Multifamily Property for Sale in Matawan, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Matawan, NJ 07747

Description

The Eider Group at Marcus & Millichap is pleased to present the opportunity to acquire a townhome-style multifamily property comprised entirely of two-bedroom units with private entrances and attached garages. The asset offers large-format floor plans that differentiate it from traditional garden-style apartments and support consistent renter demand. The property generates in-place cash flow and provides additional upside through continued unit upgrades and mark-to-market rent execution. Recent capital improvements have been completed in select units, reducing near-term execution risk. Located in Central New Jersey with access to major roadways and NJ Transit rail service, the asset serves both Monmouth and Middlesex County employment bases. With limited competing supply of comparable townhome-style rental product, the offering provides a stable income profile with measurable rent growth potential. Investment Highlights: • Townhome-style multifamily asset comprised entirely of 2-bedroom units with private entrances and attached garages. • Units average approximately 1,530 SF including garages - significantly larger than typical garden-style product in the submarket. • Limited supply of comparable townhome-style rental product in the immediate submarket. • Central New Jersey location with access to Routes 9, 34, 35, Garden State Parkway Exit 120, and NJ Transit rail service. • Serves both Monmouth and Middlesex County employment bases. • Operationally manageable asset size suited for private and mid-sized investors.

Market Context

This multifamily in Matawan, NJ is listed for sale. It is offered at an approximate 5.6% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in Matawan, NJ — <a href="/search/sale/multifamily/new-jersey/matawan">view the full market</a>.

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