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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.
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.
Key Features
- Built in 1915
- 1.75 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$7,482/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2 Cliffwood Avenue
Matawan, NJ 07747
Features & Amenities
Interior Features
Property Details
Flooring
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, 2 stories, Fireplace. Interior Features: Dec Molding.
This property is listed by Gregory Papalcure and can be reached at 7325361200 or greg.papalcure@foxroach.com.




