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630 Broad Street, Shrewsbury, New Jersey 07702-4118

4440 PGA Blvd., Ste. 600, Palm Beach Gardens, Florida 33410-6542

732-747-1000 ●

[email protected]

● www.SSRealty.com

#4687 ~ Professional Office Building

595 Shrewsbury Avenue

Shrewsbury, NJ 07702

Commercial/Office

Block: 3

Lot: 7

Land Size:

3.9 Acres

Building Size: 44,846 Sq. Ft.

Tax Information

Land Assessment:

$ 1,809,200.

Improvement Assessment:

$ 2,490,800.

Total Assessment:

$ 4,300,000.

Taxes:

$ 92,235.

Tax Year:

2019

Tax Rate:

2.107/$100

Equalization Ratio:

97.89%

Updated:

09/15/2020

Zoning:

HC/PO ~ Highway Commercial/Professional Office Zone

Remarks:

44,846 Sq. Ft. Professional Office Building Available in High Visibility and

High Traffic Location on Shrewsbury Avenue. Full Basement for Storage.

Ten CAP Income. Short Distance to Downtown Red Bank. Easy Access to

Highway 35 and the Garden State Parkway.

Price: $ 5,950,000. ~ Sale

Please call R

ay S. Smith/Broker

of

Stafford Smith Realty

at

(732) 747-1000

for

further details.

As we are representing the owner(s) of this offering, we ask that you do not enter the property without us and that you do not discuss the

offering with tenants nor attempt to contact the owner(s). All information regarding property for sale, rental or financing is from sources deemed

reliable. No representation is made as to the accuracy thereof and is submitted subject to errors, omissions, changes of price, rental,

commission or other conditions, prior sale, lease, financing or withdrawal without notice.

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595 Shrewsbury Ave, Shrewsbury, NJ 07702-4158, Monmouth County

POPULATION

SUMMARY

Estimated Population 3,999

Population Growth (since 2010) 5%

Population Density (ppl / mile) 1,845

Median Age 46.69

HOUSEHOLD

Number of Households 1,327

Household Size (ppl) 3

Households w/ Children 584

AGE 0 100 200 300 400

0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 >85

GENDER Male 47.11% Female 52.89% MARITAL STATUS 2.24% 3.86% 8.11% 24.99% 60.79% Separated Divorced Widowed Single Married HOUSING SUMMARY

Median Home Sale Price $505,889

Median Year Built 1955

STABILITY

Annual Residential Turnover

Neighborhood Profile Courtesy of Raymond Smith, Monmouth Ocean Regional REALTORS Generated on: 09/01/20

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

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OCCUPANCY Vacant Rented 3.35% 5.90% Owner 90.75%

FAIR MARKET RENTS (COUNTY)

$0 $500 $1000 $1500 $2000

Studio 1 BD 2 BD 3 BD 4 BD

QUALITY OF LIFE

WORKERS BY INDUSTRY Agricultural, Forestry, Fishing Mining

Construction 199

Manufacturing 532

Transportation and Communicati

ons 12

Wholesale Trade 31

Retail Trade 874

Finance, Insurance and Real Est

ate 230

Services 289

Public Administration 213

Unclassified 20 WORKFORCE Blue Collar 32.00% White Collar 68.00%

Neighborhood Profile Courtesy of Raymond Smith, Monmouth Ocean Regional REALTORS Generated on: 09/01/20

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

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RADIUS: 1 MILE(S) HOUSEHOLD INCOME $0-$10K $10K-$15K $15K-$20K $20K-$25K $25K-$30K $30K-$35K $35K-$40K $40K-$45K $45K-$50K $50K-$60K $60K-$75K $75K-$100K $100K-$125K $125K-$150K $150K-$200K $200K-$250K $250K-$500K >$500K

0 50 100 150 200 250 300 350

Average Household Income $148,427 Average Per Capita Income $51,746

COMMUTE METHOD Home Public 4.48% 8.29% Self Drive 1.54% 85.69%

Median Travel Time

WEATHER

January High Temp (avg °F) 40.6

January Low Temp (avg °F) 22.8

July High Temp (avg °F) 82.6

July Low Temp (avg °F) 65.5

Annual Precipitation (inches) 48.63

EDUCATION

EDUCATIONAL CLIMATE INDEX (1)

5 4 3

2

1

HIGHEST LEVEL ATTAINED

Less than 9th grade 30

Some High School 44

High School Graduate 502

Some College 263

Associate Degree 187

Bachelor's Degree 1,105

Graduate Degree 573

(1) This measure of socioeconomic status helps identify ZIP codes with the best conditions for quality schools. It is based on the U.S. Census Bureau's Socioeconomic Status (SES) measure with weights adjusted to more strongly reflect the educational aspect of social status (education 2:1 to income & occupation). Factors in this measure are income, educational achievement and occupation of persons within the ZIP code. Since this measure is based on the population of an entire ZIP code, it may not reflect the nature of an individual school. (2) Powered by Onboard Informatics. Information is deemed reliable but not guaranteed. Copyright © 2014 Onboard Informatics. All rights reserved.

SCHOOLS

PUBLIC - ELEMENTARY

Neighborhood Profile Courtesy of Raymond Smith, Monmouth Ocean Regional REALTORS Generated on: 09/01/20

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

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RADIUS: 1 MILE(S)

Shrewsbury Borough School District

Distance Grades Students Students per Teacher SchoolDigger.com Ra

ting (1) Shrewsbury Elementa

ry School

0.49 Pre-K-8th 507 14 5

Shrewsbury Borough School District Community Rating (2)

Shrewsbury Elementary School

Tinton Falls School Di strict

Distance Grades Students Students per Teacher SchoolDigger.com Ra

ting (1) Swimming River Elem

entary School

0.61 3rd-5th 500 16 3

Tinton Falls School District Community Rating (2)

Swimming River Elementary School

PUBLIC - MIDDLE/HIGH

Shrewsbury Borough School District

Distance Grades Students Students per Teacher SchoolDigger.com Ra

ting (1) Shrewsbury Elementa

ry School

0.49 Pre-K-8th 507 14 5

Shrewsbury Borough School District Community Rating (2)

Shrewsbury Elementary School PRIVATE

Distance Grades Students Classrooms Community Rating (2)

Goddard School - Tint on Falls

0.2 Pre-K-K 12

Leapfrog Learning Ce nter

0.29 Pre-K-K 100

Vincent S Mastro Mo ntessori Academy

0.72 Pre-K-6th 92

Oakwood School 0.77 6th-12th 40

(1) SchoolDigger Ratings provide an overview of a school's test performance. The ratings are based strictly on test score performance for that state's standardized tests. Based on a scale of 1-5. (© 2006-2016 SchoolDigger.com)

(2) The community rating is the overall rating that is submitted by either a Parent/Guardian, Teacher, Staff, Administrator, Student or Former Student. There will be only one rating per school. Based on a scale of 1-5.

(3) Powered by Onboard Informatics. Information is deemed reliable but not guaranteed. Copyright © 2014 Onboard Informatics. All rights reserved.

LOCAL BUSINESSES

EATING - DRINKING

Address Phone # Distance Description

Mc Donald's 588 Shrewsbury Ave (732) 530-0868 0.09 Restaurants - Burgers

Lukoil 590 Shrewsbury Ave (732) 758-9044 0.09 Convenience Stores

Dunkin' Donuts 596 Shrewsbury Ave (732) 219-1725 0.11 Doughnuts

Rite Aid 596 Shrewsbury Ave (732) 741-7904 0.11 Health Food

Rite Aid Gnc Live Well Store 596 Shrewsbury Ave (732) 741-7904 0.11 Vitamins

Wendy's 600 Shrewsbury Ave (732) 747-8073 0.13 Restaurants - Burgers

Pour House 640 Shrewsbury Ave (732) 842-4337 0.16 Restaurants - Bistro

Cj Mcloones 560 Shrewsbury Ave (732) 758-0800 0.21 Bars

Mumford's Culinary Ctr 33 Apple St (732) 747-7646 0.22 Gourmet Shops

A J's Deli & Catering 555 Shrewsbury Ave # R (732) 842-5009 0.22 Delicatessens

SHOPPING

Neighborhood Profile Courtesy of Raymond Smith, Monmouth Ocean Regional REALTORS Generated on: 09/01/20

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

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Address Phone # Distance Description

Roberts Group LLC 621 Shrewsbury Ave # 218 (732) 747-6050 0.08 Cosmetics And Perfumes -

Retail

Smartcover 621 Shrewsbury Ave # 218 (732) 542-5357 0.08 Cosmetics And Perfumes -

Retail

United Sales Of America Cor p

621 Shrewsbury Ave (732) 530-8900 0.08 General Merchandise - Ret ail

Rite Aid 596 Shrewsbury Ave (732) 741-7904 0.11 Pharmacies

Decker Wright Corp 628 Shrewsbury Ave # E (732) 747-9373 0.15 Computer Services

General Dynamics Info Tech 655 Shrewsbury Ave # 306 (732) 219-5000 0.19 Appliances And Electronic

s

Noah's Kingdom 34 Apple St (732) 747-5615 0.21 Pet Supplies And Foods - R

etail

Keyport Liquor License LLC 688 Shrewsbury Ave (732) 000-1111 0.21 Liquors - Retail

Aerus Electrolux 555 Shrewsbury Ave (732) 224-9099 0.22 Vacuum Cleaners - Househ

old - Dealers

Bellia Shoes 555 Shrewsbury Ave # M (732) 268-7345 0.22 Shoes - Retail

Neighborhood Profile Courtesy of Raymond Smith, Monmouth Ocean Regional REALTORS Generated on: 09/01/20

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

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