Financial
Distress signals
Property profile

59 Newman Spgs E Rd Shrewsbury, NJ 07702

OFF-MARKET
Commercial real estate
Property ID
US59-1502121
3,652 SF 0.57 ac lot Built 1950
Last sale Aug 2024 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$20k
Tax billed · 2022
Assessed value · 2023$1.01M
Assessed land$459k
Assessed improvement$551k
Effective rate1.95%

Value estimate

· Sep 2026
$530k
$477k – $583k
AI approach$390k
Submarket $/SF estimate$438k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$361/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$173 – $475
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
The purpose of this zone is to promote business uses
General categoryCOMMERCIAL
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel11.9
Wholesale Shop11.7
Storage Facility11.3

Location

59 Newman Spgs E Rd Shrewsbury, NJ 07702-4038
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
49 Haddon, Shrewsbury, NJ 07702-4031 $950,000 Mar 2024 2,250 SF
812 Broad, Shrewsbury, NJ 07702-4214 $900,000 Jun 2023 2,148 SF
630 Broad, Shrewsbury, NJ 07702-4118 $1,600,000 Jul 2022 3,788 SF
41 Riordan, Shrewsbury, NJ 07702-4305 $750,000 May 2022 3,878 SF
465 Broad, Shrewsbury, NJ 07702-4001 $2,600,000 Jun 2020 5,880 SF
661 Broad, Shrewsbury, NJ 07702-4180 $1,520,000 May 2020 5,607 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 59 Newman Spgs E Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message