261 Matawan Ave, Matawan, NJ 07747
Property image
Property image
OFF MARKET

$799,400

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,400 sqft (on 0.40 acres)

261 Matawan Ave, Matawan, NJ 07747

Morristown
Est. Refi. Payment $5,418/mo*
Refinance Your Home
Currently Off Market - Sold Oct 14, 2021 for $590,000

Home Value

Trulia Estimate
$799K
Since last month
Decreased$8K (-1%)
Since last year
Increased$49K (+6.5%)
Since last sale
Increased$211K (+35.7%)
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 +131% in the last 10 years
MonthEstimated value
2026
August 2026$801K
August 2026$800K
July 2026$809K
June 2026$802K
May 2026$799K
April 2026$782K
March 2026$778K
February 2026$760K
January 2026$757K
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
11 1/2 Edgewater Drive, Matawan, NJ
0.42
Single-Family Home
$590,000
06/04/26
4
2.5
2,084
22 Colonial Dr, Matawan, NJ
0.33
Single-Family Home
$625,000
09/09/25
3
1.5
1,508
36 Union Street, Matawan, NJ
0.52
Single-Family Home
$810,000
12/03/25
4
2.5
2,307
42 Beechwood Terrace, Matawan, NJ
0.48
Single-Family Home
$760,000
10/31/25
5
3
2,312
37 Daniel Drive, Matawan, NJ
0.47
Single-Family Home
$680,000
08/13/26
3
2
1,826
10 Chestnut Dr, Matawan, NJ
0.38
Single-Family Home
$665,000
03/31/26
3
2
1,722
45 Beechwood Terrace, Matawan, NJ
0.51
Single-Family Home
$500,000
07/09/26
5
1.5
2,046
159 Washington Avenue, Matawan, NJ
0.19
Single-Family Home
$725,000
08/24/26
3
2.5
1,720
26 Edgewater Drive, Matawan, NJ
0.45
Single-Family Home
$565,000
01/16/26
3
1.5
1,779
202 Main Street, Matawan, NJ
0.42
Single-Family Home
$615,000
09/09/25
3
3
2,256

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
259 Matawan Avenue, Matawan, NJ 07747
0.06
$801,000
5
2
2,288
Recently Sold
4 Highland Avenue, Matawan, NJ 07747
0.09
$693,000
4
2
-
Off Market
347 Forrest Avenue, Matawan, NJ 07747
0.08
$768,200
4
3
-
Off Market
3 Forrest Avenue, Matawan, NJ 07747
0.09
$520,400
3
2
1,322
Off Market
8 Grant Street, Matawan, NJ 07747
0.10
$533,200
3
1
-
Off Market
127 Washington Avenue, Matawan, NJ 07747
0.13
$978,800
4
2.5
2,783
Off Market
131 Washington Avenue, Matawan, NJ 07747
0.13
$585,900
4
2
1,505
Off Market
255 Harding Blvd, Matawan, NJ 07747
0.15
$486,000
3
1
-
Recently Sold
252 Harding Boulevard, Matawan, NJ 07747
0.16
$620,800
3
1.5
1,208
Off Market
257 Harding Boulevard, Matawan, NJ 07747
0.16
$725,000
3
2
-
Recently Sold
355 Forrest Avenue, Matawan, NJ 07747
0.17
$623,100
3
2
-
Off Market
159 Washington Avenue, Matawan, NJ 07747
0.19
$725,000
3
2.5
1,720
Recently Sold

Local Information

  • Map ViewExplore the area around 261 Matawan Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1975
0.4 acre lot
2,400 sqft
$333/sqft
Garage

About this House

Bright and Beautiful Custom Colonial! Open layout with Hardwood Floors throughout the whole House! New Large Windows Let a Lot of Light in! Oversized Living and Family Rooms with space for the whole family to spread out! Navy and White Kitchen with all New Stainless Steel Appliances. Wood Shelves to complete a nice Up to Date Open Kitchen. Half Bath and Laundry Room on Main level. Custom staircase leads Upstairs offering Black Fixtures and Chandelier. 4 Oversized Bedrooms with generous sized closets. Main Full Bath in hallway. Master Bedroom offers Large Master Bath and Custom Closet. 2-Zone Heating and Air to help home efficiency. Full Basement that has been sealed and painted, vinyl flooring, and New Belco Doors. Large Backyard with New White Vinyl Fencing to enclose the yard
261 Matawan Ave, Matawan, NJ 07747 is a 4 bedroom, 3 bathroom, 2,400 sqft single-family home in Morristown, built in 1975. It last sold for $590,000 on Oct 14, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $799,400, with a rent estimate of $4,522/month.

Home Details for 261 Matawan Ave

Interior Features

Heating & Cooling
Heating: Forced Air, SolarHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Attic
Appliances & Utilities
DishwasherRefrigerator

Exterior Features

Exterior Home Features
Roof: Asphalt, Metal, Shake ShingleExterior: Vinyl
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 0.40 acres

Price and Tax history

DateEventPrice
Oct 14, 2021
Source: MoreMLS #22127632
Sold
$590,000
Sep 4, 2021
Source: MoreMLS #22127632
Pending
$589,900
Aug 19, 2021
Source: All Jersey MLS #2202770R
PriceChange
$589,900
Price decreased by 2%
Jul 23, 2021
Source: MoreMLS #22120367
PriceChange
$599,000
Price decreased by 4%
Jul 14, 2021
Source: MoreMLS #22120367
PendingToActive
$625,000

Market trends in Matawan

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$512K
$25.67KMoM
Sale-to-List Price
100.5%
0.1%MoM
Price per sq ft
$353
$4MoM
Available listings
109
7MoM

Around this home

Neighborhood Overview

Morristown
See Local Highlights
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 "
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Frequently asked questions about 261 Matawan Ave

  • What is 261 Matawan Ave estimated to be worth?
    Trulia's estimated value for 261 Matawan Ave is $799,400.
  • What is the price history for 261 Matawan Ave?
    261 Matawan Ave last sold for $590,000 in October 2021.
  • 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 $512K. That is down $25.67K from the prior month.
  • How big is the lot at 261 Matawan Ave?
    The lot at 261 Matawan Ave is about 0.40 acres (17,424 sq ft).
  • Does 261 Matawan Ave have a garage?
    Yes, 261 Matawan Ave has a garage.

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Off Market Homes Near 261 Matawan Ave

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