[9] Following his death, the property passed through a number of family members before being used by the Boy Scouts who started to restore the buildings for use as a summer camp.

Throughout the course of his ownership, James Peter Allaire created a thriving community centered around the bog iron industry, with his company known as Howell Works, which was just one of his business concerns.

When building up the community, he constructed the largest furnace in the US at the time for the iron ore.[6] The Historic Allaire Village that remains today reflects the ideals of James P, Allaire and of the industrial era that flourished between the end of the War of 1812 and the years just before the American Civil War.

The rise and fall of Allaire's business enterprises encompasses the period from 1822 to 1855, commonly referred to as the Jacksonian Era, during which began industrialization and mechanization on a large scale, and the rise of urban and rural industrial communities, reform movements such as temperance, anti-slavery, free churches and free schools.

During the War of 1812, an embargo on British products and goods caused businessmen like Allaire much difficulty in procuring the resources needed for America's fledgling industrial base.

For Allaire, the embargo created a scarcity of iron stock necessary for his manufacturing operations and led him to look at acquiring a satisfactory means of assuring a steady, inexpensive supply of raw materials.

As the water passes through these areas of loamy soil, also called marl, it deposits a solution of iron carbonate which rises up to the surface.

[14] Newspaper accounts report that a few of the houses were occupied[14] and one cottage briefly restored as the "Delisle Inn";[15] but most buildings sat largely unused.

[17] in 1929, 800 acres[18] of the area that had become known as the "Deserted Village" was rented to the Monmouth County Boy Scouts for summer camping.

For example, the Asbury Park Kiwanis club helped with the general store restoration; the Foreman's cottage was restored by St. James Church in Red Bank (it served as the first aid hut during camping and programs); the Belmar Kiwanis club set up an athletic field.

[21] A plaque can be found on the side of the General Store giving a salute to the BSA program during this time frame.

The Allaire Village was Dedicated as a State Park in June 1957[25] and officially reopened by Governor Robert B. Meyner on May 24, 1958.