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59 Ave At The Cmn Shrewsbury, NJ 07702

  • Commercial real estate
  • 3,500 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 59 Ave At The Cmn

Year built
1984
Property size
3,500 SF
Property type
Commercial real estate

Description

This exceptional 3,500 square foot commercial office space is ideally situated in Shrewsbury, New Jersey, offering unparalleled access to Route 35 via a signalized intersection. The property boasts two large, contiguous first-floor units, perfect for a variety of business needs. Nine private offices provide ample space for individual work or team collaboration, complemented by a spacious reception area, a dedicated conference room, and a convenient kitchen. Rear entry access is available, adding to the property's functionality. A dry basement offers secure locked storage, providing additional space for archiving or inventory. The building is well-maintained and benefits from abundant natural light throughout. This prime location offers significant advantages, being less than a half-mile from the main gate of the Fort Monmouth Redevelopment Project. This project includes the highly anticipated Netflix production facility, poised to become one of the world's largest film studios, along with substantial mixed-use residential and entertainment developments currently under construction. This presents a unique investment opportunity in a rapidly growing area with high potential for future appreciation. The asking price is $834,900. This is a rare opportunity to acquire a well-appointed office space in a highly desirable and rapidly developing location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Shrewsbury
County
Out of Area
State
New Jersey
Longitude
-74.059
Latitude
40.3165
More about this property
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