
1,208
Off Market
0.22
$725,000
3
2
-
Recently Sold
0.22
$594,300
3
2
-
Off Market
0.25
$725,000
3
2.5
1,720
Recently Sold

Local Information

  • Map ViewExplore the area around 259 Matawan Avenue.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1950
2,288 sqft
$350/sqft

About this House

LOCATION LOCATION LOCATION - CASH COW INVESTMENT PROPERTY GENERATING $5,575/ MONTH OF RENT. COMPLETELY UPDATED DUPLEX ON OVERSIZED 50X150 LOT (POTENTIAL SUB DIVISION) 25 MINUTES TO THE NEW NETFLIX HEADQUARTERS LOCATED IN EATONTOWN. OVERSIZED CORNER LOT. 3 BEDROOMS 1 BATH UNIT 1 AND 2 BEDROOM 1 BATH UNIT 2. PREPARE TO BE AMAZED! SHORT DRIVE TO TRAIN STATION & FERRY! RENT ROLL $2975 UNIT 1, $2600 UNIT 2. EXPENSES: INSURANCE $1400, TAXES $9,000 .NOI $56,500. NOT IN A FLOOD ZONE!
259 Matawan Avenue, Matawan, NJ 07747 is a 5 bedroom, 2 bathroom, 2,288 sqft multi-family in Morristown, built in 1950. It last sold for $801,000 on Apr 14, 2026 (6% below the $849,000 asking price). More recently, it was listed as a rental in July 2025 with an asking price of $3,200 per month. That rental listing was removed on October 1, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $821,900, with a rent estimate of $2,966/month.
Last check for updates: 1 day ago
Listed by Kyle Golden, (201) 400-5427
C21 Thomson & Co.
Bought with: Damarys Cover, (848) 266-0038, Fox & Foxx Realty
Source: MoreMLS, MLS#22602987

Home Details for 259 Matawan Avenue

Interior Features

Interior Details
Basement: Walk-Out Access,Other
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2
Heating & Cooling
Heating: Forced Air,BaseboardHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Parking & Garage
No GarageNo Attached GarageParking: None
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Property Information
Parcel Number: 3100096000000002

Price & Status

Price
List Price: $849,000Price Per Sqft: $350/sqft
Status Change & Dates
Off Market Date: Fri Feb 27 2026

Active Status

MLS Status: Closed

Location

Direction & Address
City: MatawanCommunity: None
School Information
Jr High / Middle School: Matawan Avenue

Building

Building Area
Building Area: 2288 Square Feet

Lot Information

Lot Area: 7405.2 sqft

Miscellaneous

BasementMls Number: 22602987

Additional Information

Source Internet Entire Listing Display

Price and Tax history

DateEventPrice
Apr 14, 2026
Source: MoreMLS #22602987
Sold
$801,000
Feb 27, 2026
Source: MoreMLS #22602987
Pending
$849,000
Feb 18, 2026
Source: MoreMLS #22602987
PriceChange
$849,000
Price decreased by 6%
Feb 3, 2026
Source: MoreMLS #22602987
Listed For Sale
$899,000
Oct 1, 2025
Source: MoreMLS #22521025
ListingRemoved
$2,975

Market trends in Matawan

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$545K
$43.33K
MoM
Sale-to-List Price
102.4%
1.9%
MoM
Price per sq ft
$363
$12
MoM
Available listings
104
5
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Morristown

At least 1 Trulia users voted on each feature.
  • 100 % Say there are community events

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Dionairys Velez
    "Halloween is a very important holiday, everybody decorate their houses and give out very good candy celection Xmas tree lighting "

LGBTQ Local Legal Protections

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.

Frequently asked questions about 259 Matawan Avenue

  • What is 259 Matawan Avenue estimated to be worth?
    Trulia's estimated value for 259 Matawan Avenue is $821,900.
  • What is the price history for 259 Matawan Avenue?
    259 Matawan Avenue last sold for $801,000 in April 2026.
  • Is Matawan a buyer's or seller's market?
    Matawan is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Matawan?
    The median sale price in Matawan is $545K. That is up $43.33K from the prior month.
  • Does 259 Matawan Avenue have air conditioning?
    Yes, 259 Matawan Avenue has air conditioning.

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