Why Live in Matawan
Matawan, nestled along New Jersey’s Raritan Bayshore, is a suburban community known for its convenient location and historical charm. The area is surrounded by lakes, streams, and creeks, and is within a short drive of Keansburg Amusement Park and the beaches of Sea Bright. Commuters will appreciate the easy access to New York City via major train and bus routes, as well as the Garden State Parkway. The neighborhood boasts a highly rated school district, including Matawan High School, Aberdeen Middle School, and Matawan Elementary School. Matawan’s history includes a notable 1916 shark attack that inspired the film Jaws, commemorated by a mural and plaque in the town.
The community features a variety of home styles, including colonial, neoclassical, Queen Anne, bungalows, and ranch-style homes. Memorial Park serves as a local historical site with monuments and plaques, while the Henry Hudson Trail offers scenic routes for walking and biking. Aberdeen, part of the dual community, hosts the Aberdeen Town Square Center, a retail hub with eateries like Denino’s Pizza Place and Livoti’s Old World Market. For more extensive grocery shopping, residents can visit nearby Stop & Shop and ShopRite.
Dining options in Matawan are diverse, with popular spots such as Park Place Diner, Maloney’s Pub & Grill, Hyderabad Spice, and West Lake offering a range of cuisines. The neighborhood is safer than the national average, making it a practical choice for families. With plenty of things to do, Matawan combines suburban tranquility with rich historical roots and modern conveniences.
Home Trends in Matawan, NJ
On average, homes in Matawan, NJ sell after 27 days on the market compared to the national average of 51 days. The median sale price for homes in Matawan, NJ over the last 12 months is $607,500, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$607,500
Median Single Family Sale Price
$650,000
Median Townhouse Sale Price
$488,000
Median 2 Bedroom Sale Price
$415,000
Median 1 Bedroom Sale Price
$330,000
Average Price Per Sq Ft
$351
Number of Homes for Sale
35
Last 12 months Home Sales
272
Median List Price
$620,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%