432 Highway 34, Matawan, NJ 07747
COMMERCIAL - Matawan, NJ
- Added:
- Jan 2, 2026
- Days on Market:
- 160
- Last Refresh:
- Jun 11 at 12:06 am
Property Features for 432 Highway 34
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 15-11232-0000-00013-12-C1218
- Size
- 1,535 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10306
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Shingle, Asphalt
Listing agent Timothy Scherer (732) 797-9001
Listing office Keller Williams Shore Properties 1030 Hooper Ave., Toms River, NJ (732) 797-9001
Listing date Jan 2, 2026
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High traffic location suitable for medical, legal, financial, or general office operations.
- Zoned for Commercial or Retail use.
- Ample parking with approximately 125 shared spots.
- Central Air conditioning.
- Brick construction.
- Public water and sewer.
Overview
The property is located at 432 Highway 34 in Matawan, New Jersey, in a high-traffic location. Ample shared parking is listed as approximately 125 shared parking spots, supporting convenient customer and employee access.
For buyers and tenants seeking a flexible ground-up or office-oriented configuration, Unit #3A offers an established platform for professional service and retail-adjacent uses under the stated commercial or retail zoning. The combination of a high-traffic frontage setting and on-site shared parking may be advantageous for day-to-day operations where visibility and customer access matter.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.1k | $30.00 |
| − Vacancy | −$14.7k | −$9.60 |
| EGI | $31.3k | $20.40 |
| − OpEx | −$7.8k | −$5.10 |
| NOI | $23.5k | $15.30 |
Alternative Uses
Current Use by Public Records
Map
- City
- Matawan
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.265504
- Latitude
- 40.421786
