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    986 Nj-34 Matawan, NJ 07747

    For Lease
    Contact for pricing

    Prime Monmouth County Freestanding Retail

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional freestanding retail property, located at 986 Route 34 in Matawan, New Jersey, presents a unique investment opportunity. Situated on a generous 1.78-acre lot, this single-tenant building offers 1,000 square feet of completely vacant space, ready for immediate occupancy. The property's convenient location along Route 34 in Monmouth County ensures high visibility and accessibility for customers. Parking is available per local code requirements, providing ample space for patrons. The property's classification as a freestanding retail building offers significant advantages, including enhanced branding opportunities and independent control over the property's aesthetic and operational aspects. This is an ideal location for a variety of retail businesses seeking a prominent presence in a thriving community. The property is currently available for lease, offering a chance to establish a successful business in a high-traffic area. The 07747 zip code boasts a strong demographic profile, making this an attractive location for businesses targeting a diverse customer base. This single-tenant building provides a streamlined and efficient operational environment, minimizing complexities and maximizing potential returns. The 1,000 square feet of vacant space offers flexibility in design and layout, allowing for customization to suit specific business needs. Serious inquiries are encouraged to explore this exceptional retail leasing opportunity.

    Property Features for 986 Nj-34

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available pad
    Size
    0 SF

    HighLights

    • 1,000 SF vacant freestanding retail building on a 1.78‑acre lot in Matawan, NJ.
    • High‑visibility location on Route 34 in Monmouth County.
    • Ample parking.
    • 595 SF existing building on site.
    • Former gas tanks are being removed by the owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Map

    City
    Matawan
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2325479
    Latitude
    40.4050124

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    FAQs

    What type of property is this?
    Individual retail property - Prime Monmouth County Freestanding Retail
    Where is this individual retail property located?
    The property is located at 986 Nj-34 Matawan, NJ.
    What are key features of this property?
    This property features: 1,000 SF vacant freestanding retail building on a 1.78-acre lot in Matawan, NJ.; High-visibility location on Route 34 in Monmouth County.; Ample parking.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    986 Nj-34 Matawan, NJ 07747
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