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Property profile

228 State Rte 34 Matawan, NJ 07747

OFF-MARKET
Office buildings
Property ID
US59-1349447
0.72 ac lot
Last sale May 2019 · $1,000,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a fully leased, multi-tenant commercial building located in Matawan, totaling approximately 10,000 square feet and configured to accommodate six established tenants. Interior and common-area improvements include updated bathrooms, ceilings, lighting, and flooring, along with custom Italian glass and wood doors, and custom interior painting. The building has new HVAC and air-conditioning systems with redone ductwork. Exterior and security improvements include a replaced roof and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$29k
Tax billed · 2022
Assessed value · 2023$547k
Assessed land$140k
Assessed improvement$406k
Effective rate5.35%

Value estimate

· Nov 2026
$465k
$419k – $512k
AI approach$465k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$273/SF
County average, outlier-cleaned · 176 recorded sales of this use type
Observed band · Q1–Q3$194 – $355

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R6
JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.0
Dental Office12.8
Hair Salon12.8

Location

228 State Rte 34 Matawan, NJ 07747-3808
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1082 State Rte 34, Matawan, NJ 07747-3269 $1,500,000 Dec 2025 4,472 SF
1196 State Rte 34, Matawan, NJ 07747-4007 $1,745,000 Apr 2025 4,872 SF
138 Lowr Main, Matawan, NJ 07747-1040 $900,000 Oct 2023 5,098 SF
72-74 Broad, Matawan, NJ 07747-2534 $527,000 Apr 2021 2,498 SF
147 Lowr Main, Matawan, NJ 07747-1037 $410,000 Oct 2020 3,712 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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