
Luxury Apartment Building at Holmdel
979 Palmer Avenue, Holmdel, NJ 07733 · Monmouth County
A country-club standard of living in Holmdel
Rising on 6.73 landscaped acres at 979 Palmer Avenue, the Property is a 60-residence luxury apartment building bringing a country-club standard of living to highly desirable Holmdel. The four-story, single-building community pairs one- and two-bedroom residences with resort-grade amenities — from a golf-simulator lounge and private wine room to a fitness center, co-working suites and a resident market.
Holmdel offers proximity to NYC, Red Bank and the shore points, with beaches, walkable downtowns and the Hazlet train station all a short trip away. The 565-acre Holmdel Park, the PNC Bank Arts Center, and the reimagined Bell Works “Metroburb” are all within a ten-minute drive — placing the everyday extraordinary at residents’ doorstep.
With twelve affordable residences and a top-tier school district, the Property is positioned to capture sustained rental demand in one of Monmouth County’s most affluent submarkets.
Holmdel Township School District — among New Jersey's highest-rated.
Hazlet rail and the Belford high-speed ferry put Manhattan within easy reach.
Minutes to Bell Works, Red Bank and the county's walkable downtowns.
Sandy Hook and the Jersey Shore's ocean beaches are a short drive away.
Classic architecture, composed for Holmdel




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Property details
- Address
- 979 Palmer Avenue, Holmdel, NJ 07733
- County / Municipality
- Monmouth / Holmdel
- Land area
- 6.73 acres
- Anticipated completion
- 2027 — under construction
- Number of floors
- 4-story low-rise
- Number of residences
- 60 (12 affordable)
- Number of buildings
- 1
- Parking
- 57 garage spaces + on-site
- Rentable area
- 51,915 sq ft
- Elevators
- 1
- Heating & cooling
- P.T.A.C.
- Laundry
- In-unit
- Construction
- VA over 2A · masonry & siding
- Sprinklers
- NFPA 13
- Architect
- MWT Architects
- MLS#
- 22625261
60 residences · 51,915 sq ft
| Layout | Units | Avg SF | Pro forma |
|---|---|---|---|
| 1 Bedroom | 21 | 724 | $3,200 |
| 1 Bedroom | 2 | 840 | $3,460 |
| 1 Bedroom | 2 | 705 | $3,150 |
| 2 Bedroom | 15 | 1,023 | $4,260 |
| 2 Bedroom | 2 | 1,085 | $4,400 |
| 2 Bedroom | 6 | 1,098 | $4,360 |
| Affordable | 12 | 619–1,023 | $1,208 |
| Totals | 60 | 51,915 | 12 affordable |
- Gross potential rent
- $2,325,312
- Effective gross income
- $2,442,153
- Total operating expenses
- $728,000
- Net operating income (pro forma)
- $1,714,153
- Asking price
- $26,500,000
Disclaimer · All income and operating-expense figures shown are pro forma estimates for the completed building and have not been independently verified. Actual results will vary. Property taxes reflect an estimated post-construction assessment. Prospective purchasers should conduct their own due diligence.
Resort-grade amenities
Community amenities
- Resident Clubroom & Lounge
- Golf Simulator Lounge
- Private Wine Room
- Fitness Center & Yoga Studio
- Co-Working Suites
- Conference Center & Work Pods
- Resident Market & Coffee Bar
- Entertaining Kitchen & Social Lounge
- Chef's Bar & Pantry Bar
- Grand Lobby
- Dog Wash
- Bike Storage & Storage Lockers
- Garage Parking
- Package Room
- Landscaped Courtyard
In-residence features
- In-Unit Washer & Dryer
- Quartz Countertops
- Designer Wood Cabinetry
- Stainless Steel Appliances
- Wide-Plank Flooring
- Tiled Bathrooms
- Private Balconies
- Large Unit Sizes
- Keyless Smart Entry
Every space, in detail
22 renderings of the residences, amenity floors and grounds. Select any image to view it full size.
City access, shore calm
Central Holmdel keeps Manhattan, the airports and every shore town within easy reach — by car, rail, or the high-speed Belford ferry. The Property sits just off Route 35, minutes from the Garden State Parkway.
- Route 35
- 0.2 mi
- Route 36
- 1.5 mi
- Belford / Harbor Way Ferry
- 3.3 mi
- Hazlet Train Station
- 3.7 mi
- Garden State Pkwy (Exit 114)
- 8.4 mi
- PNC Bank Arts Center
- 10 min
- Nearest major beach
- 15 min
- New York City
- 40 mi
One of Monmouth County's most affluent submarkets
Holmdel is a quiet, affluent suburban community with an excellent school system, set between New York City and the Jersey Shore. More than 9,000 renter households sit within five miles, anchored by high-spending local employment at Bell Works, IFF and Hackensack Meridian Health Bayshore.
2025 estimates · U.S. Census / ACS.
A rare Monmouth County offering.
Exclusively presented by Neuhaus Realty Inc. — est. 1969. Request the full offering memorandum or arrange a private tour.

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Confidentiality & Disclaimer
This document has been prepared by Neuhaus Realty Inc. for the sole purpose of introducing the Property to qualified prospective purchasers and investors. It offers a general overview only and is not intended to provide every detail a recipient may need when evaluating the Property. While the material presented draws on sources we consider dependable, none of it has been independently audited, and we make no promise as to its accuracy, completeness, or suitability for any specific purpose.
Certain statements in these pages look ahead rather than back — projected rents, expenses, returns, and timelines all rest on assumptions about the economy, the leasing market, and conditions that may shift over time. Actual results may differ. Figures relating to acreage, square footage, unit counts, and similar measures should be read as close approximations rather than exact quantities.
Where leases, plans, or other agreements are referenced, they appear in condensed form and should not be relied upon as full or final descriptions. Qualified parties will be given the chance to review complete documentation and to inspect the Property directly. Each recipient is encouraged to verify every figure independently and to seek its own legal, tax, and financial counsel before acting.
Any decision made in reliance on this material is taken entirely at the recipient's own risk. The Owner may, at its discretion and without notice, decline any interest expressed or end discussions at any stage. No obligation binds the Owner or Neuhaus Realty Inc. unless and until a definitive written agreement has been signed and delivered by the Owner.
© 2026 Neuhaus Realty Inc. All rights reserved.
