The station was electrified in 1983 under New Jersey Transit as just a one-stop extension from the original end of electrification under the Pennsylvania Railroad in South Amboy.

[9] In 1984, the original station building was listed in the New Jersey Register of Historic Places and National Register of Historic Places as part of the Operating Passenger Railroad Stations Thematic Resource.

[6][7][10][11] When the station was reconstructed and expanded in the 1990s, the new stationhouse and main platforms were built on the Aberdeen (eastern) side of Atlantic Avenue.

In 2003, the area surrounding the station was designated a Transit Village by the New Jersey Department of Transportation.

[14] In late 2023, construction began on a mixed used development called "Matawan Junction" on the intersection of Main and High Streets, two blocks away from the current station, an empty lot which had been abandoned since 1984.