703 Route 524Allentown, NJ 08501

Vacant Land · 1.62 Acres
$549,000 Active

703 Route 524 Overview

Time on Site:
296 days
Visits:
16

Build apartments above commercial -mix use on this high profile 1.62 acre lot fronting Rt. 524, situated in a finished commercial subdivision. Benefit from the traffic flowing into the very successful Tractor Supply store. All engineering & improvements are done. Roads, curbs , & street lights are in. The storm water management plan is done. 100% of lot is usable with no wetlands or buffers at 55% impervious coverage. NO LAND DUE DILIGENCE REQUIRED! APPROVED LOT. APPROVED SUBDIVISION, IMPROVED LOT. Just bring your plans for approval today! Upper Freehold allows residential rentals above commercial businesses - a very unique situation. Auto sales, gas/convenience, retail, drive thru restaurant, pharmacy all allowed. Call for other uses

Listing provided courtesy of Maxima Realtors- MLS# 22527077MLS Provider
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703 Route 524 Facts & Features

  • Type Vacant Land
  • Lot 1.62 Acres

Details

General

School Information

  • Elementary School: Upper Freehold
  • Middle Or Junior School: Stonebridge
  • High School: Allentown

Location/Region

  • County Or Parish: Monmouth
  • MLS Area Major: Cream Ridge
  • MLS Area Minor: Upper Freehold (UPF)
  • Subdivision Name: None

Tax Information

  • Tax Assessed Value: $0.00

General Information

  • Parcel Number: 51-00022-01-00001-03
  • Property Sub Type: Commercial
  • Property Type: Land/Lots

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Level, Cleared
  • Lot Size Acres: 1.62
  • Lot Size Area: 1.62
  • Lot Size Square Feet: 70567.2
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

703 Route 524 Neighborhood

Community

08501 (Allentown) Demographics

49
Median Age
227
Population Density (per sq. mile)
64%
College Educated
$115,521
Estimated Median Income
2,215
Estimated Total Home Owners
190
Estimated Total Renters
92% / 8%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

703 Route 524 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

703 Route 524 Market Data

Based on the last 30 days in this zip code

$786,036
Average List Price
$315
Average Price per Square Foot
4
Properties Sold
63
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

703 Route 524 History

Date Event Value Agent
9/6/2025Source: Monmouth Ocean Regional MLS Added to Database
September 06, 2025