Matawan

Matawan

Located in Monmouth County

$617,827 Average Value
$334 Average Price per Sq Ft
19 Homes For Sale

Along New Jersey’s Raritan Bayshore, the suburban communities of Matawan and Aberdeen offer one of the area’s most convenient locations. Just 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.”

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.

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.

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.

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.

Logan Soter-Reardon
Written By
Logan Soter-Reardon

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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

Matawan Housing Trends

Housing Trends

Median List Price
$562,000
Median Sale Price
$562,000
Median Single Family Sale Price
$640,000
Median Townhouse Sale Price
$470,000
Median 2 Bedroom Sale Price
$405,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
280
Median Home Sale Price YoY Change
$9
Average Price Per Sq Ft
$334

Neighborhood Facts

Number of Homes for Sale
19
Months of Supply
0.80

Open Houses

  • Sunday, Jun 15
    12 - 3pm

    153 Lloyd Rd, Matawan, NJ 07747

    $590,000

    • 5 Beds
    • 2 Baths
    • 2,135 Sq Ft
    • 153 Lloyd Rd
    • New 2 days ago

    Expanded Ranch! Five-bedroom, two full bathroom house in the Matawan/Aberdeen area. Spacious living room and dining room with vaulted ceilings and a wood-burning fireplace. Anderson Sliders lead to an outdoor paved patio overlooking a beautifully landscaped, fenced-in yard. Ample closets, Full bath in primary bedroom and the fifth bedroom can be used as a den/family room. The eat-in kitchen

    Janine Mazzaro Coldwell Banker Realty

  • Saturday, Jun 14
    12 - 4pm

    35 Poet Dr, Matawan, NJ 07747

    $789,000

    • 5 Beds
    • 2.5 Baths
    • 2,536 Sq Ft
    • 35 Poet Dr
    • New 3 days ago

    This is a Coming Soon Listing, Showings Begin on 06/12. Welcome to 35 Poet Drive, one of Matawan's most desirable and history rich streets. named in honor of Philip Freneau, the celebrated poet of the American Revolution. Nestled in a quiet, tree lined neighborhood with one way in and one way out, this beautiful home sits on a street known for its stunning homes, deep-rooted American history,

    Jennifer Sabodish KELLER WILLIAMS WEST MONMOUTH

  • Tuesday, Jun 17
    12 - 2pm

    160 Freneau Ave, Matawan, NJ 07747

    $1,349,000

    • 5 Beds
    • 4 Baths
    • 4,800 Sq Ft
    • 160 Freneau Ave

    New Construction this home is located in the desirable Freneau section of Matawan. Boasting 5 Bedrooms 2.2 Baths 3500 Sf of living Plus an array of premium upgrades. This property features a beautiful real brick façade in an ashlar pattern, accented by shaker-style vinyl siding. The exterior is thoughtfully designed with interlocking pavers leading from the front porch to a raised backyard patio,

    Janice Rizzo Robert DeFalco Realty Inc.

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
$71,702
Average Household Income
$135,051

Education and Workforce

High School Graduates
97%
Above the national average
89.1%
College Graduates
40.7%
Advanced Degrees
14.9%
% Population in Labor Force
76%
Above the national average
65.1%

Weather

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