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    Route 524 Allentown, NJ 08501

    For Sale
    $1,500,000

    Land - ALLENTOWN, NJ

    Lot size:
    8.84 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for Route 524

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    8.84 Acres

    Building Details

    Architectural style
    Other

    Berkshire Hathaway HomeServices Fox & Roach, Realtors [email protected]

    Listing agent Theresa Guttridge (732) 446-4959

    Listing date Dec 5, 2025

    MLS# NJMM2004240 Listing URL

    Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Development Opportunity in Allentown

    This 8.84-acre property is located at the signalized intersection of Route 539 and Route 524, near Exit 8 on I-195 in Upper Freehold Township, NJ. Zoned for Highway Development, the site offers visibility and accessibility for customers, employees, and deliveries. The flexible zoning accommodates various uses, including farm or residential use, feed and supply stores, retail and food stores, restaurants, child-care facilities, professional office buildings, and a strip mall or multi-tenant center, all subject to local approvals. The property is near a major Amazon fulfillment center and the historic town of Allentown, benefiting from traffic and a regional draw. This location presents a development opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Allentown
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.566381
    Latitude
    40.185619

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    FAQs

    What type of property is this?
    Commercial land - 8.84 acres of land with highway development potential.
    Where is this commercial land located?
    The property is located at Route 524 Allentown, NJ.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime highway development opportunity with **8.84 acres of land**.; - Located at the signalized intersection of Route 539 and Route 524, just off Exit 8 on I-195.; - Highway Development zone allows for a wide range of uses (retail, food, office, etc.), subject to local approvals.
    (732) 446-4959
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    Route 524 Allentown, NJ 08501
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    Allentown, NJ 08501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Route 524 Allentown, NJ 08501
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