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Property profile & analytics
FOR LEASE
Commercial real estate

630 Broad St Shrewsbury, NJ 07702

3,788 SF 0.61 ac lot Built 1903
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-0423029
Property summary
AI-generated overview

This exceptional executive office space, located at 630 Broad Street in Monmouth County, presents a unique opportunity for businesses seeking a prestigious address. The renovated, two-story building, constructed in 1860, offers a total of 961 square feet of available space, divisible into units ranging from a minimum of 176 square feet to a maximum contiguous space of 479 square feet. Currently, all 961 square feet are vacant, providing flexibility for single or multiple tenants. The building boasts a total of five available suites, perfect for small businesses or entrepreneurs. Two shared conference rooms are included, providing a collaborative and professional atmosphere. The property enjoys an enviable location directly across from the Grove, ensuring high visibility and excellent exposure. Ample parking is available with 25 spaces. This is an ideal setting for businesses seeking a blend of historic charm and modern convenience, offering a truly entrepreneurial dream location. The property is situated near Shadowbrook Road in Monmouth County and comprises one building with a single suite.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1903
Construction FRAME
Total area 3,788 SF
Lot 0.61 ac (26,492 SF)
APN 44 00024-0000-00013
UPID US59-0423029
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
AI Approach AI
$1.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.68M
Owner & transaction history
Dep Management LLC · 4 yrs held
Dep Management LLC
since 2022
Last sale
$1.6M
6 recorded transactions
2022
$1.6M
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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