$821,900
- 5 Beds
- 2 Baths
- 2,288 sqft
259 Matawan Avenue, Matawan, NJ 07747
Est. Refi. Payment $5,714/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 14, 2026 for $801,000 (6% below list price)
Home Value
Trulia Estimate
$822KSince 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
| Month | Estimated 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
-- mins to
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
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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 |
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Parking & Garage No GarageNo Attached GarageParking: None |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Property Information Parcel Number: 3100096000000002 |
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Price List Price: $849,000Price Per Sqft: $350/sqft |
Status Change & Dates Off Market Date: Fri Feb 27 2026 |
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MLS Status: Closed |
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Direction & Address City: MatawanCommunity: None |
School Information Jr High / Middle School: Matawan Avenue |
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Building Area Building Area: 2288 Square Feet |
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Lot Area: 7405.2 sqft |
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BasementMls Number: 22602987 |
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Source Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Sep 12, 2025 Source: HomeServices Property Management | PriceChange | $2,975 Price decreased by 4% |
Aug 13, 2025 Source: HomeServices Property Management | PriceChange | $3,100 Price decreased by 3% |
Jul 16, 2025 Source: HomeServices Property Management | Listed For Rent | $3,200 |
Jul 1, 2025 Source: MoreMLS #22505799 | Sold | $499,000 |
Apr 2, 2025 Source: MoreMLS #22507649 | Pending | $499,000 |
Mar 3, 2025 Source: MoreMLS #22505799 | Listed For Sale | $499,000 |
Feb 14, 2025 Source: N/A | Sold | $15,000 |
Jun 9, 2008 Source: N/A | Sold | $345,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $11,653 | $533,800 |
Home facts updated by county records
Market trends in Matawan
Last updated August 2026
Avg. sale price
$545K
$43.33KMoM
Sale-to-List Price
102.4%
1.9%MoM
Price per sq ft
$363
$12MoM
Available listings
104
5MoM
Around this home
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.
LGBTQ Local Legal Protections
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.

