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High-Traffic Office Unit
For Sale
$500,000

5-432 State Route 34, Matawan, NJ 07747

Spacious office unit in a high-traffic setting, zoned for commercial or retail use, with shared parking.

Property SizeContact for details
Days on Market220

Property Features for 5-432 State Route 34

General Information

Standard status Active
Listing Agency: Keller Williams Shore Properties
Listed By: Timothy Scherer
Source: Exprealty
Added: Jan 3 Changed: Jul 23 Last Checked: Aug 10 at 7:38AM

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 Keller Williams Shore Properties

Investment Insights

Based on property information with market context.

Located at 5-432 State Route 34 in Matawan, NJ, this spacious unit (#5) offers a flexible layout suitable for a range of professional uses, including medical, legal, financial, and general office operations. The space is also described as retail-ready, providing a blank canvas for a future buildout.

The property is set up in a high-traffic location and is zoned for commercial or retail use. Ample shared parking is available, with approximately 125 shared parking spaces.

A management fee of $240 per month is noted for the unit. The combination of flexible zoning and parking capacity supports a variety of office and retail concepts within the existing configuration.

Key Highlights

  • Unit #5 is a spacious office unit in a high‑traffic location
  • Zoned for commercial or retail use
  • Shared parking for approximately 125 spots

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Garden Center Furniture & Home Goods Storage Facility Locksmith Daycare Center

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

247
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Spacious office unit in a high-traffic setting, zoned for commercial or retail use, with shared parking.
Where is this office units located?
The property is located at 5-432 State Route 34 Matawan, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Unit #5 is a spacious office unit in a high‑traffic location; Zoned for commercial or retail use; Shared parking for approximately 125 spots
More about this property
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