Carissa Marshall
BHHS Fox & Roach Holmdel
(848) 301-1637
81 Total Sales
13 in Matawan
$253K - $920K Price Range
Matawan
Located in Monmouth County
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.
Written By
Logan Soter-Reardon
Interested in learning more about homes in this area? Reach out to , an experienced agent in this area.
Agents Specializing in this Area
-
Carissa Marshall
-
Amber Noble
Amber Noble
Keller Williams - Main Street
(848) 279-8837
98 Total Sales
1 in Matawan
$156,000 Price
-
Theresa Nesci
Theresa Nesci
Coldwell Banker Realty
(732) 410-5413
29 Total Sales
1 in Matawan
$525,000 Price
-
Keith Reinhard
Keith Reinhard
Responds QuicklyKeller Williams Shore Properties
(732) 228-4309
61 Total Sales
1 in Matawan
$205,000 Price
-
Charles Geran
Charles Geran
Weichert Realtors-Toms River
(855) 222-9091
22 Total Sales
1 in Matawan
$480,000 Price
-
Ronald Raimondo
Ronald Raimondo
Key Agency Inc
(848) 301-1743
51 Total Sales
3 in Matawan
$383K - $479K Price Range
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
- 1st to 5th
- Public
- 6th to 8th
- Public
- 9th to 12th
- Public
Matawan Housing Trends
On average, homes in Matawan, NJ sell after 21 days on the market compared to the national average of 70 days. The median sale price for homes in Matawan, NJ over the last 12 months is $270,000, down 7% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$263,500
Median Sale Price
$270,000
Median Single Family Sale Price
$530,000
Median Townhouse Sale Price
$230,000
Median 2 Bedroom Sale Price
$263,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
67
Median Home Sale Price YoY Change
-7%
Average Price Per Sq Ft
$313
Neighborhood Facts
Number of Homes in Neighborhood
4,499
Number of Homes for Sale
7
Median Year Built
1967
Months of Supply
1.30
Average Single Family Home Size Sq Ft
2,123
Above the national average
1,924
Average Townhouse Size Sq Ft
1,136
Average 2 Bedroom Size Sq Ft
1,100
Average 1 Bedroom Size Sq Ft
756
Median Lot Size Sq Ft
10,236
Open Houses
-
Saturday, Aug 21 - 4pm
$859,000
- 4 Beds
- 3 Baths
- 2,476 Sq Ft
- 244 Lloyd Rd
This newly renovated and expanded Colonial-style residence offers 4 bedrooms, 3 full bathrooms, and a flexible additional room on the first floor that may be used as a home office, den, or guest bedroom. Located on an oversized lot, the property provides ample interior and exterior living space.The main level includes an open-concept layout with a kitchen featuring 42-inch cabinets, a center
Joanna AndradeLEGACY REALTY GROUP(732) 561-1968 -
Saturday, Aug 212 - 2pm
$449,000
- 3 Beds
- 2.5 Baths
- 1,254 Sq Ft
- 68 Bradford Ct
- New 1 day ago
This 3-bedroom, 3-bath townhome has the perfect mix of space, personality, and functionality. The open layout flows effortlessly between the kitchen, dining, and living areas ideal for everyday living or hosting friends. One of the bedrooms is currently set up as a cozy art studio, showcasing the owner's love for creativity and style but it can easily be turned into an office, guest room, or
VICTORIA LYNN DEVINO WINDSOR WARNER
-
Sunday, Aug 31 - 3pm
Homes for Sale
-
$859,000
- 4 Beds
- 3 Baths
- 2,476 Sq Ft
- 244 Lloyd Rd
This newly renovated and expanded Colonial-style residence offers 4 bedrooms, 3 full bathrooms, and a flexible additional room on the first floor that may be used as a home office, den, or guest bedroom. Located on an oversized lot, the property provides ample interior and exterior living space.The main level includes an open-concept layout with a kitchen featuring 42-inch cabinets, a center
Joanna AndradeLEGACY REALTY GROUP(732) 561-1968 -
Homes for Rent
Distribution of Home Values
Average Home Value
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''
Area Factors
Bikeable
Bike Score®
51
/ 100
Very Walkable
Walk Score®
71
/ 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.
