Prime Development Land Near
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104 Main St, Matawan, NJ
Unimproved 1.74-acre property near train station, development potential.
Property SizeContact for details
Lot Size1.74 Acres
Days on Market350
Property Features for 104 Main St
General Information
Standard status
Active
Lot size
1.74 Acres
Property subtype
LAND
Listing Agency:
Colliers | Woodbridge
(973) 610-1875
Listed By:
Jacklene Chesler · License #9587537
(973) 610-1875
Source:
Moodyscre
Added: Sep 2, 2025
Changed: Aug 8
Last Checked: Aug 16 at 5:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Woodbridge
Investment Insights
Based on property information with market context.
The property at 98 Main Street, Matawan, Monmouth County, New Jersey, consists of approximately 1.74 acres. Currently unimproved, it includes a small garage under 1,500 square feet. Historically, the site was a Gulf gas station. Extensive remediation work has been completed, and in May 2025, New Jersey released the property without further use restrictions. The property fronts Main Street, a high-traffic retail corridor experiencing over 12,500 vehicles per day. The surrounding area features a mix of local and national retailers, including Starbucks, Jersey Mike’s Subs, and The UPS Store. The Matawan-Aberdeen train station, offering direct service to Manhattan, is located approximately 0.4 miles away. Matawan has recently approved zoning variances for multifamily development sites, including 51 units at 126 Main Street, 46 units at 160 Main Street, and 103 units at Wilt Group’s Train Station Redevelopment Area. According to the recent Fair Share Plan, Matawan has committed to providing 68 new affordable units between 2025 and 2035. As one of the few remaining unimproved parcels in the borough, 98 Main Street presents a potential development opportunity.
Key Highlights
- 1.74 acre unimproved parcel in a developing area.
- Released by New Jersey in May 2025 with no further use restrictions after extensive remediation work.
- Prime candidate for development as one of the only unimproved parcels in the borough.**
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Frequently Asked Questions
What type of property is this?
Land - Unimproved 1.74-acre property near train station, development potential.
Where is this land located?
The property is located at 104 Main St Matawan, NJ.
What are key features of this property?
This property features: 1.74 acre unimproved parcel in a developing area.; Released by New Jersey in May 2025 with no further use restrictions after extensive remediation work.; Prime candidate for development as one of the only unimproved parcels in the borough.**
