This offering presents a rare distressed conversion opportunity in Monmouth County’s Keyport waterfront district. Spanning over four acres with direct access to Raritan Bay, the property includes existing docks and a marina, creating a unique platform for redevelopment. Plans on file outline a potential seven-story apartment building, though alternate configurations such as townhomes may be considered. Pending zoning changes and approved density provide a foundation for repositioning, while recent elevation adjustments in the area underscore the need for experienced developers who can navigate complex entitlement processes. The site’s waterfront location offers inherent value, with proximity to regional transportation corridors and established residential and commercial nodes. This is a time-sensitive, distress-driven situation requiring significant renovation and capital planning. Ideal for developers, builders, and GC-led partnerships, the property supports a large mixed-use redevelopment angle. Architectural resources, including plans and drawings, are available to qualified parties, and buyer representation is offered for vetted investors.