Approved Multifamily Development
200 Park Avenue Freehold, NJ 07728
New
200 Park Avenue, Freehold, NJ, 07728
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For Sale
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Fully approved site for 52 residential units on an existing 6,543 SF structure.
Property Size6,543 SF
Lot Size1.47 Acres
Days on Market4
Property Features for 200 Park Avenue
General Information
- Standard status
- Active
- Size
- 6,543 SF
- Lot size
- 1.47 Acres
- Property subtype
- Land, Multifamily
Listing Agency
Colliers - Woodbridge, New Jersey
Listed by
Jacklene Chesler · License #NJ 9587537
Source
Crexi
Added: Jul 13 Checked: Jul 16 at 5:05 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Woodbridge, New Jersey
Investment Insights
Based on property information with market context.
The property at 200 Park Avenue offers a fully approved multifamily development site in Freehold Borough. The existing 6,543 SF structure sits on 1.47 acres, and the approved plans call for 52 residential units with an included unit mix, ample parking, and modern building parameters.
The location is one block from the Freehold Raceway redevelopment on a 57-acre site. The property is also approximately 0.5 miles from Freehold Borough Center, a major NJ Transit bus hub offering direct service to New York City and regional connectivity throughout New Jersey.
Ownership has the ability to apply for a 5-year tax exemption and abatement. This combination of an approved residential program and early tax savings support a streamlined path to advancing the planned development.
The location is one block from the Freehold Raceway redevelopment on a 57-acre site. The property is also approximately 0.5 miles from Freehold Borough Center, a major NJ Transit bus hub offering direct service to New York City and regional connectivity throughout New Jersey.
Ownership has the ability to apply for a 5-year tax exemption and abatement. This combination of an approved residential program and early tax savings support a streamlined path to advancing the planned development.
Key Highlights
- Fully approved multifamily development site for 52 residential units on 1.47 acres
- Existing 6,543 SF structure on the property
- Approved plans include a strategic unit mix and ample parking
Property Analytics
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FAQs
What type of property is this?
Apartment building - Fully approved site for 52 residential units on an existing 6,543 SF structure.
Where is this apartment building located?
The property is located at 200 Park Avenue Freehold, NJ.
What are key features of this property?
This property features: Fully approved multifamily development site for 52 residential units on 1.47 acres; Existing 6,543 SF structure on the property; Approved plans include a strategic unit mix and ample parking
