REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,650,000
Est. payment /mo
Active
0 Tallwood Way Bayville, NJ 08721
4.45 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Municipality Berkeley (BER)
Subdivision Berkeley Twp
MLS Listing ID 22620699
Lot Size 4.450 Acres
Acres 4.45
Property Sub-Type Residential Land
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
Bypass years of costly municipal engineering, environmental review, and unpredictable zoning boards. This expansive 4.452-acre parcel (Block 1409, Lot 3.06) sits strategically within Bayville's HB (Highway Business) and R-100 (Residential) zones. The site has secured complete, final approvals for a 24-unit apartment building, eliminating all entitlement risk.
Development logistics are heavily optimized as all major utilities are already available at the street, saving significant off-site connection costs and acceleration delays.
The approved project features a diverse, highly marketable unit mix designed to capture maximum local demand. To elevate tenant retention and drive premium rental rates, the site layout explicitly features a dedicated Resident Storage Area and a private Recreati Area. Offered at $1,650,000, this is a premier asset for a developer looking to deploy capital and break ground immediately in a strong Ocean County rental market.
Approved Project & Unit Mix
" Total Density: 24 Residential Units
" Approved Unit Breakdown:
o 12 Two-Bedroom Units (Premium units for small families, downsizers, or roommates)
o 9 One-Bedroom Units (High-demand layout for young professionals and couples)
o 3 Studio Units (Efficient, entry-level layouts maximizing per-square-foot revenue)
" Resident Storage Area: Approved on-site storage infrastructure to generate additional monthly ancillary income.
" Recreation Area: Approved community amenity space to satisfy local planning standards and elevate property lifestyle appeal.
Strategic Location & Infrastructure Advantages
" Utilities at Street: All necessary public utilities are ready at the curb for immediate connection.
" HB & R-100 Zoning: Uniquely positioned across the Highway Business and Residential zones, bridging commercial convenience with neighborhood appeal.
" Transit Access: Located minutes from the Garden State Parkway, offering seamless northbound and southbound travel for regional commuters.
" Business District Proximity: Steps from the heart of the Bayville Business District along the Route 9 commercial corridor, giving residents immediate access to retail shopping, major grocery stores, and local dining.
" Generous 4.452-Acre Footprint: Provides ample space for efficient construction staging, generous parking ratios, required stormwater management, and buffered landscaping.
Investment Highlights
" Zero Entitlement Risk: Rare opportunity to purchase pre-approved land of this scale in South Jersey. Save hundreds of thousands in carrying costs and engineering fees.
" High-Performance Submarket: Capitalize on Ocean County's low vacancy rates and strong, upward rental pressure.
Development logistics are heavily optimized as all major utilities are already available at the street, saving significant off-site connection costs and acceleration delays.
The approved project features a diverse, highly marketable unit mix designed to capture maximum local demand. To elevate tenant retention and drive premium rental rates, the site layout explicitly features a dedicated Resident Storage Area and a private Recreati Area. Offered at $1,650,000, this is a premier asset for a developer looking to deploy capital and break ground immediately in a strong Ocean County rental market.
Approved Project & Unit Mix
" Total Density: 24 Residential Units
" Approved Unit Breakdown:
o 12 Two-Bedroom Units (Premium units for small families, downsizers, or roommates)
o 9 One-Bedroom Units (High-demand layout for young professionals and couples)
o 3 Studio Units (Efficient, entry-level layouts maximizing per-square-foot revenue)
" Resident Storage Area: Approved on-site storage infrastructure to generate additional monthly ancillary income.
" Recreation Area: Approved community amenity space to satisfy local planning standards and elevate property lifestyle appeal.
Strategic Location & Infrastructure Advantages
" Utilities at Street: All necessary public utilities are ready at the curb for immediate connection.
" HB & R-100 Zoning: Uniquely positioned across the Highway Business and Residential zones, bridging commercial convenience with neighborhood appeal.
" Transit Access: Located minutes from the Garden State Parkway, offering seamless northbound and southbound travel for regional commuters.
" Business District Proximity: Steps from the heart of the Bayville Business District along the Route 9 commercial corridor, giving residents immediate access to retail shopping, major grocery stores, and local dining.
" Generous 4.452-Acre Footprint: Provides ample space for efficient construction staging, generous parking ratios, required stormwater management, and buffered landscaping.
Investment Highlights
" Zero Entitlement Risk: Rare opportunity to purchase pre-approved land of this scale in South Jersey. Save hundreds of thousands in carrying costs and engineering fees.
" High-Performance Submarket: Capitalize on Ocean County's low vacancy rates and strong, upward rental pressure.
Location
State NJ
County Ocean
Area Bayville
Building/Complex Name Berkeley Twp
Direction Route 9 South from Toms River. Left on Butler Blvd, then quick right onto Tallwood Way. Property is on the left side, about 100 yards from Butler Blvd.
Exterior
Private Pool No
Building
Lot Description Irregular Lot, Level, Wooded, Multi-Lot Subdivision, Possible Subdivision
Schools
Middle Schools Central Reg Middle
Others
Senior Community No
Tax ID 00-00000-0000-00001
Listed by Keller Williams Preferred Properties,Bayville
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
FIND YOUR NEXT HOME HERE ...
- Homes For Sale in Middlesex County, NJ
- Homes For Sale in Union County, NJ
- Homes For Sale in Somerset County, NJ
- Homes For Sale in Metuchen HOT
- Homes For Sale in Edison
- Homes for Sale in Fords HOT
- Homes For Sale in Cranford HOT
- Homes For Sale in Roselle Park
- Homes For Sale in Garwood
- Homes for Sale in Westfield
- Homes For Sale in Scotch Plains
- Homes For Sale in Fanwood
- Homes For Sale in Menlo Park Terrace
- Homes For Sale in Woodbridge
- Homes For Sale in Iselin
- Homes For Sale in East Brunswick
- Homes For Sale in North Brunswick
- Homes For Sale in Sayreville
- Homes For Sale in Somerset
- Homes For Sale in Piscataway
- Homes For Sale in South Plainfield
- Homes for Sale in Colonia
- Homes For Sale in Rahway
- Homes for Sale in Clark
- Homes for Sale in Old Bridge
- Homes for Sale in Monroe
- Homes for Sale in South Brunswick