104 Main St Matawan, NJ 07747

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.