$2,200,000

564 Morristown Rd Matawan, NJ 07747

5.8 acres
Land

Property details

About 564 Morristown Rd

This 5.81-acre property is a fantastic opportunity for investors and business owners! With the ability to build up to a 78,000-square-foot building, it's perfect for a flexspace warehouse, office, or retail use. Located in the high-demand EDO1 zone and zoned OG1, this prime spot is just seconds from Route 34, 18 minutes from the bus station, 5 minutes from the train station, and 37 minutes from Newark Airport. Buyers should do there own due diligence!

Highlights

Home typeBusiness
StatusActive
Lot size5.81 Acres
MLS #22414796
ViewTrees/Woods

Summary

  • MLS Number: 22414796
  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • Office Name: Real Broker, LLC
  • Listing Agent: Terrance D Hardy

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/1/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,200,000

564 Morristown Rd

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Price information

Property sales

DateEventPrice
Jun 28, 2022
Home Sold
$850,000

Tax history

YearAssessmentProperty Tax
2024$208,000$11,485
2022$208,000$7,968
2021$208,000$10,844
2020$208,000$10,647
2019$208,000$10,518

History based on county public records data.

Nearby schools

7

Ravine Drive Elementary School

Public District KG-4

1.3 mi

170 Ravine Dr

7

Memorial Elementary School

Public District KG-5

1.8 mi

11 Ely Ave

7

James A. Mcdivitt Elementary School

Public District KG-5

2.0 mi

1 Manny Martin Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,056. Most Matawan, NJ residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

57%
<35k
34%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

68%
Single, No Kids
2%
Single, with Kids
24%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
3%
12-17 yrs old
7%
18-34 yrs old
35%
35-64 yrs old
50%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • LincolnLincoln

What do the neighbors listen to?

  • NewsNews
  • Soft Adult ContemporarySoft Adult Contemporary
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 564 Morristown Rd

This home is located at 564 Morristown Rd in Matawan, NJ and zip code 07747. Features: 0 bathroom. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $2,200,000.

Matawan, NJ housing market in January 2025 saw over 19 listings sold above listed price, more than 7 sold at listed price and over 6 sold below. The inventory of homes for sale in Matawan, NJ between December and January 2025 decreased by 12%. Listings spent 33 days on the market in January 2025, and had a median list price of $551,666 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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