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Residential Land Parcel for Custom Home
For Sale
$750,000

318 Water Street, Eatontown, NJ 07724

Land/Lots, Eatontown, NJ

Property Size784 SF
Lot Size2.20 Acres
Price / SF$956.63
Days on Market105

Property Features for 318 Water Street

General Information

Property type Land
Property subtype Other
Zoning description Residential
Lot features Creek, Wooded
Middle school Tinton Falls
High school Monmouth Reg
Directions driveway is immediately after mailbox labeled with #318.
Standard status Active
APN 49-00080-01-00003
Size 784 SF
Lot size 2.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7138

Utilities

Water source Well
Listing Agency: Redfin Corporation
Listed By: Kathleen Froelich
Added: May 21 Changed: Aug 19 Last Checked: Sep 2 at 8:06AM
MLS# 22615093

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 2.2-acre residential land parcel offers the space to design and build a custom home from the ground up. The lot is presented as a private, buildable canvas with room to shape outdoor living around the existing natural setting, including space that could accommodate features such as a pool, outdoor kitchen, gardens, or additional garage capacity, subject to applicable approvals.

Located in Eatontown, New Jersey in Monmouth County, the property is marketed as being close to beaches, parks, shopping, dining, and major transportation routes. The address is 318 Water Street, and the offering is positioned for buyers looking for a balance of residential privacy and everyday convenience.

For prospective homeowners and builders, the property’s lot size and flexibility make it a workable site for a range of home concepts, including traditional or contemporary designs. Buyers who value control over layout, outdoor space, and overall site planning may find this parcel particularly practical for creating a residence tailored to lifestyle needs, from entertaining areas to dedicated spaces such as a home office or fitness room.

Key Highlights

  • 2.2‑acre property offers a rare opportunity to build a custom home
  • Private setting with mature trees and open space provides privacy and luxury
  • Ample room for a pool, outdoor kitchen, gardens, sports court, or additional garage space

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Parking Lot & Garage Electrical Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 07724, NJ

23,494
Population
10,424
Households
2.3
Avg Household Size
44
Median Age
45%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
1,942
Density / Sq Mi
$99,170
Median Household Income
$53,234
Median Earnings
$1,640
Median Rent
$487,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 2.2-acre residential lot in Monmouth County, suited for building a custom home with room for outdoor amenities.
Where is this residential land & home lot located?
The property is located at 318 Water Street Eatontown, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2.2‑acre property offers a rare opportunity to build a custom home; Private setting with mature trees and open space provides privacy and luxury; Ample room for a pool, outdoor kitchen, gardens, sports court, or additional garage space
More about this property
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