253 STATE ROUTE 34
Matawan, NJ 07747
Retail Property For Sale

The Geller Group at Marcus & Millichap is pleased to exclusively offer for sale 235 Route
34, Matawan, New Jersey, a rare Industrial Outdoor Storage (IOS) opportunity located
within one of Monmouth County’s most supply-constrained commercial corridors.
Situated on 4.74 acres, the property is improved with a 6,000-square-foot single-story
commercial/industrial building and approximately 4 acres of functional outdoor storage
area, providing a highly desirable land-to-building ratio for contractors, fleet operators,
service companies, and other equipment-intensive users.
The property's exceptionally low 0.03 FAR and substantial usable IOS area position it as a
scarce asset within the Northern New Jersey marketplace, where outdoor storage sites
continue to experience strong demand and limited availability. The existing facility
features five grade-level drive-in doors and benefits from 55 feet of frontage along Route
34, offering outstanding visibility, accessibility, and operational efficiency. Two curb cuts
further enhance site circulation and facilitate truck, trailer, and equipment movement
throughout the property.
Strategically located in Matawan, the asset provides convenient access to the Garden State
Parkway and Routes 35, 36, and 79, enabling efficient service throughout Monmouth,
Middlesex, Ocean, and Union Counties. The property is zoned ODE-1 (Office, Distribution
& Employment District), one of Old Bridge Township's premier business zoning
designations, intended to accommodate a broad spectrum of office, flex, light industrial,
distribution, research, and employment-generating uses. The zoning provides a unique
blend of operational flexibility and long-term redevelopment potential, supporting a
variety of commercial users while preserving the property's significant outdoor storage
functionality.
The combination of flexible ODE-1 zoning, extensive outdoor storage capacity, and
strategic regional accessibility creates a compelling opportunity for contractors, utility
providers, logistics operators, fleet-based businesses, and owner-users seeking a highly
functional property within a densely populated and economically vibrant Central New
Jersey market. As Industrial Outdoor Storage continues to emerge as one of the most
sought-after asset classes in commercial real estate, 235 Route 34 offers investors and
owner-users the opportunity to acquire a well-located, irreplaceable asset with strong
long-term demand fundamentals, substantial underlying land value, and multiple avenues
for future growth and repositioning.