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343-351 State Route 34
Matawan, NJ 07747
Park Plaza Mall · Retail Property For Sale
Investment Highlights
- Within 3-miles of the shopping center there are 71,365 residents with average household incomes of $116,442.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
51,300 SF
Building Class
C
Year Built
1986
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
4.87 AC
Zoning
CC
Parking
230 Spaces (5.12 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
About 343-351 STATE ROUTE 34 , MATAWAN, NJ 07747
Legacy Commercial Realty is pleased to present Park Plaza, a 61,790 square foot neighborhood shopping center located in Matawan, Middlesex County, New Jersey. At the intersection of Morristown Rd and Route 34, this property is in close proximity to Route 9 and Garden State Parkway. The center is 94% occupied and made up of destination oriented local and regional tenancy that serve the daily needs of a dense and highly affluent surrounding demographic. A lack of major retail density within a surrounding 3-mile radius, coupled with natural barriers to entry in the immediate area makes Park Plaza a prime option for tenants looking to serve the local and commuting residents.
Property Taxes
| Parcel Number | 15-03231-0000-00017 | Improvements Assessment | $1,688,000 |
| Land Assessment | $1,312,000 | Total Assessment | $3,000,000 |
Property Taxes
Parcel Number
15-03231-0000-00017
Land Assessment
$1,312,000
Improvements Assessment
$1,688,000
Total Assessment
$3,000,000
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