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Property profile & analytics

334 Main St Matawan, NJ 07747-3239

  • Commercial real estate
  • 4,998 SF
  • 0.63 lot acres
OFF-MARKET
Value Estimations
$940,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US59-1831952
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Matawan Cleaners / Dry Cleaner
  • Cut and Curl Hair Salon / Hair Salon
  • New Nail Salon / Nail Salon
  • La Madona Italian Cuisine and Pizzeria / Pizza Restaurant / Pizza Takeout

Property Details for 334 Main St

Year built
1966
Construction
CONCRETE BLOCKS
Lot size
0.63 lot acres
Property size
4,998 SF
Zone code
GB
Property type
Commercial real estate
APN
31 00047- 02-00013
APU
31000470200013

Description

This exceptional turnkey business opportunity presents a well-established dry cleaning operation located at 334 Main Street, Unit 334, in the vibrant town of Matawan, New Jersey. The property boasts a spacious 4,998 square feet of interior space, perfectly suited for the current dry cleaning business and offering potential for expansion or adaptation to other uses. Situated on a 0.63-acre lot, the property enjoys excellent visibility and accessibility, benefiting from its prime Main Street location. The current owner, after many years of successful operation, is looking to retire and is offering a smooth transition for a new owner. This includes valuable on-site training to ensure a seamless handover of operations and established clientele. Furthermore, owner financing may be available, making this an attractive proposition for qualified buyers seeking a profitable venture with reduced upfront capital requirements. The asking price for this established business, including the real estate, is $300,000. This presents a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable New Jersey location. Serious inquiries are encouraged to explore this unique opportunity further. The property's size and location make it an ideal investment for entrepreneurs seeking a ready-made business with a strong foundation for continued success.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,125,000
    6.5%
    $1,040,000
    7%
    $965,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $603,000
    Market price range: $265k - $1.03M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Matawan
County
Monmouth
State
New Jersey
Longitude
-74.2378
Latitude
40.4044
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,214
$594,800
$295,200
$890,000
-
$594,800
$295,200
$890,000
More about this property
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