59 Ave At The Cmn Shrewsbury, NJ 07702
This exceptional 3,500 square foot commercial office space is perfectly situated in Shrewsbury, New Jersey, offering unparalleled access to Route 35 via a direct signalized entrance. The property comprises two adjacent, first-floor units totaling 3,500 square feet, providing ample space for a variety of business needs. The interior features nine private offices, a large reception area ideal for client interaction, a dedicated conference room for meetings and presentations, 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 abundant natural light throughout the space creates a bright and welcoming atmosphere. This well-maintained building is part of a larger complex. The property's strategic location is a significant advantage, being less than half a 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 prime location offers excellent visibility and proximity to a growing and dynamic area, making this an exceptional investment opportunity. The property sits on a 0.08-acre lot. The asking price is $834,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.