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Residential Land for Sale in Bayville, New Jersey

Tallwood Way, Bayville, NJ 08721

$1,650,000
4.45 acres
Active sale
ago
Est $13,426/mo

Bypass years of costly municipal engineering, environmental review, and unpredictable zoning boards. This expansive 4.452-acre parcel (Block 1409, Lot 3.06) sits strategically within Bayville's HB (Highway Business) and R-100 (Residential) zones. The site has secured complete, final approvals for a 24-unit apartment building, eliminating all entitlement risk. Development logistics are heavily optimized as all major utilities are already available at the street, saving significant off-site connection costs and acceleration delays. The approved project features a diverse, highly marketable unit mix designed to capture maximum local demand. To elevate tenant retention and drive premium rental rates, the site layout explicitly features a dedicated Resident Storage Area and a private Recreati Area. Offered at $1,650,000, this is a premier asset for a developer looking to deploy capital and break ground immediately in a strong Ocean County rental market. Approved Project & Unit Mix " Total Density: 24 Residential Units " Approved Unit Breakdown: o 12 Two-Bedroom Units (Premium units for small families, downsizers, or roommates) o 9 One-Bedroom Units (High-demand layout for young professionals and couples) o 3 Studio Units (Efficient, entry-level layouts maximizing per-square-foot revenue) " Resident Storage Area: Approved on-site storage infrastructure to generate additional monthly ancillary income. " Recreation Area: Approved community amenity space to satisfy local planning standards and elevate property lifestyle appeal. Strategic Location & Infrastructure Advantages " Utilities at Street: All necessary public utilities are ready at the curb for immediate connection. " HB & R-100 Zoning: Uniquely positioned across the Highway Business and Residential zones, bridging commercial convenience with neighborhood appeal. " Transit Access: Located minutes from the Garden State Parkway, offering seamless northbound and southbound travel for regional commuters. " Business District Proximity: Steps from the heart of the Bayville Business District along the Route 9 commercial corridor, giving residents immediate access to retail shopping, major grocery stores, and local dining. " Generous 4.452-Acre Footprint: Provides ample space for efficient construction staging, generous parking ratios, required stormwater management, and buffered landscaping. Investment Highlights " Zero Entitlement Risk: Rare opportunity to purchase pre-approved land of this scale in South Jersey. Save hundreds of thousands in carrying costs and engineering fees. " High-Performance Submarket: Capitalize on Ocean County's low vacancy rates and strong, upward rental pressure.

Location

Street address
Tallwood Way
Zip code
08721
Community
Berkeley TWP
Elevation
16 feet
Coordinates
39.887, -74.1562

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.

Property details

Acreage
4.45 acres
Zoning
Residential, Multi-Family, General Highway
MLS #
MOMLS 22620699
Posted

Parcels

  • 00-00000-0000-00001

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Lot

Features
Irregular Lot, Level, Multi-Lot Subdivision, Possible Subdivision, Wooded

Nearby schools

NameType
Central Reg MiddleMiddle

Listing history

DateEventPriceChangeSource
July 9, 2026New listing$1,650,000MOMLS
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This 4.45-acre property is located at Tallwood Way in Bayville, NJ 08721. The land is available for sale, priced at $1,650,000 — $370,787 per acre.

Listed by Keller Williams Preferred Properties,Bayville, (732) 269-5200

Checked 1 hour agoUpdated Source

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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.

Michael Mabie
Keller Williams Preferred Properties,Bayville
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