Pre-Approved Apartment Development
For Sale
$1,650,000
Tallwood Way, Bayville, NJ 08721
LAND - Bayville, NJ
Property SizeContact for details
Lot Size4.45 Acres
Days on Market56
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
(732) 269-5200
Listed By:
Michael Mabie
(732) 269-5200
Added: Jul 8
Last Checked: Sep 1 at 12:06AM
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 4.45-acre residential development parcel in Bayville, NJ (Block 1409, Lot 3.06) has secured complete, final approvals for a 24-unit apartment building. The approved unit mix includes 12 two-bedroom units, 9 one-bedroom units, and 3 studio units. The plan also includes a dedicated resident storage area and a recreation area as part of the approved site layout.
Utilities are available at the street for immediate connection. The property sits within both the HB (Highway Business) and R-100 (Residential) zones. The parcel is located minutes from the Garden State Parkway and is steps from the Bayville Business District along the Route 9 commercial corridor.
All listed approvals are in place for the proposed apartment project, reducing entitlement-related uncertainty for the next phase of development.
Utilities are available at the street for immediate connection. The property sits within both the HB (Highway Business) and R-100 (Residential) zones. The parcel is located minutes from the Garden State Parkway and is steps from the Bayville Business District along the Route 9 commercial corridor.
All listed approvals are in place for the proposed apartment project, reducing entitlement-related uncertainty for the next phase of development.
Key Highlights
- 4.452‑acre parcel (Block 1409, Lot 3.06) in Bayville with approved plans for a 24‑unit apartment building
- Secured complete, final approvals for the 24‑unit project, removing entitlement risk
- Approved unit mix: 12 two‑bedroom, 9 one‑bedroom, and 3 studio units
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?
Residential land & home lot - 4.45-acre Bayville parcel with final approvals for a 24-unit apartment building and utilities available at the street.
Where is this residential land & home lot 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: 4.452‑acre parcel (Block 1409, Lot 3.06) in Bayville with approved plans for a 24‑unit apartment building; Secured complete, final approvals for the 24‑unit project, removing entitlement risk; Approved unit mix: 12 two‑bedroom, 9 one‑bedroom, and 3 studio units
