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33 Porsche Drive
Score
73
Matawan, NJ

33 Porsche Drive

748K
5 bd • 3 ba • 2,816 sf

This analysis was generated on 4/10/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$748,000
+50%vs 07747
Price/Sq.Ft
$266
-19%vs 07747
Above Fair Value
47.4% above range

Current Price

$748,000

Fair Range

$492,500 - $507,500

$748,000
Below Market-20%
Above Market+20%

Negotiation Leverage

2 points to consider in your offer

Recommended Offer

$495,000
Success Probability:High(65%)

AI Rationale

Reflects market value adjusted for repair costs. The competitive market and quick sales suggest moderate success probability.

Overall Score
73
78
Home Condition
75
Natural Light
74
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Uneven Front Steps
Uneven Front Steps

Uneven Front Steps

The front steps appear to be uneven and could pose a tripping hazard.

Dated Exterior Color Scheme
Dated Exterior Color Scheme

Dated Exterior Color Scheme

The exterior color scheme (white siding, brown shutters, red brick) is somewhat dated and could benefit from an update.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Nov
2023
$748,000Financed
November 9, 2023
From:Ernest Kan Po Li
To:Cletus T Mckeown, Amy K Mckeown
Deed
Standard Sale (Purchase/Resales)

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$748,000
-30%List: $748,000+30%
20%
$149,600of $748,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$199,494
Closing Costs
+$49,894
Down Payment
$149,600
Buyer Agent Fee
$19,074
Loan Fees
$5,984
Title & Escrow
$4,488
Inspections
$900
Transfer Tax
$8,228
Prepaid Expenses
$11,220

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 14 day average
This is a new listing, while homes in this area typically sell in 14 days
Inventory Health
45
homes for sale
21 homes sold last month, indicating 2.1x more supply than demand
Price Dynamics
102.4%
of asking price
Homes typically sell for 2.4% above asking price

Price Trajectory

$495,000
Current median price
+14.2%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is strongly cooling
Prices are down 9.9% over the last 3 months
3 Months
-9.9%
6 Months
-20.8%
1 Year
+14.2%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 126.2% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$495,000
3 Months Ago
$300,000
+65.0%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$748,000
Price/sqft
$266
Layout
5 bd3 ba
NaN

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$828,833

9.8%

Your price is 9.8% below average

Median Price

$885,000

15.5%

Based on 6 recent sales

Price per Sq.Ft

$317

16.2%

Your price is 16.2% below average $/sqft

Comparable Properties

24 Stratton Road, Matawan, NJ 07747
Price: $885,000
Sq.Ft: 2,692
Beds/Baths: 4/3
$/Sq.Ft:
$32923.8%
Sale Date: 1/9/2025
24 Stratton Road, Old Bridge, NJ 07747
Price: $885,000
Sq.Ft: 2,692
Beds/Baths: 4/3
$/Sq.Ft:
$32923.8%
Sale Date: 1/9/2025
3 ELIZABETH Drive, Matawan, NJ 07747
Price: $665,000
Sq.Ft: 2,478
Beds/Baths: 4/3
$/Sq.Ft:
$2681.0%
Sale Date: 12/10/2024
12 Windham Court, Middlesex, NJ 07747
Price: $913,000
Sq.Ft: 2,522
Beds/Baths: 4/3
$/Sq.Ft:
$36236.3%
Sale Date: 12/1/2024
208 Broad Street, Matawan, NJ 07747
Price: $740,000
Sq.Ft: 2,600
Beds/Baths: 4/3
$/Sq.Ft:
$2857.1%
Sale Date: 11/20/2024
54 Remington Court, Old Bridge, NJ 08857
Price: $885,000
Sq.Ft: 2,666
Beds/Baths: 4/3
$/Sq.Ft:
$33225.0%
Sale Date: 10/24/2024

Schools

Nearby school quality by education level

High

4.0/10
Average

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 1 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Closely examine the uneven front steps, paying attention to the type of material, the extent of the damage (cracks, crumbling), and the stability of the surrounding structure. Take photos from multiple angles.

Inspect the HVAC system (if accessible) for its age, condition, and maintenance records. Note the type of refrigerant used.

Questions to Ask

Important questions to ask during the tour

What is the age of the roof, and has it ever been damaged by wind or hail? Are there any warranties still in effect?

Has a professional pest inspection been performed recently, and if so, what were the findings? Are there any active pest control measures in place?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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