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228 State Route 34 Matawan, NJ 7747

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For Sale
$2,200,000

Turnkey investment opportunity with six established tenants and recent updates.

Type:Commercial
Property size:
10,000 SF
Lot size:
0.72 Acres
Price / SF:
$220/SF
Added:
Sep 21, 2025
Days on Market:
213
Last Refresh:
Apr 5 at 8:26 pm

Property Features for 228 State Route 34

General Information

Standard status
Active
Size
10,000 SF
Lot size
0.72 Acres
Property subtype
Commercial

Building Details

Year Built
1990

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Listing Contact
B.K. KROMER

Listing agent B.K. KROMER License #8635998

Listing office VRI HOMES

Listing date Sep 21, 2025

Source Corcoran

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 VRI HOMES


Overview

Fully Leased Building in Matawan

This fully-leased building in Matawan presents a turnkey investment opportunity. The property spans approximately 10,000 square feet and houses a diverse mix of six established tenants, all secured on active leases. Significant investments have been made in high-quality updates throughout, including new bathrooms, ceilings, lights, flooring, and custom Italian glass and wood doors. The HVAC and air conditioning systems are new, with all ducts redone, and custom painting has been applied throughout the building. Additional improvements include a new roof and a camera system with parking lot timer lights. The property also features a full basement. This low-maintenance, cash-flowing asset is suited for an investor seeking a stable addition with clear potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Matawan
County
Monmouth
State
New Jersey
Longitude
-74.2837
Latitude
40.4245

FAQs

What type of property is this?
Storefront property - Turnkey investment opportunity with six established tenants and recent updates.
Where is this storefront property located?
The property is located at 228 State Route 34 Matawan, NJ.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Fully leased building with 6 established tenants providing immediate income.; Recently updated throughout with **high‑quality improvements** including new bathrooms, ceilings, lighting, flooring, doors, HVAC, and roof.; Low‑maintenance cash‑flowing asset ideal for investors.
More about this property
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