Aberdeen Woods Townhomes For
133 Aberdeen Rd, Matawan, NJ 07747
11-unit townhome community in Monmouth County, New Jersey.
Type:Multifamily
Property size:
16,830 SFPrice / SF:
$243/SF- Added:
- Mar 10, 2026
- Days on Market:
- 69
- Last Refresh:
- Mar 19 at 10:22 pm
Property Features for 133 Aberdeen Rd
General Information
- Standard status
- Active
- Size
- 16,830 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2001
Listing agent Chez Eider License #NJ 1863116
Listing office Marcus & Millichap - New Jersey
Listing date Mar 10, 2026
Source Crexi
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 Marcus & Millichap - New Jersey
HighLights
- Townhome‑style residences offer tenants the space and privacy of single‑family living within the rental market.
- Opportunity for increased NOI through rent alignment with comparable two‑bedroom rentals.
- All units are large, three‑story, two‑bedroom, 2.5‑bath townhomes averaging 1,530 square feet with attached garages and private entrances.
- Convenient access to the Garden State Parkway and the Aberdeen‑Matawan NJ Transit Station.
- Located in Northern Monmouth County, near major employment centers and the Fort Monmouth redevelopment corridor.
- Limited competing townhome‑style rental supply in the area.
Overview
Aberdeen Woods Townhomes is an 11-unit townhome-style multifamily community located in the Aberdeen / Matawan submarket of Monmouth County, New Jersey. Constructed in 2001, the property consists entirely of three-story two-bedroom, 2.5-bath townhome residences. Each unit features private entrances, attached garages, separate utilities, and individual decks. The residences average approximately 1,530 square feet including garages, offering substantially larger living space. This format attracts tenants seeking the space and privacy of single-family living while remaining within the rental market. The property produces stable in-place cash flow with an opportunity for additional NOI growth through gradual rent alignment with comparable two-bedroom rentals in the submarket. Current rents remain below market levels, providing a clear path to increased revenue as leases roll. Aberdeen Woods is located in Northern Monmouth County, with convenient access to the Garden State Parkway and the Aberdeen-Matawan NJ Transit Station. The property benefits from proximity to major employment centers in both Monmouth and Middlesex Counties as well as the broader Fort Monmouth redevelopment corridor. With limited competing townhome-style rental supply in the immediate area, Aberdeen Woods offers investors the opportunity to acquire a differentiated suburban multifamily asset with stable income and measurable rent growth potential. The property size is 16,830 square feet.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$2.88M
NOI $258,812 @ 9.00% cap · cautious / downside scenario
Moderate
$3.70M
NOI $258,812 @ 7.00% cap · market / base-case scenario
Aggressive
$5.18M
NOI $258,812 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $504.9k | $30.00 |
| − Vacancy | −$34.3k | −$2.04 |
| EGI | $470.6k | $27.96 |
| − OpEx | −$211.8k | −$12.58 |
| NOI | $258.8k | $15.38 |
16,830 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$3.70M
$3.24M – $4.31M
NOI $258,812 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.39M
$3.85M – $5.13M
NOI $307,625 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Matawan
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.2421892
- Latitude
- 40.4274694
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 11-unit townhome community in Monmouth County, New Jersey.
Where is this apartment building located?
The property is located at 133 Aberdeen Rd Matawan, NJ.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Townhome‑style residences offer tenants the space and privacy of single‑family living within the rental market.; Opportunity for increased NOI through rent alignment with comparable two‑bedroom rentals.; All units are large, three‑story, two‑bedroom, 2.5‑bath townhomes averaging 1,530 square feet with attached garages and private entrances.
