Second-Floor Office
For Lease
$22 SF/Yr
507 Broad Street, Shrewsbury, NJ 07702
Commercial Lease, Shrewsbury Boro, NJ
Space Size2,500 SF
Lot Size0.40 Acres
Days on Market397
Property Features for 507 Broad Street
General Information
Property type
Commercial Lease
Property subtype
Other
Rooms
Basement
Parking
8
Parking features
Off Street, On Street, Assigned
Basement
Full
Directions
Route 35 North use your navigator
Standard status
Active
APN
44-00037-0000-00002
Size
6,962 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
35858
Utilities
Sewer type
Public Sewer
Cooling system
Central Air, Electric
Water source
Public
Amenities
bathrooms
kitchen
central air
Building Details
Year built
1952
Floors in Building
2
Building materials
Stucco
Roof type
Asphalt
Listing Agency:
Resources Real Estate
(732) 212-0440
Listed By:
Sahar I Karykous · License #1866222
(732) 620-6120
Added: Sep 5, 2025
Changed: Oct 6
Last Checked: Oct 6 at 8:06AM
MLS# 22527021
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This second-floor office suite offers approximately 2,500 square feet with a flexible layout, abundant natural light, a kitchen, and two newer bathrooms. Central air serves the space, which is in a building constructed in 1952. B-1 zoning supports a range of professional and commercial uses.
The property is on Route 35 in Shrewsbury, beside The Grove and a short distance from Red Bank. Parking options include assigned, off-street, and on-street spaces. Public water and sewer serve the property.
The property is on Route 35 in Shrewsbury, beside The Grove and a short distance from Red Bank. Parking options include assigned, off-street, and on-street spaces. Public water and sewer serve the property.
Key Highlights
- Approximately 2,500 SF of second‑floor office space
- B‑1 zoning
- Two newer bathrooms and a kitchen
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 07702, NJ
4,184
Population
1,526
Households
2.7
Avg Household Size
47
Median Age
65%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
1,902
Density / Sq Mi
$144,500
Median Household Income
$80,694
Median Earnings
$3,300
Median Rent
$735,900
Median Home Value
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Market
Lease Benchmarks for Shrewsbury, NJ
$12.65 /SF/Yr
Avg Asking Price
$4.59–$22 /SF/Yr
Price Range
4,375 SF
Avg Space Size
This space is priced 74% above the average of $12.65 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible commercial space includes a kitchen, two updated bathrooms, central air, and B-1 zoning.
Where is this office units located?
The property is located at 507 Broad Street Shrewsbury, NJ.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Approximately 2,500 SF of second‑floor office space; B‑1 zoning; Two newer bathrooms and a kitchen
