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Second-Floor Office Space with B-1 Zoning
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 Market351

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 Electric, Central Air
Water source Public

Amenities

bathrooms
kitchen

Building Details

Year built 1952
Floors in Building 2
Building materials Stucco
Roof type Asphalt
Listing Agency: Resources Real Estate
Listed By: Sahar I Karykous · License #1866222
Added: Sep 5, 2025 Changed: Aug 19 Last Checked: Aug 21 at 5:06AM
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.

Second-floor commercial space is available at 507 Broad Street, presented for professional offices and other compatible uses under B-1 zoning. The layout includes abundant natural light, two new bathrooms, and a kitchen, with central air and electric cooling. The building materials are stucco, and the property was built in 1952.

The space is positioned on high-traffic Route 35 near The Grove and just minutes from Red Bank, with convenient access to NJ Transit and major routes. It is also described as approximately 2–3 miles (about a 5-minute drive) from the upcoming Netflix mega studio at Fort Monmouth.

Parking is offered via on-street, off-street, and assigned options, supporting daily customer and employee access for office or medical-style operations where allowed by the zoning designation.

Key Highlights

  • Second‑floor commercial space with abundant natural light
  • B‑1 zoning with two new bathrooms and a kitchen
  • Central air and electric cooling

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,171
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Second-floor office space with flexible B-1 zoning, central air, and two new bathrooms in a stucco building.
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: Second‑floor commercial space with abundant natural light; B‑1 zoning with two new bathrooms and a kitchen; Central air and electric cooling
More about this property
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