Financial
Distress signals
Property profile

193 Newman Spgs E Rd Shrewsbury, NJ 07702

OFF-MARKET
Commercial real estate
Property ID
US59-2093814
15,461 SF 0.93 ac lot Built 1931
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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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 · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value · 2024$1.74M
Assessed land$1.07M
Assessed improvement$665k
Effective rate1.62%

Value estimate

· Sep 2026
$1.79M
$1.61M – $1.97M

Realmo valuation models over county records and 17 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 comparables17

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: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.1
Bike Shop7.9
Tanning Salon7.8

Location

193 Newman Spgs E Rd Shrewsbury, NJ 07702-4032
County assessor Recorded deeds · not on file 17 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
515 Shrewsbury, Shrewsbury, NJ 07702-4061 $38,967,315 Oct 2021 12,269 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
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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