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    Matawan Commercial Property For Sale Title is generated by Realmo AI

    96 Freneau Avenue, Matawan, NJ 07747

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    Claim this Listing
    For Sale
    $2,500,000

    COMMERCIAL - Matawan, NJ

    Property size:
    9,540 SF
    Lot size:
    0.77 Acres
    Price / SF:
    $262/SF
    Added:
    May 4, 2026
    Days on Market:
    34
    Last Refresh:
    Jun 6 at 8:06 am

    Property Features for 96 Freneau Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    20
    Standard status
    Active
    APN
    31-00001-0000-00001
    Size
    9,540 SF
    Lot size
    0.77 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    36689

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1850
    Floors in Building
    1
    Roof type
    Shingle

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    Listing Contact
    Connor Kirsh

    Listing agent Connor Kirsh

    Listing office EXP Realty 28 Valley Road, Suite 1, Montclair, NJ

    Listing date May 4, 2026

    MLS# 22612898

    Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Year Built: 1850
    • Heating: Forced Air
    • Water Source: Public
    • Sewer: Public Sewer
    • Roof: Shingle
    • Location: -74.236755, 40.39773

    Overview

    This commercial property is located in Matawan, New Jersey. The property has a size of 9,540 square feet and is situated on a 0.77-acre lot. It is suitable for auto shops, automotive properties, retail spaces, and general commercial real estate purposes.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $206.1k $21.60
    − Vacancy −$11.5k −$1.21
    EGI $194.5k $20.39
    − OpEx −$58.4k −$6.12
    NOI $136.2k $14.27
    9,540 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.95M
    $1.70M – $2.27M (±1% cap)
    NOI $136,167 @ 7.0% cap · market cap 5.45%
    Second Best
    Industrial
    $1.31M
    $1.14M – $1.52M (±1% cap)
    NOI $91,451 @ 7.0% cap · market cap 3.66%
    Theoretical Best
    Office A
    $2.49M
    $2.18M – $2.91M (±1% cap)
    NOI $174,376 @ 7.0% cap · market cap 6.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    AST Engineering, Inc. Engineering Consultant Savage Poultry Inc Food Processing Plant 1547 Critical Systems ... Business Management Consultant David Seibel - AGS ... Financial Advisor AGS Aurora Financial ... Financial Advisor

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Ocean Auto Center LLC 1164 NJ-34, Aberdeen Township, NJ 07747
    • Marv's Auto Tech 1164 NJ-34, Aberdeen Township, NJ 07747
    • Meineke Car Care Center 1148 NJ-34, Aberdeen Township, NJ 07747
    • Mavis Discount Tire 1155 NJ-34, Aberdeen Township, NJ 07747
    • iTech Auto Technologies 1155 NJ-34, Matawan, NJ 07747

    Location Insight

    • Map
    • Local Demand
    City
    Matawan
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.236754
    Latitude
    40.39773

    FAQs

    What type of property is this?
    Auto shop - 9,540 SF commercial property on 0.77 acres in Matawan.
    Where is this auto shop located?
    The property is located at 96 Freneau Avenue Matawan, NJ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Year Built: 1850; Heating: Forced Air; Water Source: Public
    More about this property
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