Financial
Distress signals
Property profile

515 Shrewsbury Ave Shrewsbury, NJ 07702

OFF-MARKET
Commercial real estate
Property ID
US59-0938862
12,269 SF 3.6 ac lot Built 1894
Last sale Oct 2021 · $38,967,315
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$308k
Tax billed · 2022
Assessed value · 2023$15.80M
Assessed land$3.01M
Assessed improvement$12.79M
Effective rate1.95%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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 comparables9

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-3
The purpose of the B-3 Business Service Zone is to permit the development or redevelopment of lands within the district in a manner consi...
General categoryMIXED_USE
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.2
Locksmith9.1
Convenience Store9.0

Location

515 Shrewsbury Ave Shrewsbury, NJ 07702-4061
County assessor Recorded deeds · 5 transfers 9 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
721 Broad, Red Bank, NJ 07702-4201 $1,600,000 Feb 2026 6,700 SF
131 Newman Spgs E, Shrewsbury, NJ 07702-4011 $4,000,000 Apr 2024 6,800 SF
507 Broad, Shrewsbury, NJ 07702-4186 $1,100,000 Apr 2023 6,962 SF
799 Shrewsbury, Shrewsbury, NJ 07702-4306 $1,100,000 Jul 2021 7,420 SF
35 Haddon, Shrewsbury, NJ 07702-4007 $775,000 Mar 2021 9,600 SF
494 Sycamore, Shrewsbury, NJ 07702-4217 $3,175,000 Sep 2019 20,288 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
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