Share This Listing

Message

936 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Townhome-Style Multifamily Asset – 11-unit community consisting entirely of large two-bedroom, 2.5-bath three-story townhomes with private entrances.
  • Below Market Rents – Current rents are approximately 15–18% below comparable two-bedroom rentals in the surrounding submarket.
  • Strong Suburban Location – Minutes to Garden State Parkway Exit 120 and approximately 1.3 miles to Aberdeen-Matawan NJ Transit.
  • Large Residential Layouts – Units average approximately 1,530 SF including attached garages, significantly larger than typical garden-style apartments
  • Efficient Operations – Built in 2001 with separate utilities, private entrances and attached garages for each residence.
  • Multiple Exit Strategies – Opportunity for long-term hold with rent growth potential or future condominium conversion.

Executive Summary

Aberdeen Woods Townhomes is an 11-unit townhome-style multifamily community located in the Aberdeen / Matawan submarket of Monmouth County, New Jersey. Built in 2001, the property consists entirely of three-story two-bedroom, 2.5-bath townhome residences with private entrances, attached garages, separate utilities, and individual decks.
The residences average approximately 1,530 square feet including attached garages (~1,230 SF interior living space), offering significantly larger layouts than typical garden-style apartments in the surrounding market.
The property produces stable in-place income with an opportunity for additional NOI growth through rent alignment with comparable two-bedroom rentals in the submarket. Current rents are estimated to be approximately 15–18% below market levels, providing a clear path to revenue growth as leases roll.
Aberdeen Woods is located in Northern Monmouth County, with convenient access to the Garden State Parkway and the Aberdeen-Matawan NJ Transit Station, providing connectivity to employment centers in both Monmouth and Middlesex Counties.
With limited competing townhome-style rental inventory in the immediate submarket, Aberdeen Woods offers investors the opportunity to acquire a well-located suburban multifamily asset with stable income and measurable rent growth potential.

Property Facts

Price $5,613,187 CAD
Price Per Unit $510,290 CAD
Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 2.55 AC
Building Size 16,830 SF
Average Occupancy 100%
No. Stories 3
Year Built 2001
Parking Ratio 1.9/1,000 SF
Zoning Commercial

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 11 - 1,533

Property Taxes

Property Taxes

Parcel Number
01-00154-0000-00015
Land Assessment
$602,391 CAD
Improvements Assessment
$2,272,656 CAD
Total Assessment
$2,875,047 CAD
  • Listing ID: 39808119

  • Date on Market: 2026-03-17

  • Last Updated:

  • Address: 133 Aberdeen Rd, Matawan, NJ 07747

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}