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14 Cliffwood Ave
Matawan, NJ 07747

Office Property For Sale

Investment Highlights

  • Metropark South II offers a prime opportunity for an owner/user or investor searching for a Class A office space in Northern New Jersey.
  • Capitalize on the building’s highly efficient floor plans with open areas for individual workstations, private offices, conference rooms, and more.
  • Professional landscaping, 189 standard vehicle spaces, and a soaring multi-story atrium lobby make a lasting impression on tenants and guests.
  • Garden State Parkway sits directly adjacent to the property, and surrounding amenities and Interstate 95 are reachable within minutes.

Executive Summary

Metropark South II at 14 Cliffwood Avenue is an approximately 46,345-square-foot, Class A office building in Matawan, New Jersey. Meticulously maintained, the property welcomes tenants and guests with a soaring multi-story atrium lobby with floor-to-ceiling curtain glass flooding the space with natural light. 14 Cliffwood Avenue offers businesses high-end office suites featuring expansive window lines, a reception area, conference rooms, employee kitchen/breakrooms, and private and shared restrooms. The building also includes an approximately 5,000-square-foot basement and 189 parking spaces, 50 of which are covered.

Strategically located directly adjacent to the Garden State Parkway in Northern New Jersey, Metropark South II offers exceptional connectivity. The building sits 40 miles south of Midtown Manhattan, 10 minutes from Interstate 95/New Jersey Turnpike, and 30 minutes from Newark Liberty International Airport. Several amenities surround the property, including Walgreens, Dunkin', Bagel Factory Cafe, Famiglia Bistro Pizzeria, and Mama's Market. Affluent residential communities and picturesque local and state parks also neighbor 14 Cliffwood Avenue.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
46,345 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$10,500,000
Price Per SF
$227
Percent Leased
78%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,100 SF
Building FAR
0.38
Lot Size
2.77 AC
Zoning
CN
Parking
189 Spaces (4.08 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-03235-0000-00003
Land Assessment
$77,700
Improvements Assessment
$2,755,800
Total Assessment
$2,833,500
  • Listing ID: 29088818

  • Date on Market: 7/24/2023

  • Last Updated:

  • Address: 14 Cliffwood Ave, Matawan, NJ 07747

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