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Approved Commercial Land
For Sale
$569,000

703 Route 524, Allentown, NJ 08501

Finished subdivision parcel permitting residential rentals above commercial space in Upper Freehold.

Property SizeContact for details
Days on Market351

Property Features for 703 Route 524

General Information

Standard status Active
Property subtype Land
Listing Agency: Maxima Realtors
Listed By: Joseph San Nicola
Source: Actionplusrealty
Added: Aug 26, 2025 Changed: Aug 10 Last Checked: Aug 10 at 3:36AM

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 Maxima Realtors

Investment Insights

Based on property information with market context.

This 1.62-acre commercial land parcel is located within a completed commercial subdivision and is described as an approved, improved lot. Site engineering and subdivision improvements are in place, including roads, curbs, street lighting, and a completed stormwater management plan. The entire parcel is usable, with no wetlands or buffers and 55% impervious coverage.

The property fronts Route 524 and benefits from traffic moving toward the Tractor Supply store within the commercial subdivision. Upper Freehold permits residential rentals above commercial businesses, supporting a mixed-use development format. Permitted commercial uses identified for the site include auto sales, gas and convenience, retail, drive-through restaurant, and pharmacy operations. Plans can be submitted for approval.

Key Highlights

  • 1.62‑acre commercial land parcel fronting Route 524
  • Approved, improved lot within a finished commercial subdivision
  • 100% of the lot is usable with no wetlands or buffers

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Auto Parts Store Furniture & Home Goods Catering Service Kitchen & Bath Showroom Hair 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

29
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Tractor Supply Co. Home Improvements & Furnishings
11,029 visits/mo 0.1 miles

Demographics for 08501, NJ

6,574
Population
2,495
Households
2.6
Avg Household Size
46
Median Age
60%
College-Educated
96%
High-School Grad
27.2 sq mi
ZIP Area
242
Density / Sq Mi
$133,015
Median Household Income
$71,700
Median Earnings
$1,457
Median Rent
$530,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Finished subdivision parcel permitting residential rentals above commercial space in Upper Freehold.
Where is this commercial land located?
The property is located at 703 Route 524 Allentown, NJ.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 1.62‑acre commercial land parcel fronting Route 524; Approved, improved lot within a finished commercial subdivision; 100% of the lot is usable with no wetlands or buffers
More about this property
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