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Property profile & analytics

555 Shrewsbury Ave Shrewsbury, NJ 07702-4178

  • Commercial real estate
  • 26,838 SF
  • 9.72 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US59-1758501
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.

Current Use by Public Records

  • Aerus / Air Conditioning Contractor / Carpet Cleaning Service
  • JJ Sky Nails / Nail Salon
  • Bayroot / Lebanese Restaurant / Restaurant
  • Emperor Wok / Restaurant / Chinese Restaurant
  • Kaiser Therapy Offices / Physical Therapy Clinic

Property Details for 555 Shrewsbury Ave

Year built
1992
Lot size
9.72 lot acres
Property size
26,838 SF
Property type
Commercial real estate
APN
44 00003-0000-00004
APU
4400003000000004

Description

This exceptional 2,800-square-foot retail space is ideally situated in Shrewsbury, NJ, at 555 Shrewsbury Avenue within the Village Shops. Currently configured as a meat shop, this single-tenant space offers immense potential for various retail or restaurant uses. Built in 1992 and renovated in 2021, the property boasts a Class B rating and features a beautifully decorated open-concept layout. High-end equipment is included, along with a convenient office and bathroom. The space is further enhanced by two entrances, one at the front and another at the rear, providing excellent accessibility. A substantial walk-in freezer and kitchen with a hood are key features. The asking price is $24 NNN. High-value equipment (valued at $200,000, negotiable) is available for purchase separately. The property is located in the Shrewsbury Boro submarket, with the address being 555 Shrewsbury Ave, Shrewsbury, NJ 07702. The space is situated on one story and does not include elevators. The property's Assessor's Parcel Number (APN) is 44-00003-0000-00004.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Shrewsbury
County
Monmouth
State
New Jersey
Longitude
-74.0724
Latitude
40.3327
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
$166,387
$3,358,300
$5,170,000
$8,528,300
-
$3,358,300
$5,170,000
$8,528,300
More about this property
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