The Vault at Tinton Falls is a luxury townhome community being designed, created, and built to accomodate the growing need for suitable residences with convenient proximity to the corporate headquarters of Commvault.   The proposed 67 unit townhouse community will feature 1,500 square foot spaces with three bedroom, two and a half bathroom and boasting premium finishes.  Below are materials to help you visualize the transformation that will occur in changing this small horse farm into a prominent townhouse community.


Overhead drone video of 10.42 acres of property located on Tinton Avenue in Tinton Falls, directly across the street from Commvault Headquarters.


Overhead still pictures of 10.42 acres of property located on Tinton Avenue in Tinton Falls, directly across the street from Commvault Headquarters.


Now that you can see the raw land that will be transformed into The Vault at Tinton Falls, below are the rough estimated costs and return on investment to complete the project:


Purchase Costs
Land Cost
$685,000
Development & Building Costs
Project Approval Cost
$100,000
Site Improvement Cost
$500,000
Construction Building Cost
$15,075,000
Marketing Costs
Branding, Marketing, Sales
$1,256,250
Total Costs
$17,616,250


Total Revenue
67 Units @ $400,000
$26,800,000


Return on Investment
Expected Profit
$9,183,750 or 34%


If this project grabs your attention and you're interested in scheduling a tour of the property and formulating an offer, please contact the Red Bank Real Estate Group at (732) 842-3500

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