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$2,200,000
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Property Description
A Premier Commerical Investment Opportunity in Old Bridge. Discover a meticulously updatd & fullyy-leased Bldg presenting a turnkey investment opporunity blends modern quality design w/functional,income-producing space. Spanning approx.10,000Sq ', this Bldg is a hub of vibrant business activity,curently housing a diverse mix of 6 established tenants,all secured on active leases. The ownership has invested significantly in high-quality updates thruout New Bathrooms new ceilings,Lites, flooring,new doors-custom Italian Glass & wood. HVAC & AIR all new, All ducts all redone, all custom painting thru-out Bldg. New Roof Camera Sys W/parking lot timer lights. Full basement This low manintanence cash flowing asset ideal for savy investor seeking stable addition with clear potential
Full Property Details
Full Property Details for 228 State Route 34
General
- Price: $2,200,000
- Taxes: $31,419 (2024)
- Status: Active
- Type: Office
- Source: Monmouth
- MLS ID: 22528705
- Updated: 4/28/2026
- Added to Site: 227 day(s) ago
Business
- Business Type: Professional/Office
Rental Information
- Complex Features: Landscaping
Interior
- Flooring: Vinyl Plank, Concrete, Tile, See Remarks
Additional Information
- Shared Amenities: Landscaping
- Security/Safety: Security System
Exterior
- Exterior Features: Lighting
Parking
- Total Spaces: 50
- Parking Features: Lighted, On-Site Parking, Parking Lot, Open, Paver Block
Location
- Area: Old Bridge (OLD)
- Municipality: Old Bridge (OLD)
- County: Middlesex
- Location Details: Near Parkway Access, Other (See Remarks), Residential District
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, See Remarks
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick
- Square Feet: 10,000
- Current Bldg. Use: Professional/Office
- Year Built: 1990
Lot Features
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,363.2
- Lot Features: Highway Frontage, Landscaped, See Remarks
- Zoning: Office, Professional
Financial Considerations
- Price Per Sq. Ft.: $220
- Assessment Amount: $546,600
- Tax Amount: $31,419
- Tax Year: 2024
- Owner Pays: Common Area Maintenance, Grounds Care, Water, Taxes, Snow Removal, Sewer, Heat, Garbage Removal
- Landlord Pays: Garbage Removal, Heat, Sewer, Snow Removal, Taxes, Water
Disclosures and Reports
- Property ID: 15-10260-0000-00067
- Section: None
Listed by VRI Homes, B.K. Kromer
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Schools
Schools serving 228 State Route 34
School District:Old Bridge Township School District
| Name | Grades | Distance |
|---|---|---|
Old Bridge High School 4209 County Road 516, Matawan, NJ 07747 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 228 State Route 34
Date
Details
Price
Change
Source
9/20/2025
Listed
$2,200,000
120%
MLS
4/25/2019
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 228 State Route 34
Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,419
4%
$546,600
—
2023
$30,183
3%
$546,600
—
2022
$29,249
2%
$546,600
—
2021
$28,768
34%
$546,600
—
2021
$21,488
-23%
$546,600
—
2019
$27,980
1%
$546,600
—
2018
$27,642
3%
$546,600
—
2017
$26,794
-9%
$546,600
-11%
2016
$29,595
2%
$616,300
—
2015
$29,096
3%
$616,300
—
2013
$28,177
—
$616,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 228 State Route 34
228 State Route 34, Matawan, NJ 07747 (MLS# 22528705) is a Office property. 228 State Route 34 is currently listed for $2,200,000 and was received on September 20, 2025. Want to learn more about 228 State Route 34? Do you have questions about finding other Office real estate for sale in Matawan? You can browse all Matawan real estate or contact a Coldwell Banker agent to request more information.

