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191 Main Street, Matawan, NJ 07747

$545,000
: 3
BD
: 2
BA

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Sold Price: $545,000
List Price: $499,999
Status: CLOSED
Type: Multifamily
MLS#: 22505422
Closing Date: Apr 28, 2025
Beds: 3
Baths: 2
Region: Matawan (MAT)
Year Built: 1908

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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

(908) 208-2699

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Additional Information

Middle School: Matawan Avenue
Acres: 0.15
Closing Date: Apr 28, 2025
Taxes: $10,419
Subtype: Duplex
Year Built: 1908
Basement: Crawl Space
Garage: Yes
Fireplaces: 1
Garage Capacity: 2
Stories: 2
Units: 2