LAKEWOOD – Lakewood might see the addition of a 166-townhouse complex to the township. Not only this, but the complex is to be built on the sight of the long-standing Route 70 Auction & Flea Market.
Officials from the New Jersey Department of Environmental Protection (NJDEP) recently announced that a permit will be issued for construction along Route 70 in Lakewood; the future site of a total 332 housing units, a nearly 12,000-square-foot retail building and a 10,000-square-foot community building.
The construction on the former flea market site will be the official end to a holdup on building on the property which stemmed from concerns about the township’s water supply.
While many long-time customers of the Route 70 Auction & Flea Market may mourn the loss of the Lakewood institution, fear not. Earlier reports noted that the owners plan to stick around for at least the rest of this year.
The land the flea market resides on was sold back in November of 2017 to MBN Flea Market LLC and the aptly named Flea Market Developers LLC, according to public record.
Although the township planning board granted approval to developers for construction of the residential complex, the approval was extended in 2018 when the NJDEP denied developers a CAFRA (Coastal Area Facility Review Act) permit due to a water supply issue.
Accurate Builders and Developers, who will be constructing the 166-townhouse complex, have since received all necessary permitting and approvals. Ground breaking is expected for next year.