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    177 Morganville Rd Matawan, NJ 07747

    Picture of Land at Morganville Rd 177, Matawan, NJ
    Under Contract
    For Sale
    $250,000

    Ranch, Other - Old Bridge, NJ

    Lot size:
    0.00 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 177 Morganville Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    1512260000000003
    Lot size
    0.00 Acres

    Building Details

    Architectural style
    Ranch

    Century 21 Mack Morris Iris Lurie, Inc. (732) 536-2228 [email protected]

    Listing agent SHERYL KERNER (732) 536-2228

    Listing date Oct 18, 2025

    MLS# 2605725R Listing URL

    Copyright © 2025 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    9-Acre Lot with Renovation Potential

    This property features a 9-acre lot with an older home that requires renovation. Situated across from an upscale community, the property is believed to be partially surrounded by wetlands, necessitating Department of Environmental Protection (DEP) approval and township variances. The existing home is non-conforming. The property is being sold in strictly 'as is' condition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Accounting Firm Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Matawan
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2612577
    Latitude
    40.4017755

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    FAQs

    What type of property is this?
    Land - 9-acre lot with older home needing renovation in Old Bridge.
    Where is this land located?
    The property is located at 177 Morganville Rd Matawan, NJ.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Large 9-acre lot offers significant space and potential.; - Location across from an upscale community suggests desirable surroundings.; - Ranch-style architecture of the existing home.
    (732) 536-2228
    Request Owner's contact information
    177 Morganville Rd Matawan, NJ 07747
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    Matawan, NJ 07747
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    177 Morganville Rd Matawan, NJ 07747
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