2127 Allenwood Rd, Wall, NJ 07719
This exceptional 22-acre parcel of land presents a compelling redevelopment opportunity in Wall Township, New Jersey. Located at 2127 Allenwood Road, 07719, this property is zoned RR and offers significant potential for residential development. The lot boasts convenient access to all utilities, situated directly at the property line. A concept plan, available upon request, illustrates a potential subdivision layout compliant with existing zoning regulations. The property is owned by an LLC and is being offered as a 1031 exchange opportunity, making it an attractive investment for qualified buyers. The expansive acreage provides ample space for a variety of residential projects, catering to diverse development plans. Its location within a sewer service area further enhances its desirability and simplifies the development process. The Monmouth County location offers a desirable suburban setting with easy access to major transportation routes and amenities. This is a rare opportunity to acquire a large, developable parcel in a prime New Jersey location. The APN is 52-00801-0000-00007. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.