Matawan, NJ, is a somewhat small borough with a population of approximately 9,643 people, making it the 206th largest community in New Jersey. The housing costs in Matawan are among some of the highest in the nation, although they don't compare to the most expensive communities in New Jersey. A notable feature of Matawan is that it has more people working in computers and math than 95% of the places in the US.

A significant number of people in Matawan work from home, around 12.69% of the workforce. This is relatively high compared to the country as a whole, indicative of the borough's knowledge-based, white-collar professional environment. Matawan is also recognized as a good choice for families with children, thanks to its good public school district, large population of college-educated adults, and low crime rate. The median household income in Matawan is $101,802, and the median age of residents is 41.2 years.

The borough experiences a range of temperatures throughout the year, with an average high temperature in July of 84.9 degrees and an average low temperature in January of 20.8 degrees. Public transportation is widely used in Matawan, particularly buses, for daily commutes to work.

The real estate market in Matawan features a variety of homes for sale, with prices ranging across different levels. As of October 2023, the median listing home price in Matawan was around $499.9K, and the median sold home price was approximately $468.5K. Homes in Matawan are selling for about the asking price on average, and the market is considered balanced, meaning that the supply and demand of homes are about the same. The average number of days homes stay on the market in Matawan has increased slightly over the past year​​​​​​.