Wall Stadium Speedway, a racetrack in Wall Township, Monmouth County, which opened in 1950, will close after the 2020 racing season as part of a plan turn the 49-acre property into 348 new housing units, NJBIZ reported. Pulte Homes, an affiliate of Atlanta-based homebuilder PulteGroup, is seeking to redevelop the site with a mix of two- and three-bedroom townhouses. NJBIZ noted the new plan also calls for 70 two-bedroom apartments for low- and moderate-income residents to be administered under New Jersey’s Affordable Housing Program. Still, NJ.com reported the Pulte’s plan for a residential complex must be approved by Wall Township. CK Motorsports, the tenant that currently operates the speedway, opposes the plan and wishes to continue racing at the “roar at the shore,” which the Asbury Park Press noted is not just a nickname for the site. [NJBIZ]