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259 Matawan Avenue, 
Matawan, NJ 07747

$849,000


5

Beds


2

Baths


2,288

Sq Ft


Multi-Family

Pending

Listed by

Kyle Golden

C21 Thomson & Co.

Last updated:

February 27, 2026, 09:48 PM

MLS#

22602987

Source:

NJ MOMLS

About This Home

259 Matawan Avenue

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!

Home Facts

Multi-Family

2 Baths

5 Bedrooms

Built in 1950

Price Summary

849,000

$371 per Sq. Ft.

MLS #:

22602987

Last Updated:

February 27, 2026, 09:48 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,288 Sq. Ft.


Structure

Structure

Building Area:

2,288 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$849,000

Price per Sq. Ft:

$371 per Sq. Ft.

Source:NJ MOMLS
IDX information if provided exclusively for consumers' 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 provided by Monmouth MLS. Last Updated February 27, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.