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    38 New Brunswick Ave Matawan, NJ 07747-2433
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    Property profile & analytics

    38 New Brunswick Ave, Matawan, NJ 07747-2433

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    • Grocery and convenience stores
    • 2,340 SF
    • 1.03 lot acres
    Off-Market
    Last Sale Feb 28, 2022
    $500,000
    Property ID
    US59-0428896
    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.

    Value Estimations
    $530,000
    Show details
    Cap Rate Potential
    6.8%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Freneau Woods Park / Park
    • Aberdeen Food Store / Grocery & Convenience Store
    • Amazon Hub Counter - Aberdeen Food Store / Courier Service / Postal Service
    • Pay Depot Bitcoin ATM / Atm

    Property Details for 38 New Brunswick Ave

    Year built
    1973
    Construction
    FRAME
    Lot size
    1.03 lot acres
    Property type
    Grocery and convenience stores
    APN
    01 00151-0000-00005
    APU
    100151000000005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 24, 2026 — Aberdeen Food Store INC — Deed · related $450k · Mid Penn Bank
    Feb 28, 2022 $500,000 Shree Aberdeen LLC Paresh Patel Deed $580k · New Millennium Bank
    Apr 9, 2019 $125,000 Paresh Patel Patel,minesh Quit Claim Deed · related —
    — — Minesh Patel — Deed Of Trust · related $325k · Pamrapo Savings Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $525,000
      ML approach
      $565,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $595,000
      6.5%
      $550,000
      7%
      $510,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $455,000
      AUTO REPAIR, GARAGE
      $350,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Matawan
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2437
    Latitude
    40.4053
    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
    $13,488
    $314,200
    $204,800
    $519,000
    -
    $314,200
    $204,800
    $519,000
    More about this property
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