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Property profile & analytics
FOR LEASE
Office buildings

766 Shrewsbury Ave Tinton Falls, NJ 07724

43,876 SF 3.99 ac lot Built 1970
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US59-3022783
766 Shrewsbury Ave, Tinton Falls, NJ 07724 For Lease
$7,315,000
766 Shrewsbury Ave, Tinton Falls, NJ 07724
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Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 43,876 SF
Lot 3.99 ac (173,804 SF)
Zoning code HCC
APN 49 00021-0000-00009- 01
UPID US59-3022783
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
Current use
Occupant on record · Public records
  • Deal Credit Corp Loan Service
  • American Oil & Supply Co Factory Production Facility
  • JAG Physical Therapy Medical Clinic
  • Two River Community Bank Corporate Office
  • The Axel Group Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.17M
Blend (final) Blend
$7.32M
Owner & transaction history
Jc Shrewsbury LLC · 7 yrs held
Jc Shrewsbury LLC
since 2019
7 recorded transactions
2025
Price N/A
2021
Price N/A
2021
Price N/A
2019
$9.9M
2018
Price N/A
1998
$3.9M
1997
$10
Zoning & alternative use
HCC · Tinton Falls, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Signs in Nonresidential Districts Except the HCC Highway/Community Commercial District. a. Any sign authorized for permitted uses in the Residential Districts as specified above is permitted in a commercial district. b. Signs for Business Office or Professional Office Uses: (1) Wall signs up to 10 square feet per separate office tenant on the premises shall…

Zone name Highway Community Commercial
General category COMMERCIAL
Zone area 310.14 ac
Source Tinton Falls, NJ - Zoning
Top alternative use upside
Apartment house (5+ units) $11.6M +7.2%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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