Closed$775,000
TLC ≈ $4,699/mo
4 4 2,306 sqft
38 Van Ethel Drive, Old Bridge, NJ 07747
42 Park Avenue, Matawan, NJ 07747
$399,000
2 beds 1 baths — Built 19280 days on marketActive
About this home
Opportunity Knocks in Matawan, NJ! This property offers endless potential for buyers ready to bring their vision to life, customize to their taste, and build equity. Situated on a dead-end street, this home features a functional layout, full basement, driveway with parking for multiple cars, and a spacious private yard providing a great start for creating a home tailored to your needs. Enjoy convenient access to downtown shops, local restaurants, schools, churches, lakes, parks, the NJ Transit train station, and major highways, including the Garden State Parkway. Whether you're looking to invest in real estate or create a home of your own, this property is full of possibilities! Bring your ideas, explore the potential, and make your offer!
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.
Your estimated payment
$3,267/mo
- Real estate (PITI + HOA + PMI)
- $2,998
- Utilities
- $447
- Transportation
- $124
- Other (entertainment)
- $143
Principal + interest$1,810
Property tax + insurance$1,038
PMI / 2nd mortgage$150
Heating + cooling$94
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$124
Budget$5,000/mo
Remaining after TLC$1,733/mo
Purchase price
$399,000
Down payment
$19,950 (5%)
Loan amount
$379,050
APR
4%
Quick facts
Type
Single Family Residence
Style
Ranch
Year built
1928
Lot size
—
Stories
1
Heating
Baseboard
Cooling
None
Water
Public
HOA
—
Annual tax
$7,442
MLS #
2706067R
County
Monmouth
At a glance
Basement
Garage (1)
Home features
Appliances
RangeRefrigeratorGas Water Heater
Interior
2 BedroomsBath FullDining RoomLiving RoomKitchenNone
Parking
3 Cars DeepAdditional ParkingGravelGarageDetached
Pool
None
Kitchen
Galley TypeEat-in KitchenSeparate Dining Area
Dining
Formal Dining Room
Flooring
Wood, Ceramic Tile, Vinyl-Linoleum
Roof
See Remarks
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
See Remarks, Wooded
Neighborhood — 07747
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 36,122 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 17.00% | 14.00% | 20.00% |
| Population Density | 2,796 | 1,137 | — |
| Male | 17,640 | 4,307,827 | 147,432,321 |
| Female | 18,482 | 4,525,010 | 151,655,844 |
| Never Married | 6,831 | 1,965,811 | 63,775,926 |
| Married | 17,368 | 3,647,435 | 123,120,365 |
| Separated | 791 | 391,239 | 12,639,686 |
| Widowed | 1,853 | 515,172 | 15,467,586 |
| Divorced | 1,990 | 529,393 | 23,075,029 |
| Number Of House Hold | 13,435 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.67 | 2.73 | 2.60 |
| Medial Age | 37.48 | 37.15 | 35.46 |
| Median House Hold Income | $80,895 | $63,392 | $48,276 |
| Average House Hold Income | $90,720 | $83,312 | $63,629 |
| P C I | $34,065 | $30,662 | $24,529 |
| M D I | $64,640 | $52,505 | $41,133 |
| A T H E | $65,848 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 81.54% | 81.02% | 77.74% |
(Zip) Code
7747
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 10/9/2026. Provided courtesy of WEICHERT CO REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.