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Matawan Commercial Building For Sale
For Sale
$825,000

26 Little Street, Matawan, NJ 07747

4,722 sq ft commercial building in Matawan's General Business Zone.

Property Size4,722 SF
Lot Size0.14 Acres
Price / SF$174.71
Days on Market391

Property Features for 26 Little Street

General Information

Standard status Active
Size 4,722 SF
Lot size 0.14 Acres
Property subtype Commercial

Building Details

Year Built 1930
Listing Agency: C21/ Action Plus Realty
Listed By: Felicia Finn · License #0447607
Source: Actionplusrealty
Added: Sep 12, 2025 Changed: Sep 6 Last Checked: Oct 5 at 8:48PM

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 C21/ Action Plus Realty

Investment Insights

Based on property information with market context.

Located in the heart of Matawan, this commercial building offers 4,722 sq ft of space. The property is situated in the General Business (GB) Zone and offers excellent visibility. The 6,000 sq ft lot benefits from strong foot and vehicle traffic. The building's layout provides flexible options for various uses, including professional office, medical, retail, wellness, or mixed-use, although buyers should verify these possibilities. Multiple entrances enhance accessibility. The property is located minutes from major transportation routes, including NJ Transit to NYC, Routes 34 and 79, and the Garden State Parkway exits. This high-exposure property is suitable for an owner-occupant or investor in a growing business district.

Key Highlights

  • Prime commercial location in the heart of Matawan with excellent visibility and strong foot/vehicle traffic.
  • Flexible layout options and multiple possible uses such as professional office, medical, retail, wellness, or mixed‑use.
  • 4,722 sq ft building in the General Business (GB) Zone.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,247
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,444,940 $1.4M
Cap Rate 7%
$1,032,100 $1.0M
Cap Rate 9%
$802,744 $802.7K
Market Conditions
NOI Build-Up for 4,722 SF
Gross rent
$141.7K $30.00/SF
− Vacancy
−$45.3K −$9.60/SF
EGI
$96.3K $20.40/SF
− OpEx
−$24.1K −$5.10/SF
NOI
$72.2K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,444,940
Cap Rate 7%
$1,032,100
Cap Rate 9%
$802,744

Alternative Uses

Best Use
Office B
$1.03M
$903.1K – $1.20M (±1% cap)
NOI $72,247 @ 7.0% cap · market cap 8.76%
Second Best
Retail
$962.8K
$842.5K – $1.12M (±1% cap)
NOI $67,398 @ 7.0% cap · market cap 8.17%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,311 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Sprague's Oil Service ... Big Box & Wholesale Store

Suggested Use

Top Pick Grocery & Convenience Store Locksmith Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

811
Businesses Nearby

Demographics for 07747, NJ

31,915
Population
13,134
Households
2.4
Avg Household Size
43
Median Age
51%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
2,493
Density / Sq Mi
$124,896
Median Household Income
$61,503
Median Earnings
$1,840
Median Rent
$464,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 4,722 sq ft commercial building in Matawan's General Business Zone.
Where is this mixed-use property located?
The property is located at 26 Little Street Matawan, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Prime commercial location in the heart of Matawan with excellent visibility and strong foot/vehicle traffic.; Flexible layout options and multiple possible uses such as professional office, medical, retail, wellness, or mixed‑use.; 4,722 sq ft building in the General Business (GB) Zone.
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