When was 215 Newman Springs Road, Shrewsbury Boro, NJ last sold?

The most recent recorded sale was in 2006 for $1.

What is the assessed value of 215 Newman Springs Road, Shrewsbury Boro, NJ?

The total municipal assessment is $898,700 (land plus improvements).

What is 215 Newman Springs Road, Shrewsbury Boro, NJ worth?

Our model estimates a market value of $971,988, derived from comparable recorded sales nearby.

What kind of property is 215 Newman Springs Road, Shrewsbury Boro, NJ?

MOD-IV classifies it as Commercial (class 4A). Year built: 1984.

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215 Newman Springs Road, Shrewsbury Boro, NJ — owner, sales, deeds · parceldata

215 Newman Springs Road

Shrewsbury Boro, NJ·Monmouth County

1344·block 2·lot 19

$971,988estimated value

Last sale

11/17/2006 · taxrecords_nj

Property

Type

Commercial

Tax class

Commercial

Year built

1984

Building size

—

Lot size

0.46 ac

Land description

150X135

Building description

MARIO LOMEDICO

Dwelling / commercial units

0 dw / 0 comm

Tax & Assessment

Net assessed value

$898,700

Land value

$620,700

Improvement value

$278,000

Last year's tax

$15,431

Last MOD-IV sale

MOD-IV deed date

10/31/2006

Owner mailing address

215 EAST NEWMAN SPRINGS R
SHREWSBURY, NJ 07702

Estimated market value

$971,988

range $826,190 – $1,117,786

moderate confidence

Assessment-implied: $971,988; Director's Ratio 0.9246 (2025)
Comparable sales: 8 (below threshold)

Estimated value, last 11 years

2016: $602,359 → 2026: $971,988

Based on 8 comparable sales

Address	Sold	Price
89 Newman Springs Road	3/19/2026	$4,200,000
163 Patterson Ave	11/19/2025	$786,500

Bordering

200-ft notice list →

411 Shrewsbury Ave
Lot 17·$480,100
401 Shrewsbury Ave
Lot 18·$937,900
193 Newman Springs Road
Lot 20·$1,844,400
179 Newman Springs Road
Lot 21·$7,831,800

Block 2All of Block 2 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "215 E NEWMAN SPRINGS R SHREWSBURY NJ 07702"
    ],
    "zipKeys": [
      "215 E NEWMAN SPRINGS R 07702"
    ]
  },
  "effective_unit_count": 0,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1344_2_19",
  "county_code": "13",
  "district_code": "44",
  "block": "2",
  "lot": "19",
  "qualifier": "",
  "property_location": "215 NEWMAN SPRINGS ROAD",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "MARIO LOMEDICO",
  "land_desc": "150X135",
  "year_built": 1984,
  "living_sqft": null,
  "dwelling_units": 0,
  "comm_dwell": null,
  "land_value_cents": "62070000",
  "improvement_value_cents": "27800000",
  "net_value_cents": "89870000",
  "last_yr_tx_cents": "1543094",
  "deed_date": "2006-10-31",
  "deed_book": "8608",
  "deed_page": "8839",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "215 EAST NEWMAN SPRINGS R",
  "owner_mailing_city_state_zip": "SHREWSBURY, NJ  07702",
  "mun_name": "SHREWSBURY BORO",
  "calc_acre": "0.464900",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "219",
  "fac_name": null,
  "centroid_lon": -74.07389934586135,
  "centroid_lat": 40.33712078960688
}

SR1A

[
  {
    "id": "9d5f8cc7-3204-439d-8417-5a4ad80f4483",
    "property_id": "d2cbca18-0846-4005-83bc-7725396066e9",
    "county_code": "13",
    "district_code": "44",
    "block": "2",
    "lot": "19",
    "qualifier": "",
    "deed_book": "8608",
    "deed_page": "8839",
    "deed_date": "2006-10-31",
    "date_recorded": "2006-11-17",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d8ad33c3-f8fb-4d18-801d-fe0ed1a2d373",
    "property_id": "d2cbca18-0846-4005-83bc-7725396066e9",
    "county_code": "13",
    "district_code": "44",
    "block": "2",
    "lot": "19",
    "qualifier": "",
    "deed_book": "8608",
    "deed_page": "8839",
    "deed_date": "2006-10-31",
    "date_recorded": "2006-10-31",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 215 Newman Springs Road, Shrewsbury Boro, NJ last sold?: The most recent recorded sale was in 2006 for $1.
What is the assessed value of 215 Newman Springs Road, Shrewsbury Boro, NJ?: The total municipal assessment is $898,700 (land plus improvements).
What is 215 Newman Springs Road, Shrewsbury Boro, NJ worth?: Our model estimates a market value of $971,988, derived from comparable recorded sales nearby.
What kind of property is 215 Newman Springs Road, Shrewsbury Boro, NJ?: MOD-IV classifies it as Commercial (class 4A). Year built: 1984.

Sales history

11/17/2006$1
taxrecords_njBk 8608 / Pg 8839
10/31/2006$1
MOD-IV (Rutgers)Bk 8608 / Pg 8839

Date	Price	Book / Page	Source
11/17/2006	$1	8608 / 8839	taxrecords_nj
10/31/2006	$1	8608 / 8839	MOD-IV (Rutgers)