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    Property profile & analytics

    938 Hwy Matawan, NJ 07747

    • Retail properties
    • 12,509 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 938 Hwy

    Year built
    1974
    Lot size
    0.75 lot acres
    Property size
    12,509 SF
    Property type
    Retail properties
    Property subtype
    Auto shops

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Matawan
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2353
    Latitude
    40.4071

    Comparable in this City

    • Value Estimation
      $500,000
      7,904 SF

      150 State Rte 34

      AUTO REPAIR, GARAGE • 7,904 SF
      150 State Rte 34, Matawan, NJ 07747-2132
      View Details
    • Value Estimation by Request
      27,000 SF

      450 Rte

      Medical offices • 27,000 SF
      450 Rte, Matawan, NJ 07747
      View Details
    • Value Estimation by Request
      8,000 SF

      128-132 Main St

      Retail properties • 8,000 SF
      128-132 Main St, Matawan, NJ 07747
      View Details
    • Value Estimation by Request
      2,592 SF

      1164 Rte

      Neighborhood centers • 2,592 SF
      1164 Rte, Aberdeen Township, NJ 07747
      View Details
    • Value Estimation by Request

      419 Hwy 34 Hwy

      Restaurants
      419 Hwy 34 Hwy, Matawan, NJ 07747
      View Details
    • Value Estimation by Request
      33,504 SF

      1008 Rte

      Restaurants • 33,504 SF
      1008 Rte, Matawan, NJ 07747
      View Details

    Similar Nearby for Sale

    • $120,000
      5,768 SF

      40 Main Street # A

      Retail properties • 5,768 SF
      40 Main St, Matawan, NJ 07747
      View Details
    • $125,000

      Matawan Restaurant for Sale

      Established Indian Restaurant, Prime Location
      419 Hwy 34 Hwy, Matawan, NJ 07747
      View Details
    • Contact for pricing
      1 SF

      Matawan Retail Property - Route 34

      Prime Retail Space, 1.78 Acres
      986 Nj-34, Matawan, NJ 07747
      View Details
    • $2,200,000
      16,000 SF

      Fully Leased Commercial Investment Opportunity

      Turnkey, fully-leased commercial building with six established tenants in Old Bridge.
      228 SE State Rte 34 Cor, Old Bridge, NJ 07747
      View Details
    • $735,000
      1,100 SF

      Prime Matawan Commercial Land

      1,100 SF Commercial Land, $735,000
      260 State Route 34, Matawan, NJ 07747
      View Details
    • $735,000

      Matawan Commercial Building - 4 Units

      Renovated commercial building, ample parking.
      State Route 34, Matawan, NJ 07747
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Matawan Retail Space For Lease

      Prime Monmouth County Freestanding Retail
      986 Nj-34, Matawan, NJ 07747
      View Details
    • $13 SF/Yr
      50,000 SF

      Prime Matawan Retail Space

      High-visibility retail spaces available.
      419 Rte, Matawan, NJ 07747
      View Details
    • Contact for pricing
      2,592 SF

      Aberdeen Retail Center - Route 34

      Prime Retail Space, 2,592 SF Available
      1164 Rte, Aberdeen Township, NJ 07747
      View Details
    • Contact for pricing
      33,504 SF

      Matawan Retail Space For Lease

      Prime Restaurant Space Available in Matawan, NJ
      1008 Rte, Matawan, NJ 07747
      View Details
    • $4,200 /Mo
      1,500 SF

      Prime Corner Commercial Space Available

      Versatile 1,150 SF commercial space in downtown Matawan.
      135 Main St, Matawan, NJ 07747
      View Details
    • Contact for pricing

      Retail Space on Route 35

      Retail storefronts available for lease on high-traffic Route 35.
      500-508 Cliffwood Ave W, Matawan, NJ 07747
      View Details
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    938 Hwy
    Matawan, NJ 07747
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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
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