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0 Tallwood Way, Bayville, NJ 08721
New Listing
Overview
Description
Supplements: ... (Read more) 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.
Listing Details MLS# 22620699
Contract Info
- List Price/Acre
- 370786.52
- Property Sub-Type
- Residential Land
Location
- Street Name
- Tallwood
- Street Suffix
- Way
- County
- Ocean
- Municipality
- Berkeley (BER)
- Postal City
- Bayville
- State
- NJ
- Zip Code
- 08721
- Area/Section
- Bayville
- Complex/Subdivision
- Berkeley Twp
- Middle School
- Central Reg Middle
- Directions
- 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.
- Near Bus Stop
- Yes
- Near Parkway Access
- Yes
- Residentlal District
- Yes
- Subdivision
- Yes
General Property Info
- Waterfront
- No
- Waterview
- No
- For Lease
- No
- Acreage
- 4.45
Tax and Legal
- Deed Restricted
- No
- Special Assessment
- No
- Asmnt - Total
- 0
Zoning
- General Highway
- Yes
- Multi-Family
- Yes
- Residential
- Yes
Lot Description
- Irregular Lot
- Yes
- Level
- Yes
- Multi-Lot Subdivision
- Yes
- Possible Subdivision
- Yes
- Wooded
- Yes
More Information
Water/Sewer
- Public Sewer at Street
- Yes
- Public Water at Street
- Yes
Electric
- At Street
- Yes
Gas
- At Street
- Yes
Cable
- At Street
- Yes
Out Buildings
- None
- Yes
Docs Filed
- Site Plan
- Yes
- Subdivision
- Yes
- Subdivision Plan
- Yes
- Variance
- Yes
Docs Approved
- Site Plan - Finished
- Yes
- Site Plan - Pre
- Yes
- Subdivision
- Yes
- Subdvn Plan - Finished
- Yes
- Variance
- Yes
Docs Available
- Aerial Photo
- Yes
- Site Plan
- Yes
Assessment Status
- Assessed
- Yes
Property Features
