40 Avenue of the Common Shrewsbury, NJ 07702
13,000 SF office/medical building on 2.3 acres for sale.
Type:Office
Property size:
13,000 SF- Added:
- Nov 21, 2025
- Days on Market:
- 132
- Last Refresh:
- Mar 30 at 8:56 pm
Property Features for 40 Avenue of the Common
General Information
- Standard status
- Active
- Size
- 13,000 SF
- Property subtype
- Office
Listing agent Michael Basile (908) 360-8054
Listing office (908) 360-8054
Listing date Nov 21, 2025
Source Kislakrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Michael Basile
Overview
Shrewsbury Office/Medical Building For Sale
This 13,000 SF office/medical building is situated on 2.3 acres. The building is located at Exit 109 (Newman Springs Road) off the Garden State Parkway, 3.5 miles from the Garden State Parkway and 2.5 miles from Red Bank NJ Transit Station. It is also within walking distance to multiple restaurants and other amenities. The building is currently vacant and features 6,500 SF per wing, each with private entrances. An owner-user could occupy one wing and lease the remaining space, or occupy the entire building. Ample parking is available at a ratio of 5 spaces per 1,000 SF. Utilities include central AC, gas heat, and city water and sewer. The property, identified as Block 73, Lot 2, is zoned LIR-88. The 2019 taxes were $30,675.65. This property also presents a potential redevelopment opportunity.
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Places Nearby
- Happy Tails Veterinary Hospital — 827 Broad St Ste 7, Shrewsbury, NJ 07702
Map
- City
- Shrewsbury
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.0595
- Latitude
- 40.3253
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 13,000 SF office/medical building on 2.3 acres for sale.
Where is this medical office space located?
The property is located at 40 Avenue of the Common Shrewsbury, NJ.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Prime Location: Situated at Exit 109 off the Garden State Parkway, offering excellent accessibility.; Owner‑User Opportunity: Vacant building with two wings, allowing for partial occupancy and leasing of the remaining space.; Ample Parking: Features a parking ratio of 5 spaces per 1,000 SF.
