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5 Lola Lane, Matawan, NJ 07747

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For Sale
Sale Pending

$540,000

4 beds • 2 baths • 1 half baths • 1,680 sqft

Estimated Payment

$ 3,692 /mo. †

6.67% APR for 30 yrs.
$10,950 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $321.43
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Nestled on a quiet cul-de-sac in the heart of Matawan, this well-maintained split-level home offers nearly 1,700 sq. ft. of comfortable living space with a versatile layout perfect for any lifestyle. Whether you're a first-time homebuyer, an investor, or looking to downsize, this property presents an incredible opportunity in a prime commuter-friendly location! Built in 1971, this 4-bedroom, 2.5-bathroom home has a thoughtful floor plan that maximizes space and functionality The first level features a spacious family room (which can easily be converted into another bedroom), a convenient first-floor bedroom, a half bath, and a dedicated laundry area. On the second level, enjoy an open-concept living space with a generously sized eat in kitchen, complete with a breakfast island, seamlessly flowing into the living & dining room; ideal for entertaining and everyday living. Just six steps up to the third level, you'll find a full guest bathroom and two well-appointed bedrooms. The primary suite includes its own en-suite bath for added privacy. Originally designed as a three-bedroom level, one of the bedrooms was expanded but can easily be converted back by adding a half wall. The full basement has been upgraded with new windows and sheetrock, offering a blank slate for your personal touch - perfect for a home office, playroom, gym or plain additional storage. The home also includes a two-car garage with direct entry, new gutters, and an inground concrete pool (pool sold as is) Commuters will love the convenience of the bus stop at the top of the street and easy access to the Aberdeen/Matawan Train Station, just 2 miles away; providing express direct service to NYC's Penn Station. Located in the highly rated Matawan School District, this home is just minutes from local shopping, restaurants and recreational spots - including the picturesque Lake Lefferts! Lake Lefferts, with it's new awesome floating pier) offers summer activities such as waterfront dining, rentals and the towns 4th of July firework display. You definitely don't want to miss out on this incredible opportunity to own a home in one of Monmouth County's most desirable areas. In 2024, Matawan was named the safest city in New Jersey with the lowest property crime rate! Friendly, safe, centralized Matawan - you couldn't ask for more! Welcome home!
MLS# 22503121

Courtesy Of Adele Demoro

(732) 945-5253

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Pool, Attic
  • Architecture Style
    Colonial
  • Heating System
    Forced Air
  • Lot Size
    0.3 Acres
  • Rooms
    Basement, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 5 Lola Lane, Matawan, NJ 07747

Home seller CENTURY 21 JRS Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 JRS Realty

(732) 388-0909
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,779
  • Property Taxes
    $912
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,692

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Ravine Drive Elementary School

Grades KG-4 Public School

Matawan, NJ 07747 2.1 miles
170 ravine dr

319 total students
12:1 Student teacher ratio

School Rating: B+

School Details

Lloyd Road Elementary School

Grades 3-5 Public School

Matawan, NJ 07747 1.2 miles
401 lloyd rd

517 total students
10:1 Student teacher ratio

School Rating: C+

School Details

Matawan-aberdeen Middle School

Grades 6-8 Public School

Cliffwood, NJ 07721 2.8 miles
469 matawan ave

897 total students
12:1 Student teacher ratio

School Rating: B-

School Details

Matawan Regional High School

Grades 9-12 Public School

Matawan, NJ 07747 1.5 miles
450 atlantic ave ste b

1151 total students
12:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Home Away Home Academy 0.8 miles Private PK-1
Marlboro Memorial Middle School 0.9 miles Public 6-8 B-
Cambridge Park Elementary School 1 miles Public PK
Strathmore Elementary School 1.5 miles Public KG-3 B-
Old Bridge High School 1.9 miles Public 9-12 C
Collier School 2 miles Private 9-12
David C. Abbott Early Learning Center 2.1 miles Public KG
Goddard School Of Old Bridge 2.2 miles Private PK-TKG
Raritan Valley Elementary School 2.2 miles Public 1-4 C
Holmdel Preschool Center 2.5 miles Private PK-KG
Beers Street Elementary School 2.6 miles Public 5-6 B
Indian Hill School 2.8 miles Public 4-6 A+
William R. Satz School 3.1 miles Public 7-8 C+
Cliffwood Elementary School 3.2 miles Public KG-3 C
Holmdel High School 3.2 miles Public 9-12 A
Keyport High School 3.3 miles Public 9-12 D

Home Away Home Academy

Distance: 0.8 miles

Type Private

Grades: PK-1

Marlboro Memorial Middle School

Distance: 0.9 miles

Type Public

Grades: 6-8

B-

Cambridge Park Elementary School

Distance: 1 miles

Type Public

Grades: PK

Strathmore Elementary School

Distance: 1.5 miles

Type Public

Grades: KG-3

B-

Old Bridge High School

Distance: 1.9 miles

Type Public

Grades: 9-12

C

Collier School

Distance: 2 miles

Type Private

Grades: 9-12

David C. Abbott Early Learning Center

Distance: 2.1 miles

Type Public

Grades: KG

Goddard School Of Old Bridge

Distance: 2.2 miles

Type Private

Grades: PK-TKG

Raritan Valley Elementary School

Distance: 2.2 miles

Type Public

Grades: 1-4

C

Holmdel Preschool Center

Distance: 2.5 miles

Type Private

Grades: PK-KG

Beers Street Elementary School

Distance: 2.6 miles

Type Public

Grades: 5-6

B

Indian Hill School

Distance: 2.8 miles

Type Public

Grades: 4-6

A+

William R. Satz School

Distance: 3.1 miles

Type Public

Grades: 7-8

C+

Cliffwood Elementary School

Distance: 3.2 miles

Type Public

Grades: KG-3

C

Holmdel High School

Distance: 3.2 miles

Type Public

Grades: 9-12

A

Keyport High School

Distance: 3.3 miles

Type Public

Grades: 9-12

D

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Matawan, NJ 07747

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Matawan, NJ 07747

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

85° July
Hottest Average Month
24° January
Coldest Average Month
12,727 Total Households in Area
0.3% Increase in population since the year 2010
29%
of households
have children
35 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Matawan, NJ 07747

Matawan, NJ 07747 has a population of 32,423 people in 12,727 households with a median age of 43.9 years old.

0.3%
Increase in population
since the year 2010
Population is Trending up
12,780
Total households as of 2010
3.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.9 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 70%
Hispanic 13%
Asian 10%
Black 6%
Other 4%
Native American <1%
The most prevalent ethnicity is White at 70%, followed by Hispanic at 13%, Asian at 10%, and Black at 6%.

Economics
for Matawan, NJ 07747

2,495 /sq mi
Population Density
$121,626 /yr
Median Household Income
$575,000
Median Sales Price
35 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 19.94% of the households.

Transportation to Work

  • Drive 73%
  • Work from Home 13%
  • Public Transit 11%
  • Walk or Bike 2%

Occupancy by Type

Owned 9,941 76%
Rented 2,786 21%
Vacant 433 3%

White vs Blue Collar Jobs







White Collar 83%
Blue Collar 17%

Family & Education Facts
for Matawan, NJ 07747

43.9 Median Age

Average Household Size

2.5
persons per
household

56%

Married Households

Community Population By Education

Bachelors Degree 32%
High School Graduate 22%
Graduate Degree 18%
Some College 17%
Associates Degree 8%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 31.92% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29% of households have children

Weather
for Matawan, NJ 07747

The weather for this area ranges from a high of 85° F in July to a low of 24° F in January

85° July
Hottest Average Month
24° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
39°
Feb
25°
41°
Mar
32°
50°
Apr
41°
61°
May
51°
71°
Jun
61°
80°
Jul
66°
85°
Aug
65°
83°
Sep
57°
76°
Oct
46°
66°
Nov
38°
54°
Dec
28°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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