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    806-812 Broad St Shrewsbury, NJ 07702

    For Sale
    $1,790,000

    Land in vibrant commercial district near major thoroughfares.

    Lot size:
    1.00 Acre

    Property Features for 806-812 Broad St

    General Information

    Lot size
    1.00 Acre

    Source: Keller Williams Realty Central Monmouth

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land in Shrewsbury

    Located in the commercial district of Shrewsbury, Monmouth County, this property offers access to Route 18 and the Garden State Parkway, and is near downtown Red Bank. It is situated near the Fort Monmouth community, including the 300-acre development of Netflix production Studio and other Anchor Tenants - Bloomies, J Crew, LuLu Lemon, Chase Bank, Fidelity Investments, Saks Off Fifth & TJ Max. This location presents a blend of residential charm and commercial potential. This community is an ideal place to invest or grow a business.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Shrewsbury
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0595
    Latitude
    40.3253

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    FAQs

    What type of property is this?
    Commercial land - Land in vibrant commercial district near major thoroughfares.
    Where is this commercial land located?
    The property is located at 806-812 Broad St Shrewsbury, NJ.
    What is the asking price?
    The asking price for this property is $1,790,000.
    What are key features of this property?
    This property features: - Prime location in Shrewsbury's vibrant commercial district; - Unparalleled access to Rte 18 and the Garden State Parkway; - Minutes from downtown Red Bank
    Request Owner's contact information
    806-812 Broad St Shrewsbury, NJ 07702
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    Shrewsbury, NJ 07702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    806-812 Broad St Shrewsbury, NJ 07702
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