703 Route 524 Allentown, NJ 08501
Estimated payment $3,238/month
About This Lot
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
Property Details
Property Type
- Land
Lot Details
- 1.62 Acre Lot
- Level Lot
- Cleared Lot
Outdoor Features
- Electricity Available at Street
Schools
- Upper Freehold Elementary School
- Stonebridge Middle School
- Allentown High School
Utilities
- Gas Available at Street
- Well
- Septic Needed
Listing and Financial Details
- Assessor Parcel Number 51-00022-01-00001-03
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,200 | $252,900 | $252,900 | -- |
| 2024 | $33 | $194,800 | $194,800 | $0 |
| 2023 | $33 | $1,500 | $1,500 | $0 |
| 2022 | $34 | $1,400 | $1,400 | $0 |
| 2021 | $34 | $1,400 | $1,400 | $0 |
| 2020 | $34 | $1,400 | $1,400 | $0 |
| 2019 | $34 | $1,400 | $1,400 | $0 |
| 2018 | $34 | $1,400 | $1,400 | $0 |
| 2017 | $34 | $1,400 | $1,400 | $0 |
| 2016 | $33 | $1,400 | $1,400 | $0 |
| 2015 | $33 | $1,400 | $1,400 | $0 |
| 2014 | $33 | $1,400 | $1,400 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | For Sale | $549,000 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22527077
APN: 51-00022-01-00001-03-QFARM
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