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Property profile & analytics
OFF-MARKET Estimated value $8,090,000
Commercial real estate

980 Shrewsbury Ave Tinton Falls, NJ 07724-3071

98,530 SF 6.43 ac lot Built 1953
Entity Owned 28-yr Hold Absentee Owner Free & Clear
Property ID
US59-1340468
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1953
Construction BRICK
Total area 98,530 SF
Lot 6.43 ac (280,091 SF)
Zoning code HCC
APN 49 00025-0000-00005- 01
UPID US59-1340468
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
  • Jersey Strong Gym Gym & Fitness Center
  • GEM&I Hair Studio Hair Salon
  • Julie's scissors Hair Salon Hair Salon
  • Shear Bombshells Barber Shop
  • Nail Attraction Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.09M
Owner & transaction history
New Plan & Tinton Falls INC · 28 yrs held
New Plan & Tinton Falls INC
since 1998
1 recorded transaction
1998
$8.1M
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
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