432 State Route 34, Matawan, NJ 07747
- Added:
- Jan 2, 2026
- Days on Market:
- 162
- Last Refresh:
- Jun 13 at 2:06 am
Property Features for 432 State Route 34
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 15-11232-0000-00013-12-C1222
- Size
- 2,154 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2299
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Asphalt, Shingle
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 ideal for medical, legal, financial, or general office use.
- Zoned for Commercial or Retail use.
- Ample shared parking with approximately 125 spots.
- Retail space is a blank canvas for custom design.
- Constructed of Brick.
- Central Air Conditioning.
Overview
The unit is located at 432 State Route 34 in Matawan, NJ and is described as being in a high-traffic location. Parking is a key feature, with approximately 125 shared parking spaces available for customers, staff, and visitors.
For tenants, buyers, or operators seeking flexibility, this unit can fit general office operations as well as service-oriented professional uses such as medical, legal, or financial functions, based on the stated suitability. For retail uses, the current open character supports customization to match a specific concept, while shared parking and the high-traffic location help support everyday customer access.
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 | $64.6k | $30.00 |
| − Vacancy | −$20.7k | −$9.60 |
| EGI | $43.9k | $20.40 |
| − OpEx | −$11.0k | −$5.10 |
| NOI | $33.0k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Matawan
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.265967
- Latitude
- 40.421791
