986 Nj-34, Matawan, NJ 07747
This exceptional retail opportunity in Matawan, New Jersey, presents a unique investment prospect. Located at 986 Route 34, the property boasts a sizable 1.78-acre lot. While the existing building currently measures 595 square feet, the expansive lot offers significant potential for redevelopment or expansion. The property's address is 986 NJ-34, Matawan, NJ 07747, situated in Monmouth County. Its convenient location along Route 34 provides excellent visibility and accessibility for potential businesses. The property is currently being offered for sale. A key advantage is that the owner is actively addressing the removal of former gas tanks, streamlining the acquisition process for prospective buyers. This presents a chance to acquire a strategically located property with considerable upside, ideal for entrepreneurs seeking a high-traffic location or developers envisioning a larger-scale project. The property's latitude and longitude coordinates are 40.4050124 and -74.2325479 respectively. This is a rare opportunity to secure a retail space in a desirable New Jersey location. The existing building's small size should not detract from the significant potential of the land itself.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.