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Commercial Building 59 Newman Springs Rd 12,192 SF Industrial Building Shrewsbury, NJ 07702 $1,995,000 ($163.63/SF)
Executive Summary
12,500 Sq. Ft. Two-Story Commercial Building on 0.5739 Acre on Major Thoroughfare Between Highway 35 and the Garden State Parkway. Formerly Used as an Auto Body Shop. 2,500 Sq. Ft. Office Space on Both Floors, Spray Booth, Lift and 10 Bays. Great Location in Heavy Traffic Area. Easy Access to Highway 35 and the Garden State Parkway.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 44-00010-0000-00003 | Total Assessment | $1,706,000 (2025) |
| Land Assessment | $555,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,151,000 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
44-00010-0000-00003
Land Assessment
$555,000 (2025)
Improvements Assessment
$1,151,000 (2025)
Total Assessment
$1,706,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Commercial Building | 59 Newman Springs Rd
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