$825,000
$24K PRICE DROP

49 Middlesex Rd Matawan, NJ 07747

Estimated payment $5,309/month

Total Views 13,308
-- Bed
2 Baths
1,499 Sq Ft
$550 Price per Sq Ft

Highlights

  • Property is near public transit and shops
  • 4 Car Garage
  • Private Entrance
  • Private Yard
  • Baseboard Heating

About This Home

High-income producing 2-Family on a large lot generating $80,000+ annually. This updated up/down property features two units, each offering 2 bedrooms and 1 full bath with laundry in each unit. Additionally, a rare attached 4-car garage with 15-foot-high doors (four separate bays/doors) rented separately. The upper unit showcases a bright living room with cathedral ceilings, two skylights, and carpeting. The kitchen/dining area offers laminate flooring, cherry cabinetry, and a full appliance package including range, overhead microwave, dishwasher, and refrigerator. The updated bath features espresso-toned cabinetry, granite countertop, square sink, tile flooring, and a tub/shower surround. Bedrooms include generous closets. Enjoy bonus space with a large finished walk-in attic ideal for storage, office, or flex use. Extensive interior updates were completed including windows, roof, kitchen, bath, sheetrock, some plumbing & electrical. Conveniently located near buses, train station, shopping, and major roadways a standout opportunity for owner-occupants or investors seeking strong cash flow and uncommon garage income potential.

Listing Agent

Susan Marcrie

RE/MAX INNOVATION Listed on: 02/23/2026

RE/MAX INNOVATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,330

Year Built

  • Built in 1950

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 202.00 x 0.00
  • Private Entrance
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2 Bathrooms
  • 1,499 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Location

  • Property is near public transit and shops

Utilities

  • No Cooling
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Baseboard Heater
  • Gas Water Heater
  • Sewer Tap Fee

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,330

Year Built

Built in 1950

Lot Details

0.33 Acres

Parking

4

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Lot Size: 202.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1950
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Dryer,Range/Oven,Refrigerator,Washer)
  • Owner Pays: Unit 1 Owner Pays(Electric,See Remarks,Gas), Unit 2 Owner Pays(Electric,See Remarks,Gas)
  • Has Basement: Crawl Only
  • Basement YN: No
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks)
  • Living Area: 1499
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Easements/Right of Way, Near Public Transit
  • Exterior Features: Yard, Private Entrance
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage, Attached, Detached, See Remarks, 1-2 Car Parking, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard, Radiant, Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer, Sewer Charge
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 14375
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 10330
  • Tax Year: 2025

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2026 04/24/26 Price Changed $825,000 +81.3% $550 / Sq Ft
04/17/2026 04/17/26 Sold $455,000 -46.4% $304 / Sq Ft View Prior Sale
02/23/2026 02/23/26 For Sale $849,000 +81.0% $566 / Sq Ft
02/23/2026 02/23/26 For Sale $469,000 -- $313 / Sq Ft
Source: All Jersey MLS

Source: All Jersey MLS

MLS Number: 2611242R

All Jersey MLS
Your Personal Tour Guide

Ask me questions while you tour the home.