40 Avenue At The Common, Shrewsbury Boro, NJ 07702
$6,946,445.12
Property Type:
Commercial Lease
Square Footage:
12,590
Lot Size (sq. ft.):
100,188
Status:
Closed
Current Price:
$6,946,445.12
List Date:
2/23/2024
Last Modified:
8/13/2025
Description
Welcome to Skyline 40, where modern elegance and professional functionality converge! Located in a newly renovated building, our 6 office suites are between 1,300sq ft and 2,300sq feet of versatile space for your business needs. The units are being offered at $20 a square foot. The property is handicap accessible and has an elevator on the premises. Situated in the prime location of Shrewsbury, with easy access to the Garden State Parkway and Highway 35. Our space is convenient for clients and employees alike. Additionally, it is just a stone's throw away from Fort Monmouth.
More Information MLS# 22404887
Contract Info
Sale: No
Lease: Yes
Lease Price: 20
Lease Price Per/SqFt: 0
Status: Closed
List Date: 2024-02-22
Property Sub-Type: Commercial
Current Price: $6,946,445.12
Location
Area/Section: None
House Number: 40
Street Name: Avenue At The Common
County: Monmouth
Municipality: Shrewsbury Boro (SHB)
Postal City: Shrewsbury Boro
State: NJ
Zip Code: 07702
Directions: Main St. to Ave. on the Commons
General Property Info
# Levels: 2
Acreage: 2.3
Garage: No
# Car Garage: 0
Apx SqFt: 12590
Apx Year Built: 1980
Tax and Legal
Asmnt - Total: 1468300
Taxes: 27663
Tax Year: 2023
Income & Expenses
# Rental Units: 6
Use
Professional/Office: 1
Electric
110 Volt: 1
Gas
On Site: 1
Cooling
Central Air: 1
Water Heater
Natural Gas: 1
Heating
Forced Air: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Exterior
Security System: 1
Parking
On Site: 1
Paved: 1
Assessment Status
Assessed: 1
Status Change Info
Under Contract Date: 2024-05-23
Sold Date: 2025-07-30
Sold Price: $6,946,445.12
Property Features
Use: Professional/Office
Cooling: Central Air
Heating: Forced Air
Water Heater: Natural Gas
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: 110 Volt
Exterior: Security System
Parking: On Site; Paved
Assessment Status: Assessed
Listing Office:
Keller Williams Realty West Monmouth
Listing Agent:
Valerie Vargas
Last Updated: August - 13 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.