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Single Family ResidenceResidential
$996,706$347 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $250,000 on Nov 16, 1995

5 INDEPENDENCE DR

MATAWAN, NJ 07747
4
Beds
2.5
Baths
2,874 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$997K
$933K low$1.1M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$250,000 · Nov 16, 1995

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$17,077 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$996,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$564,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$432,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$875,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$996,800

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.14
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
24
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
47
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Colonial
CountyMONMOUTH
Lot (acres)The size of the land the home sits on, from county records.0.23
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Built-in
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 280 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Strathmore Elementary SchoolB-
Elementary · Grades PK–3 · 0.7 mi
H
Matawan Regional High SchoolD
High · Grades 9–12 · 1.1 mi
M
Matawan-Aberdeen Middle SchoolB+
Middle · Grades 6–8 · 2.7 mi

District: Matawan-Aberdeen Regional School District

Neighborhood · ZIP 07747These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.71
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.100

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.33%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.32,707
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,517 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$126,144
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$151,510
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5 Independence Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 98% of homes in Matawan 07747
  • Costs less per square foot than 68% of homes in Monmouth County
  • Bigger than 94% of homes in Matawan 07747
  • Newer than 79% of homes in Matawan 07747

What homes are worth in Matawan 07747

Each bar is how many homes fall in that price range. The marker is this home.

This home
$256K$1000K

This home is worth more than 98% of homes in Matawan 07747.

How it measures up in Matawan 07747

The dot is this home. The mark in the middle is the typical home in Matawan 07747.

Estimated value$996,706
CheaperTypical $653,175Pricier

Pricier than 98% of homes nearby

Price per ft²$347
CheaperTypical $356Pricier

Pricier than 43% of homes nearby

Living area2,874 ft²
SmallerTypical 1,795 ft²Bigger

Bigger than 94% of homes nearby

Lot size0.23 ac
SmallerTypical 0.23 acBigger

Bigger than 50% of homes nearby

Year built1988
OlderTypical 1967Newer

Newer than 79% of homes nearby

How 5 Independence Dr ranks against every home in each area.
MeasureThis homeMatawan 07747Monmouth County
Estimated valuepricier than$996,70698% of homes72% of homes
Price per ft²pricier than$34743% of homes32% of homes
Living areabigger than2,874 ft²94% of homes82% of homes
Lot sizebigger than0.23 ac50% of homes48% of homes
Year builtnewer than198879% of homes70% of homes

About 5 Independence Dr

How much is 5 Independence Dr, Matawan, NJ worth?

The TopHap Estimate for 5 Independence Dr, Matawan, NJ is $996,706 as of Aug 30, 2026. The likely range is $932,681 to $1,060,731. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5 Independence Dr, Matawan, NJ last sell?

5 Independence Dr, Matawan, NJ last sold on Nov 16, 1995 for $250,000, according to the county's recorded deed.

How big is 5 Independence Dr, Matawan, NJ?

5 Independence Dr, Matawan, NJ has 4 bedrooms, 2.5 bathrooms, 2,874 square feet of living space and a 0.23-acre lot.

When was 5 Independence Dr, Matawan, NJ built?

5 Independence Dr, Matawan, NJ was built in 1988, making it 38 years old. It is a colonial home. The building has 2 stories.

What schools serve 5 Independence Dr, Matawan, NJ?

5 Independence Dr, Matawan, NJ is assigned to Strathmore Elementary School (elementary), rated B-; Matawan Regional High School (high), rated D; Matawan-Aberdeen Middle School (middle), rated B+. All sit in Matawan-Aberdeen Regional School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5 Independence Dr, Matawan, NJ compare to other homes in Matawan 07747?

Among the 10,403 homes in Matawan 07747, it is worth more than 98% of them ($996,706 against a typical $653,175), its price per square foot is higher than 43% of them ($347 against a typical $356), it is bigger than 94% of them (2,874 ft² against a typical 1,795 ft²), its lot is bigger than 50% of them (0.23 ac against a typical 0.23 ac) and it is newer than 79% of them (1988 against a typical 1967). Measured against all of Monmouth County, it is worth more than 72% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5 Independence Dr, Matawan, NJ?

The 2025 property tax bill for 5 Independence Dr, Matawan, NJ was $17,077. The county assessed it at $996,800.

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