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About This Home

This 3-bedroom, 3-bathroom single family at 2 Cliffwood Avenue in Matawan, NJ is listed for $1,399,000 ($897 per sqft). Built in 1915, the home offers 1,560 sqft of living space on a 1.75 acres lot.

Agent Description

Prime Residential Development Opportunity on Cliffwood AvenueRare 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.

Key Features

  • Built in 1915
  • 1.75 acre lot

Property Details

2 full, 1 half
1915

Monthly Cost Estimate

$7,482/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,062
Insurance$408

Estimates only. Actual payments may vary.

Location

2 Cliffwood Avenue

Matawan, NJ 07747

None

Features & Amenities

Interior Features

Dec Molding

Property Details

Flooring

Wood

Heating

See Remarks (Heating)

Cooling

Other (Cooling)

Questions & Answers

This 3-bedroom, 3-bathroom single family at 2 Cliffwood Avenue is listed at $1,399,000 ($897/sqft). The estimated monthly payment is $6,062 based on 20% down at 6.5% interest.

Key features include: Built in 1915, 1.75 acre lot. Interior Features: Dec Molding.

This property is listed by Greg Papalcure and can be reached at 7325394054 or Greg.Papalcure@foxroach.com.

GP

Greg Papalcure

Agent at BHHS Fox & Roach Manalapan Sales Office

(732) 539-4054

Listed by BHHS Fox & Roach Manalapan Sales Office · View on Broker Site

MLS# 22537504· Source: listhub· Updated 153 days ago

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2 Cliffwood Avenue, Matawan, NJ 07747

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