$1,399,000

House for sale Matawan
Property photo number 1 of 16 Photos for Property. File  105632389_29_e10a3a1f65315d01b056bba667b5b6ba.jpeg

Overview

SUMMARY: Discover an opportunity with this Matawan house for sale and available for $1,399,000. This could be your next ideal home or a smart investment. More details await.
Prime Residential Development Opportunity on Cliffwood Avenue Rare opportunity to acquire a 1.5-acre parcel with approximately 221 feet of frontage on Cliffwood Avenue, offering potential subdivision into approximately 5-6 single-family lots, subject to municipal approvals. The size, frontage, and location make this an attractive opportunity for builders or investors seeking a small-scale residential development project. Minutes to train service, near a bus stop, and convenient to Route 34 and the Garden State Parkway, the property offers strong commuter appeal. Also included is an updated 1,560 sq. ft. 3-bedroom, 2.5-bath colonial, offering potential rental income or interim use while subdivision plans are explored. hardwood floors, an updated kitchen with granite countertops, a sunken family room, vaulted primary bedroom ceiling, and abundant natural light throughout. The home is clean and move-in ready, and may be occupied or rented for income during the approval process.
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Details

  • Beds: 3
  • Baths: 2.5
  • Price: $1,399,000
  • Reference No.: 96124965
  • Area: 1,560 sqft

Location

Marketed by:

  • Greg Papalcure
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