TFE Properties Acquires 10-acre Ocean Township Retail Center

On Aug 25, 2025

TFE Properties, LLC, has acquired Orchard Plaza, a 10-acre retail center on Route 35 South in Oakhurst.

The retail center was a booming destination for shoppers when it first opened in 1980, but vacancies have increased over time, and the property is now ready for a new, updated vision to better serve the surrounding community.

“Monmouth County is an ever-growing destination for residents, vacationers, commuters, and businesses,” Carey Tajfel, resident of TFE Properties explains. “And with the new Netflix production facility coming to the former Fort Monmouth campus, Route 35 is going to see an increase in traffic. We want to make sure the area is up to its peak potential.”

Tajfel went on to explain that while plans for Orchard Plaza have not yet been finalized, many possibilities are under consideration. “The plaza is situated in an excellent location along a busy thoroughfare surrounded by other thriving retail centers in Ocean Township. We’re confident that with some modernization tailored to the community’s needs, the future site will thrive.”

TFE Properties is a real estate and land development company based in East Windsor. It develops strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where it sees opportunities to create value. Primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development.

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