Residential Land with Home for Sale in Matawan, New Jersey

Prime Residential Development Opportunity on Cliffwood Avenue Rare opportunity to acquire a 1.5-acre parcel with approximately 221 feet of frontage on Cliffwood Avenue, offering potential for subdivision into approximately 5-6 single-family lots (subject to municipal approvals). The size, frontage, and location make this a compelling opportunity for residential builders or investors seeking a small-scale subdivision project.The property is minutes to train service and near a bus stop, with easy access to Route 34 and the Garden State Parkway, providing strong commuter appeal for future residential development. Also located on the property is a 1,560 sq. ft. updated 3-bedroom, 2.5-bath colonial,offering immediate utility while subdivision plans are explored. The home features hardwood floors, an updated kitchen with granite countertops, a sunken family room, vaulted primary bedroom ceiling, and abundant natural light throughout. The home is clean and move-in ready, and may be occupied or rented for income during the approval process.