Press Releases
Marcus & Millichap Arranges Sale of Multifamily Property in Central New Jersey
October 16, 2026
MATAWAN, N.J., Oct. 16, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Aberdeen Woods Townhomes, an 11-unit multifamily property in Matawan, New Jersey.
“Monmouth and Middlesex counties continue to attract strong investor interest, particularly for well-located multifamily properties with convenient access to major employment centers,” said Chez Eider, senior director investments at Marcus & Millichap. “Aberdeen Woods offered a relatively scarce townhome-style rental product, attracting competitive interest from buyers focused on the property's long-term fundamentals. With due diligence completed prior to contract execution, the transaction moved efficiently from accepted offer to purchase agreement, providing the seller with greater certainty of closing.”
Eider exclusively marketed the property on behalf of the seller, Aberdeen Woods Holdings, and procured the buyer, a private investor.
Aberdeen Woods Townhomes, located at 133 Aberdeen Road, is a 16,830-square-foot multifamily property featuring a three-story building on a 2.55-acre lot. All units are two-bedroom, two-and-a-half-bath townhomes with private attached garages. The property was built in 2001, and six of the 11 units have been recently renovated.
The property is situated near the border of Monmouth and Middlesex Counties, surrounded by major national retailers including Costco, Target and Walmart, and close to the Jersey Shore Medical Center, local parks and coastal recreation areas. It is near Garden State Parkway Exit 120, Routes 34, 35, and 9 and the New Jersey Transit Matawan-Aberdeen station which provides direct service to New York City.
“Monmouth and Middlesex counties continue to attract strong investor interest, particularly for well-located multifamily properties with convenient access to major employment centers,” said Chez Eider, senior director investments at Marcus & Millichap. “Aberdeen Woods offered a relatively scarce townhome-style rental product, attracting competitive interest from buyers focused on the property's long-term fundamentals. With due diligence completed prior to contract execution, the transaction moved efficiently from accepted offer to purchase agreement, providing the seller with greater certainty of closing.”
Eider exclusively marketed the property on behalf of the seller, Aberdeen Woods Holdings, and procured the buyer, a private investor.
Aberdeen Woods Townhomes, located at 133 Aberdeen Road, is a 16,830-square-foot multifamily property featuring a three-story building on a 2.55-acre lot. All units are two-bedroom, two-and-a-half-bath townhomes with private attached garages. The property was built in 2001, and six of the 11 units have been recently renovated.
The property is situated near the border of Monmouth and Middlesex Counties, surrounded by major national retailers including Costco, Target and Walmart, and close to the Jersey Shore Medical Center, local parks and coastal recreation areas. It is near Garden State Parkway Exit 120, Routes 34, 35, and 9 and the New Jersey Transit Matawan-Aberdeen station which provides direct service to New York City.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
