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161 Penn Court161 Penn Court, Matawan, NJ 07747, USA
Condo for rent
| Monthly rent | $3,500 |
|---|---|
| Beds | 3 |
| Baths | 2 |
| Sqft | 1,524 |
3 Days Ago
3 Bed 2 bath unit
Address details
| Units | 2 |
|---|---|
| Units available | 2 |
| City | |
| Zip code | 07747 |
Units
161 Penn Court, Matawan, NJ
161 Penn Court Matawan, NJ
New Listing
130
3 Beds
2.5 Baths
$3,500
In-Unit Laundry
New Listing
3 Beds, 2.5 Baths
3 Beds
2.5 Baths
$3,500
In-Unit Laundry • Dishwasher • Carpet • Ceiling Fan
Amenities for 161 Penn Court
Some units at this address have these amenities. View unit details for more information.
Building
- Garage Parking
- Storage
Unit Amenities
- In-Unit Laundry
- Dishwasher
- Carpet
- Ceiling Fan
Policies at 161 Penn Court
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Garage Parking
Questions about this property’s policies and fees?
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About 161 Penn Court
Interested in leasing 161 Penn Court, Matawan, NJ 07747, USA? Currently, 161 Penn Court, Matawan, NJ 07747, USA is available to rent or lease. It is a 3-bedroom condo with 2 bathrooms. Below, you can compare the rent price at 161 Penn Court, Matawan, NJ 07747, USA vs overall rent prices in Matawan, NJ. We have compiled nearby businesses and things to do close to 161 Penn Court, Matawan, NJ 07747, USA.
Address details
| Units | 2 |
|---|---|
| Units available | 2 |
| City | |
| Zip code | 07747 |
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 161 Penn Court, Matawan, NJ 07747, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Elementary school nearby
- There is an elementary school 1 mile away
- Covered parking
- Garage, covered, or indoor parking is available at this address
- Dishwasher
- Kitchens at this address include dishwashers
- Extra Storage
- Upgraded in-unit features
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
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Rent trends in Matawan
3-bedroom apartments at 161 Penn Ct #130 cost about 5% more than the average rent price for 3-bedroom apartments in Matawan.
Median rents as of May 9 2026.
Matawan
| Month | Median Rent |
|---|---|
| May 2024 | $2,392 |
| June 2024 | $2,369 |
| July 2024 | $2,342 |
| August 2024 | $2,378 |
| September 2024 | $2,433 |
| October 2024 | $2,350 |
| November 2024 | $2,355 |
| December 2024 | $2,293 |
| January 2025 | $2,200 |
| February 2025 | $2,275 |
| March 2025 | $2,225 |
| April 2025 | $2,050 |
| May 2025 | $2,199 |
| June 2025 | $2,198 |
| July 2025 | $2,377 |
| August 2025 | $2,401 |
| September 2025 | $2,398 |
| October 2025 | $2,396 |
| November 2025 | $2,438 |
| December 2025 | $2,500 |
| January 2026 | $2,492 |
| February 2026 | $2,384 |
| March 2026 | $2,384 |
| April 2026 | $2,386 |
| May 2026 | $2,376 |
Affordability calculator
Can I afford to live at 161 Penn Court?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$140,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $140,000 annually to afford this 3-bedrooms median monthly rent price of $3,500.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 11 years ago | $1,850 | 3 bed | 3.5 bath | ||
| 11 years ago | $1,850 | 3 bed | 3.5 bath |
Schools near 161 Penn Ct #130
Project Before at Cheesequake School
111 hwy 34
matawan, NJ, 7747
PKPublic
Leroy Gordon Cooper Elementary School
160 birchwood dr
cliffwood beach, NJ, 7735
K-5Public
B
Project Before at Selover School
150 lincoln st
south amboy, NJ, 8879
PKPublic
Center for Lifelong Learning
333 cheesequake rd
parlin, NJ, 8859
PK, K-12Public
Acelero Learning - South Amboy Center
310 augusta st
south amboy, NJ, 8879
PKPublic
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Neighborhood
Getting around Matawan near 161 Penn Court
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 161 Penn Court, Matawan
Groceries
1/10
No grocery stores within walking distance
Shopping
3/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
2/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
9/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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Check availability
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