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    1026 Broad St Shrewsbury, NJ 07702-4378
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    Property profile & analytics

    1026 Broad St, Shrewsbury, NJ 07702-4378

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    • Commercial real estate
    • 173,156 SF
    • 24.54 lot acres
    Off-Market
    Last Sale Apr 15, 2024
    Property ID
    US59-1788392
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $28,130,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 1026 Broad St

    Lot size
    24.54 lot acres
    Zone code
    3713
    Property type
    Commercial real estate
    APN
    44 00031-0000-00001
    APU
    4400031000000001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 15, 2024 — Elena M Brown Inter Vivos Trust Elena Mary Marzulla Brown Intrafamily Transfer · related —
    Oct 18, 2016 — Sp 35 LP Acme Markets INC Grant Deed · related $30M · Miscellaneous Ins Co
    May 4, 2010 — Allen Pamela A Family Trust Allen,pamela A Quit Claim Deed · related —
    — — Sbc Holdings — Deed Of Trust · related $6M · Prudential Mortgage Capital Co

    Description

    Shrewsbury Plaza, located at 1026 Broad St, Shrewsbury, NJ 07702, offers exceptional retail space for lease in Monmouth County. This established shopping center boasts a total of 309,283 square feet and provides ample parking with 1,454 spaces. Currently, there are three spaces available, ranging from a minimum of 2,500 square feet to a maximum contiguous space of 9,600 square feet. A total of 21,155 square feet is currently vacant, presenting a significant opportunity for businesses seeking immediate occupancy. The property is classified as a multi-tenant shopping center, indicating a vibrant and established retail environment. Its strategic location in Shrewsbury, New Jersey, offers excellent visibility and accessibility for customers. The property's size and parking capacity make it suitable for a variety of retail uses, from smaller boutiques to larger format stores. Interested parties are encouraged to inquire about the available spaces and lease terms to explore this prime retail opportunity in a thriving Monmouth County location. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees. This is an ideal location for businesses seeking high visibility and a strong customer base.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $38,960,000
      6.5%
      $35,965,000
      7%
      $33,395,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0651
    Latitude
    40.3151
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $751,467
    $15,454,000
    $23,063,000
    $38,517,000
    -
    $15,454,000
    $23,063,000
    $38,517,000
    More about this property
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