410 Matawan Avenue, Cliffwood, NJ 07721

$3,700,000
8
BD
4
BA

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List Price
$3,700,000
Status
ACTIVE
Type
Multifamily
MLS#
22634275
Beds
8
Baths
4
Region
Aberdeen (ABE)
Year Built
1939

Property Description

Rare 5+ acre development opportunity in Aberdeen Township! Expansive, level open terrain with broad areas, free of trees, offers a versatile canvas for future residential vision, from distinctive single-family homes to a thoughtfully planned multifamily community. Enhancing its appeal is an existing five-unit multifamily dwelling on site, with renovated apartments offering potential rental income during planning and development. Adjacent to the Ken Gardens community and close to Route 35, GSP and train and bus, this location aligns with the commuter demands. Highly rated Aberdeen schools too. Well and septic systems are in place and have been regularly serviced and maintained. This is a rare combination of scale, location and potential income stream. Buyer to perform due diligence and confirm all subdivision, density, utilities and approval requirements with Aberdeen Township.

Additional Information

Elementary School
Cliffwood
Middle School
Matawan Avenue
High School
Matawan Reg
Acres
5.16
Zoning
Multi-Family
Taxes
$13,946
Subtype
Five Family
Lot Description
See Remarks
Year Built
1939
Roof
Shingle
Heat Ac
Oil Above Ground, See Remarks
Garage
Yes
Garage Capacity
1
Units
5

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Listing courtesy of Serhant New Jersey LLC. Contact: