SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.8% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Rented with stable tenants. There is room for rent to be increased. so opportunities are there. No rent control here! Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. New septic is being done now. This is an R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.
Matawan is located in New Jersey. Matawan, New Jersey has a population of 8,898. Matawan is more family-centric than the surrounding county with 37.53% of the households containing married families with children. The county average for households married with children is 34.28%.
The median household income in Matawan, New Jersey is $86,149. The median household income for the surrounding county is $91,807 compared to the national median of $57,652. The median age of people living in Matawan is 39.3 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 23.8 degrees. The average rainfall is approximately 47.5 inches per year, with 23.8 inches of snow per year.