Business Development

Business Development Committee Mission:

“Research and provide input to the Colts Neck Township Committee relative to Business and the designated Business District, to allow for the best development options for the community, current establishments and future businesses that may choose to locate in Colts Neck.”

Business District Information

The Colts Neck Business District encourages and supports a diverse mix of retail stores and service companies. Colts Neck is an oasis of spacious farms and large size residential lots, with an emerging business area surrounded by the more populated towns of Howell, Tinton Falls, Holmdel, Freehold, and Marlboro. The business district is centralized along the corridor of route 34 located between Flock Road and State Route 18 and along County Route 537 east and west of route 34.

Colts Neck Township has a land area of 31.70 square miles (82.1 km2) and is centrally located in the county. While the township holds on to its historically agrarian character, increasingly farmland is being diverted to exclusive, large lot residential development. A portion of Colts Neck’s area belongs to the federal government as part of Naval Weapons Station Earle. County Route 537, in the southern part of the township, is one of the most scenic drives in the county, passing by large farmsteads, lush pasture land, orchards, and grazing horses. (Monmouth County Planning Board 2007)

The community is developing with its historical roots in mind and continues to have a strong family atmosphere. The median family income (2013 survey) is $167,000.00. Colts Neck has three grade schools for children from K to 8th grade as well as the regional Colts Neck High School.

Traffic is steady through the business district due to the ease of access from three major roads Rte 18, Rte 34, and Rte 537. Many patrons from surrounding areas travel these routes daily. Colts Neck also has convenient public transportation running through the business district between Freehold and Red Bank.

Colts Neck has an evolving business district with existing stores and shopping plazas currently and more under development with retail and professional space available. Now is an excellent time to expand or locate your business in Colts Neck. For more info regarding the business district, available locations, business opportunities, and process, please contact any Economic Development Committee member.

Committee Chair: Glen J. Dalakian

Vice-Chair: James Schatzle

Committee Members:

Anna Apolonia, Connie DeMaio, Daniel Cardellichio & Luci Del Monte