Main St Matawan, NJ 07747
- Commercial real estate
- 0.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Main St
- Year built
- 1880
- Lot size
- 0.08 lot acres
- Property type
- Commercial real estate
Description
This exceptional mixed-use property presents a unique investment opportunity in the desirable Matawan, NJ area. Situated on a 0.08-acre lot on Main Street, this building offers a compelling blend of commercial and residential space. The ground floor boasts two distinct commercial units. One commercial space faces Main Street, benefiting from high visibility and significant pedestrian traffic. A second, smaller commercial space faces Little Street, providing additional income potential. Upstairs, a completely renovated residential apartment provides substantial rental income. This spacious apartment features three bedrooms and two full bathrooms, offering comfortable and modern living space. The property's prime location and the combination of commercial and residential components make it an ideal investment for both seasoned investors and those seeking a diversified portfolio. The strong foot traffic ensures high visibility for the commercial spaces, while the updated residential unit guarantees a reliable rental stream. This is a must-see property for anyone seeking a lucrative investment in a thriving New Jersey community. The property is priced at $650,000. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Matawan
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.222
- Latitude
- 40.422
