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: 11/21/2025

Overview

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.

Listing Details MLS# 22404887

Contract Info

Property Sub-Type
Commercial
Sale
No
Lease
Yes
Lease Price
20
Lease Price Per/SqFt
0

Location

House Number
40
Street Name
Avenue At The Common
County
Monmouth
Municipality
Shrewsbury Boro (SHB)
Postal City
Shrewsbury Boro
State
NJ
Zip Code
07702
Area/Section
None
Directions
Main St. to Ave. on the Commons

General Property Info

# Levels
2
Apx SqFt
12590
Apx Year Built
1980
Garage
No
Acreage
2.3
# Car Garage
0

Tax and Legal

Asmnt - Total
1468300
Taxes
27663
Tax Year
2023

Status Change Info

Under Contract Date
2024-05-23
Sold Date
2025-07-30

Income & Expenses

# Rental Units
6

More Information

Use

Professional/Office
Yes

Electric

110 Volt
Yes

Gas

On Site
Yes

Cooling

Central Air
Yes

Water Heater

Natural Gas
Yes

Heating

Forced Air
Yes

Water

Public Water
Yes

Sewer

Public Sewer
Yes

Exterior

Security System
Yes

Parking

On Site
Yes
Paved
Yes

Assessment Status

Assessed
Yes

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
IDX
Last Updated: November - 21 - 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.