Section Image

Matawan

Matawan

Located in Monmouth County

$638,715 Average Value
$347 Average Price per Sq Ft
44 Homes For Sale

Matawan has well-rated schools and quick access to many destinations

Along New Jersey’s Raritan Bayshore, the suburban communities of Matawan and Aberdeen offer one of the area’s most convenient locations. The community is around the corner from the amusement park of Keansburg, a short drive up Route 36 from the beaches of Sea Bright, within 10 minutes of the Raritan Bridge into North Jersey, and along major train and bus routes including New York City. This charming suburb also boasts a highly rated school district. Matawan’s name, in the Lenape Tribe’s language – may refer to “where two rivers come together,” as this town is surrounded by lakes, streams, and creeks. Movie buffs may be interested to know that Matawan was the site of a 1916 shark attack that inspired the legendary film Jaws a half-century later; this historic local event is commemorated with a “man-eater” mural at a kayaking tunnel and an informative plaque. Aberdeen Township was established in 1677, drawing its name from the Scottish town from which most of its original settlers emigrated, and this town shares historical ties with Matawan; from 1857 to 1977, Aberdeen was renamed to “Matawan Township.”

The Matawan-Aberdeen Station is centrally located in the heart of Matawan.
The Matawan-Aberdeen Station is centrally located in the heart of Matawan.
The Burrows Mansion in Matawan was built in 1723 and now operates as a museum.
The Burrows Mansion in Matawan was built in 1723 and now operates as a museum.
1/2

Houses include Colonial Revivals, bungalows and Queen Annes

This dual community has a distinctly suburban character, with hundreds of homes of all sizes lining residential side-streets. In reference to this historic community’s roots, colonial architectural influences can be observed in houses of all sizes, including bungalows and ranch-style homes. In addition, popular vintage styles such as neoclassical and Queen Anne homes add variety to this timeless aesthetic. Aberdeen’s home prices fall around at $400,000 and Matawan around $500,000, both of which are less expensive than the rest of Monmouth County, where one can expect to pay about $600,000.

Bungalows are a modest option for prospective buyers in Matawan.
Bungalows are a modest option for prospective buyers in Matawan.
Queen Anne-style homes are dotted throughout Matawan and give the neighborhood an elegant feel.
Queen Anne-style homes are dotted throughout Matawan and give the neighborhood an elegant feel.
1/2

Memorial Park offers history and shaded paths

At the entrance to Matawan, Memorial Park provides residents with a venue for reflection on the town’s history and heroes, from a statue commemorating the locals who served in World War I to a plaque recalling the 1916 Matawan shark attack, a monument dedicated to the Matawan Fire Department, and a small memorial to the local victims of 9/11. This park is popular for shaded strolls, as is the Henry Hudson Trail, which runs through the town on its way to the shoreline.

Memorial Park is the place to reflect and honor fallen heroes in Matawan.
Memorial Park is the place to reflect and honor fallen heroes in Matawan.
Ivy Hill Park has a playground where children can run around and play in Matawan.
Ivy Hill Park has a playground where children can run around and play in Matawan.
1/2

Restaurants serve Sicilian-style pizza, sandwiches and comfort foods

Aberdeen is home to the community’s retail hub, the Aberdeen Town Square Center. This shopping plaza includes eateries such as Denino’s Pizza Place, which serves large pizzas – including Sicilian-style pies – in addition to calamari, paninis and other Italian classics. Livoti’s Old World Market sells high-quality Italian deli meats, fresh bread and mozzarella cheese, and other Mediterranean ingredients for cooking enthusiasts. Just down Route 34, both a Stop & Shop and ShopRite provide a more comprehensive selection of grocery needs. Matawan is teeming with dozens of popular restaurants with diverse menus, from the old-timey feel at Park Place Diner to the gastropub environment at Maloney’s Pub & Grill, the large portions of Indian food at Hyderabad Spice, and the traditional Chinese dim sum at West Lake.

Residents stop by Livoti's Old World Market for some Italian ingredients in Matawan.
Residents stop by Livoti's Old World Market for some Italian ingredients in Matawan.
West Lake Dim Sum offers unique Chinese cuisine in Matawan.
West Lake Dim Sum offers unique Chinese cuisine in Matawan.
Big Ed's BBQ in Matawan is a great spot for residents to host family events.
Big Ed's BBQ in Matawan is a great spot for residents to host family events.
1/3

Garden State Parkway serves commuters

Commuters can access New York City within an hour either via the Garden State Parkway, by an NJ Transit bus to Port Authority, or by a train ride to New York Penn Station. Additionally, the sunny beaches of Sea Bright are just a 30-minute drive along Route 36.

Residents can hop on the NJ Transit train to get to New York City from Matawan.
Residents can hop on the NJ Transit train to get to New York City from Matawan.
Visitors from New York City can journey to the Aberdeen-Matawan station in Matawan.
Visitors from New York City can journey to the Aberdeen-Matawan station in Matawan.
1/2
Logan Soter-Reardon
Written By
Logan Soter-Reardon

Interested in learning more about homes in this area? Reach out to Christopher Morales, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Matawan Housing Trends

Housing Trends

Median List Price
$547,000
Median Sale Price
$560,000
Median Single Family Sale Price
$685,000
Median Townhouse Sale Price
$470,000
Median 2 Bedroom Sale Price
$399,999
Median Change From 1st List Price
0%
Last 12 months Home Sales
511
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$347

Area Facts

Number of Homes
4,549
Number of Homes for Sale
44
Median Year Built
1967
Months of Supply
1.00
Average Single Family Home Size Sq Ft
2,173
Above the national average
1,929
Average Townhouse Size Sq Ft
1,103
Average 2 Bedroom Size Sq Ft
1,099
Average 1 Bedroom Size Sq Ft
770
Median Lot Size Sq Ft
10,672

Open Houses

  • Sunday, Dec 21
    Open House 12/21

    65 Laurie Ct, Matawan, NJ 07747

    $399,500

    • 2 Beds
    • 2 Baths
    • 1,216 Sq Ft
    • 65 Laurie Ct

    Welcome home to this charming move-in ready end unit perfectly situated in one of Old Bridge's most sought after communities. With only one shared wall you'll enjoy added privacy and peaceful atmosphere. The open concept living room/dining room combo features a cozy wood burning fireplace for relaxing or entertaining. The eat-in kitchen features durable hard surface countertops, and marble

    Neil Mendelsohn WEICHERT CO REALTORS

    Section Image
  • Saturday, Dec 13
    Open Sun 12PM - 4PM

    160 Freneau Ave, Matawan, NJ 07747

    $1,295,990

    • 5 Beds
    • 4 Baths
    • 160 Freneau Ave
    • New 6 days ago

    New construction in the Freneau section of Matawan. This immaculate home offers numerous upgrades from Real brick facade using ashlar pattern, shaker design vinyl siding interlocking pavers from front porch to an incredible back yard raised patio gas barbecue, 65'' tv to be installed, LED display lighting oversized fireplace, columns Cathedral ceilings custom chair base and crown molding

    Steven Caputi VRI Homes

    Section Image
  • Saturday, Dec 13
    Open Sun 12PM - 4PM

    160 Freneau Ave, Matawan, NJ 07747

    $1,295,900

    • 5 Beds
    • 4 Baths
    • 3,804 Sq Ft
    • 160 Freneau Ave
    • New 21 days ago

    New construction in the Freneau section of Matawan. This immaculate home offers numerous upgrades from Real brick facade using ashlar pattern, shaker design vinyl siding interlocking pavers from front porch to an incredible back yard raised patio gas barbecue, 65'' tv to be installed, LED display lighting oversized fireplace, columns Cathedral ceilings custom chair base and crown molding

    Steven Caputi VRI Homes

    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Matawan Has More Owners

Demographics

Total Population
8,778
Median Age
41
Population Density
11 ppl/acre
Population under 18
23.2%
On par with the national average
23.8%
Population over 65
17.2%
On par with the national average
19.1%

Finances

Median Household Income
$116,068
Significantly above the national average
$79,601
Average Household Income
$135,051

Education and Workforce

High School Graduates
97%
Above the national average
89%
College Graduates
40.7%
Advanced Degrees
14.9%
% Population in Labor Force
76%
Above the national average
64.9%

Weather

Annual Precipitation
49''
Average Winter Low Temperature
23°F
Average Summer High Temperature
86°F
Annual Snowfall
20''

Area Factors

Bikeable

Bike Score®®

51 / 100

Very Walkable

Walk Score®®

73 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Matawan
Christopher Morales
Allegro Agency
Section Image