Approved Multifamily Development
For Sale
$1,650,000
Tallwood Way, Bayville, NJ 08721
Land/Lots, Bayville, NJ
Property SizeContact for details
Lot Size4.45 Acres
Days on Market68
Property Features for Tallwood Way
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential, Multi-Family, General Highway
Subdivision
Berkeley Twp
Lot features
Irregular Lot, Level, Wooded, Multi- Lot Subdivision, Possible Subdivision
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.
Standard status
Active
APN
00-00000-0000-00001
Lot size
4.45 Acres
Listing Agency:
Keller Williams Preferred Properties,Bayville · Keller Williams Realty
Listed By:
Michael Mabie
(732) 269-5200
Added: Jul 8
Changed: Sep 4
Last Checked: Sep 13 at 5:06AM
MLS# 22620699
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land parcel is approved for a 24-unit apartment development. The approved unit mix includes 12 two-bedroom units, 9 one-bedroom units, and 3 studio units, along with designated resident storage and a recreation area. Public utilities are available at the street, supporting connection to the planned development.
The property carries HB (Highway Business) and R-100 (Residential) zoning and is positioned near the Garden State Parkway and the Route 9 commercial corridor in Bayville. The surrounding business district provides access to retail shopping, grocery stores, and dining. The approved site plan also addresses parking, stormwater management, construction staging, and buffered landscaping.
The property carries HB (Highway Business) and R-100 (Residential) zoning and is positioned near the Garden State Parkway and the Route 9 commercial corridor in Bayville. The surrounding business district provides access to retail shopping, grocery stores, and dining. The approved site plan also addresses parking, stormwater management, construction staging, and buffered landscaping.
Key Highlights
- Final approvals for a 24‑unit apartment development
- Approved mix: 12 two‑bedroom, 9 one‑bedroom, and 3 studio units
- Resident storage area and recreation area included in the approved plan
Property Analytics
Current Use
Lease Details
24
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
Demographics for 08721, NJ
22,050
Population
9,343
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
23.7 sq mi
ZIP Area
930
Density / Sq Mi
$104,361
Median Household Income
$54,594
Median Earnings
$1,595
Median Rent
$353,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with approved apartment plans, street-accessible utilities, and combined highway business and residential zoning.
Where is this commercial land located?
The property is located at Tallwood Way Bayville, NJ.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Final approvals for a 24‑unit apartment development; Approved mix: 12 two‑bedroom, 9 one‑bedroom, and 3 studio units; Resident storage area and recreation area included in the approved plan
