2 Cliffwood Avenue, Matawan, NJ 07747

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 subdivision into approximately 5-6 single-family lots, subject to municipal approvals. The size, frontage, and location make this an attractive opportunity for builders or investors seeking a small-scale residential development project. Minutes to train service, near a bus stop, and convenient to Route 34 and the Garden State Parkway, the property offers strong commuter appeal. Also included is an updated 1,560 sq. ft. 3-bedroom, 2.5-bath colonial, offering potential rental income or interim use while subdivision plans are explored. 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.