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    59 Ave At The Cmn, Unit 101 Shrewsbury, NJ 07702

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    For Sale
    $819,900

    Professional office space near Fort Monmouth Redevelopment Project.

    Property size:
    3,500 SF

    Property Features for 59 Ave At The Cmn

    General Information

    Standard status
    Active
    Size
    3,500 SF

    Building Details

    Year built
    1984

    Source: O'BRIEN REALTY, LLC Agent KERRIN O'BRIEN

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

    Overview

    Prime Office Space Near Fort

    This is approximately 3,500 square feet of professional office space in Shrewsbury, with direct access to Route 35. The property is less than half a mile from the Main Gate of the Fort Monmouth Redevelopment Project. The offering includes two contiguous first-floor condo units featuring 9+ private offices, a spacious reception area, a dedicated conference room, and a kitchenette with rear access. A dry basement provides secure storage. The full wing of a professionally managed building benefits from abundant natural light, an elevator, new siding, and an upgraded front entry porch.
    Location Intelligence

    Current Use by Public Records

    Office space

    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?
    Office space - Professional office space near Fort Monmouth Redevelopment Project.
    Where is this office space located?
    The property is located at 59 Ave At The Cmn, Unit 101 Shrewsbury, NJ.
    What is the asking price?
    The asking price for this property is $819,900.
    What are key features of this property?
    This property features: - Priced Below Assessed Value; - Approximately 3,500 SF of **prime professional office space**; - Direct access to Route 35
    (732) 229-3532
    Request Owner's contact information
    59 Ave At The Cmn, Unit 101 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
    59 Ave At The Cmn, Unit 101 Shrewsbury, NJ 07702
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