Property profile

515 Shrewsbury Ave Shrewsbury, NJ 07702

OFF-MARKET
Commercial real estate
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Property ID
US59-0938862
12,269 SF 3.6 ac Built 1894
Last sale Oct 2021·$38,967,315
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Nov 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 comparables10

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 · 6 transfers 10 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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Includes: Price & PSF · Cap rate · Location · Zoning

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