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About This Home

This 3-bedroom, 2-bathroom single family at 2 Cliffwood Avenue in Matawan, NJ is listed for $1,450,000 ($929 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 Avenue Rare opportunity to acquire a 1.5-acre parcel with approximately 221 feet of frontage on Cliffwood Avenue, offering potential for subdivision into approximately 5-6 single-family lots (subject to municipal approvals).

The size, frontage, and location make this a compelling opportunity for residential builders or investors seeking a small-scale subdivision project.The property is minutes to train service and near a bus stop, with easy access to Route 34 and the Garden State Parkway, providing strong commuter appeal for future residential development.

Also located on the property is a 1,560 sq. ft. updated 3-bedroom, 2.5-bath colonial,offering immediate utility while subdivision plans are explored. The home features 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

2 stories
2 full, 1 half
1915

Amenities

FireplaceA/C

Monthly Cost Estimate

$7,755/mo

20% down · 6.5% · 30 years

Principal$1,049
Interest$6,283
Insurance$423

Estimates only. Actual payments may vary.

Location

2 Cliffwood Avenue

Matawan, NJ 07747

Features & Amenities

Interior Features

Dec Molding

Property Details

Flooring

Wood

Questions & Answers

This 3-bedroom, 2-bathroom single family at 2 Cliffwood Avenue is listed at $1,450,000 ($929/sqft). The estimated monthly payment is $6,283 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.

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GP

Gregory Papalcure

Agent at Berkshire Hathaway HomeServices Fox & Roach - Manalapan

(732) 536-1200

Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan · View on Broker Site

MLS# 22537504· Source: listhub· Updated 101 days ago

Copyright © 2026 More MLS. 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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