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Property profile & analytics
OFF-MARKET
Commercial real estate

State Route 34 Matawan, NJ 07747

Built 1985
Property ID
Property summary
AI-generated overview

This renovated commercial property, situated on State Route 34 in Matawan, New Jersey, presents a compelling investment opportunity. The building comprises four individual units, ideally suited for a variety of commercial uses. Two units are located on the ground floor, and two are situated upstairs, providing flexibility for different tenants or a single owner-occupier. Each unit boasts oversized offices, spacious reception areas, and its own dedicated bathroom, ensuring privacy and convenience for occupants. The building's design prioritizes functionality and efficiency, making it an attractive option for businesses seeking a well-maintained and practical workspace. A significant advantage is the availability of ample parking, a valuable asset in many commercial settings. The property's location on State Route 34 offers excellent visibility and accessibility, placing it within easy reach of a substantial business community. The asking price of $735,000 reflects the property's renovated condition, desirable features, and strategic location. This is an exceptional opportunity to acquire a well-maintained multi-unit commercial building in a thriving business area. The property is offered as-is.

Property profile
Verified
Property type Commercial real estate
Year built 1985
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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