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Property profile & analytics
OFF-MARKET
Commercial real estate

160 Shrewsbury Ave Red Bank, NJ 07701

Entity Owned 7-yr Hold
Property ID
US59-0732665
Property summary
AI-generated overview

This exceptional retail space, located at 160 Shrewsbury Avenue in Red Bank, New Jersey, presents a unique opportunity for businesses seeking a vibrant and accessible location. The property is part of a newly developed commercial building, offering a modern and attractive space for tenants. This single-tenant unit encompasses 1,840 square feet of ground-floor space, ideal for a variety of retail uses. Situated in Monmouth County, the property benefits from excellent visibility and convenient access to major roadways, ensuring high foot traffic and easy customer accessibility. The space is designed with modern businesses in mind, offering flexibility and adaptability to suit diverse operational needs. The address, 160 Shrewsbury Avenue, Red Bank, NJ 07701, places the property within a thriving commercial district, surrounded by complementary businesses and a strong customer base. This newly constructed building offers a fresh, contemporary aesthetic, creating an inviting atmosphere for both businesses and customers. The property's location in Red Bank, a bustling town in New Jersey, provides access to a diverse and affluent population, making it an ideal location for a successful retail venture. The single-tenant occupancy ensures exclusive use of the space, providing complete control and customization options. This is a rare opportunity to establish a business in a prime location within a newly developed, high-quality commercial building.

Property profile
Verified
Property type Commercial real estate
UPID US59-0732665
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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by Request
Owner & transaction history
160 Shrewsbury Realty LLC · 7 yrs held
160 Shrewsbury Realty LLC
since 2019
5 recorded transactions
2025
Price N/A
2022
Price N/A
2019
Price N/A
2019
Price N/A
2017
$196,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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