597A BROAD ST.

Shrewsbury Boro, Monmouth County · Block 38, Lot 4

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.

Estimated tax story (homeowner view)
$981,560

Estimated annual tax: current net × 1.661 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: -3.3% ($61,094,500 → $59,094,500).

Assessment

Land$10,485,000
Improvements$48,609,500
Net (taxable assessed, 2026)$59,094,500
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$59,094,500
2025 tax (MOD-IV billed)$1,014,779.65
Est. 2025 tax @ general rate$981,560
Mailing address (2026)909 ROSE AVE; SUITE 200, NORTH BETHESDA; MD, 20852

How the ratio works: New Jersey towns often assess below full market value. The average ratio (Director’s / Chapter 123) estimates what percent of true market value the town’s assessments represent. Implied equalized value ≈ assessed net ÷ (ratio ÷ 100). Example: assessed $187,600 at 55.89% ≈ $335,700 equalized. Tax bills still use assessed value × the general tax rate — not the equalized figure.

The stored sale is not used for a change-since-sale figure. SR1A 20 — Railroad, pipeline, or utility right-of-way transfer marks it non-usable, or the price is a nominal amount.

This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 92.46% (often still reflecting the prior assessment base).

Building permits for 597A BROAD ST.

The New Jersey construction-permit file lists 50 permits for 597A BROAD ST. in Shrewsbury Boro. 2 are still open in the state file. Permit 23-152, an alteration, was issued 25 May 2023 and closed 6 Sep 2023 with a Certificate of Occupancy. The reported cost is $83,400.

Permit Type Use Issued Closed Reported cost
20-048 Alteration International Residential Code 12 Mar 2020 10 Aug 2023, Certificate of Approval $1,600
20-247 Demolition Mercantile buildings 17 Nov 2020 15 Mar 2022, Certificate of Approval $18,000
21-063 Alteration Business Uses 22 Mar 2021 13 Sep 2021, Certificate of Approval $6,358
21-117 Demolition Mercantile buildings 13 May 2021 1 Feb 2022, Certificate of Approval $15,000
21-136 Alteration Mercantile buildings 1 Jun 2021 16 Aug 2021, Certificate of Approval $50,100
21-146 Alteration Mercantile buildings 14 Jun 2021 6 Aug 2021, Certificate of Approval $1,825
21-117+A Alteration Mercantile buildings 18 Jun 2021 5 Nov 2021, Certificate of Approval $23,000
21-162+A Alteration Mercantile buildings 6 Jul 2021 4 Nov 2021, Certificate of Approval $11,000
21-162 Alteration Mercantile buildings 6 Jul 2021 4 Nov 2021, Certificate of Occupancy $289,050
21-164 Alteration Mercantile buildings 7 Jul 2021 Open in the state file $52,700
21-164+A Alteration Mercantile buildings 7 Jul 2021 13 Aug 2021, Certificate of Approval $11,000
21-164+B Alteration Mercantile buildings 9 Jul 2021 13 Aug 2021, Certificate of Approval $2,400
21-117+B Alteration Mercantile buildings 8 Sep 2021 1 Feb 2022, Certificate of Approval $5,600
21-255 Alteration Mercantile buildings 24 Sep 2021 16 Mar 2022, Certificate of Occupancy $50,000
21-281 Alteration Mercantile buildings 21 Oct 2021 6 Feb 2023, Certificate of Approval $6,000
21-284 Alteration Mercantile buildings 26 Oct 2021 2 Feb 2022, Certificate of Occupancy $88,400
21-284+A Alteration Mercantile buildings 26 Oct 2021 2 Feb 2022, Certificate of Approval $7,000
21-307 Alteration Mercantile buildings 12 Nov 2021 24 Jun 2022, Certificate of Occupancy $332,000
21-255+A Alteration Mercantile buildings 15 Nov 2021 16 Mar 2022, Certificate of Approval $79,000
21-255+B Alteration Mercantile buildings 16 Nov 2021 16 Mar 2022, Certificate of Approval $4,000
21-255+C Alteration Storage building, moderate hazard 16 Nov 2021 16 Mar 2022, Certificate of Approval $5,980
21-284+B Alteration Mercantile buildings 6 Dec 2021 2 Feb 2022, Certificate of Approval $30,000
21-338 Alteration Mercantile buildings 20 Dec 2021 22 Jun 2022, Certificate of Approval $33,000
21-255+D Alteration Mercantile buildings 20 Dec 2021 16 Mar 2022, Certificate of Approval $11,000
22-011 Alteration Business Uses 13 Jan 2022 25 Mar 2022, Temporary Certificate of Occupancy $213,400
22-023 Alteration Business Uses 24 Jan 2022 15 Jun 2022, Certificate of Approval $1,050
22-017 Alteration Business Uses 24 Jan 2022 25 Mar 2022, Certificate of Approval $2,525
22-034+C Alteration Business Uses 9 Feb 2022 31 Jul 2023, Certificate of Approval $25,000
22-034+D Alteration Business Uses 9 Feb 2022 31 Jul 2023, Certificate of Approval $20,000
22-034+E Alteration Business Uses 9 Feb 2022 31 Jul 2023, Certificate of Approval $7,500
22-034+B Alteration Business Uses 9 Feb 2022 31 Jul 2023, Certificate of Approval $30,000
22-034 Alteration Mercantile buildings 9 Feb 2022 17 Jun 2022, Temporary Certificate of Occupancy $1,200,000
22-034+A Alteration Business Uses 9 Feb 2022 31 Jul 2023, Certificate of Approval $175,000
22-011+A Alteration Business Uses 17 Feb 2022 25 Mar 2022, Certificate of Approval $3,500
22-034+F Alteration Mercantile buildings 22 Feb 2022 31 Jul 2023, Certificate of Approval $1,000
21-255+E Alteration Business Uses 24 Feb 2022 16 Mar 2022, Certificate of Approval $2,500
22-034+G Alteration Business Uses 28 Mar 2022 31 Jul 2023, Certificate of Approval $3,800
21-307+A Alteration Business Uses 7 Apr 2022 22 Jun 2022, Certificate of Approval $2,000
21-307+B Alteration Business Uses 24 May 2022 22 Jun 2022, Certificate of Approval $14,000
22-148 Alteration Business Uses 24 May 2022 17 Jun 2022, Certificate of Approval $2,830
22-160 Alteration Mercantile buildings 14 Jun 2022 23 Sep 2022, Certificate of Occupancy $35,000
22-177 Alteration Business Uses 30 Jun 2022 3 Aug 2022, Certificate of Approval $5,541
22-192 Alteration Business Uses 18 Jul 2022 3 Aug 2022, Certificate of Approval $1,300
22-262 Alteration Business Uses 21 Oct 2022 31 Oct 2022, Certificate of Approval $28,000
23-027 Alteration Business Uses 19 Jan 2023 Open in the state file $6,500
23-037 Demolition Mercantile buildings 27 Jan 2023 28 Aug 2023, Certificate of Approval $17,000
23-038 Alteration Mercantile buildings 31 Jan 2023 20 Apr 2023, Certificate of Occupancy $324,000
23-038+A Alteration Business Uses 31 Jan 2023 19 Apr 2023, Certificate of Approval $2,515
23-038+B Alteration Business Uses 7 Mar 2023 19 Apr 2023, Certificate of Approval $7,400
23-152 Alteration Business Uses 25 May 2023 6 Sep 2023, Certificate of Occupancy $83,400

The file does not name the work. This file is a full record from 2021 on. Older permits are mostly missing. A repair from before then can be absent here and still be at the Shrewsbury Boro construction office.

Flood zone for 597A BROAD ST.

FEMA’s flood map places the mapped point for 597A BROAD ST. in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 16.2 feet and the highest at 45.8 feet (NAVD88).

These figures are estimates. The zone and any flood elevation come from FEMA’s flood map at a point for this address, and that point can fall in the street. The high and low come from the state’s 10-foot ground scan of the lot outline. A cell can catch a ditch, the street, or the edge of the lot. They are not a survey and not an insurance rating. A licensed surveyor measures the ground and the building. The town floodplain administrator, or a licensed engineer, confirms what the zone means for this lot. No zone at this point, or zone X, does not mean the lot will not flood.

Water and sewer for 597A BROAD ST.

This lot is within the Two Rivers Water Reclaimation Authority STP sewer system. Please verify with the provider.

This lot is within the NJ American Water - Coastal North water system. Please verify with the provider.

These lines come from the state’s sewer service areas and public community water areas, read at a point for this address. That point can fall in the street. Being inside a named area means the lot is inside that mapped system, not that a pipe or a meter is on the house. Being outside means the lot is outside the mapped service area, which is usually a septic system or a private well. It is not a hookup record. Please verify with the provider. How we read water and sewer.

Year-by-year assessed value & tax

From NJ MOD-IV files (2023, 2024, 2025, 2026). Tax is the MOD-IV billed amount when present; otherwise —. Current mailing is in Assessment above.

Year Assessed net Tax
2026 $59,094,500 —
2025 $61,094,500 $1,014,779.65
2024 $63,400,500 $1,161,497.16
2023 $63,400,500 $1,194,465.42

Assessed value & ratio history

Parcel assessed nets come from MOD-IV year files (2023, 2024, 2025, 2026). Town average ratios are from Abstract / Chapter 123 when available — implied equalized = assessed ÷ (ratio ÷ 100).

Tax year Assessed net Avg ratio Implied equalized Assessed Δ Equalized Δ
2023 $63,400,500 92.04% $68,883,638 — —
2024 $63,400,500 99.06% $64,002,120 0.0% -7.1%
2025 $61,094,500 95.94% $63,679,904 -3.6% -0.5%
2026 $59,094,500 100.00% $59,094,500 -3.3% -7.2%

2026: This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 92.46% (often still reflecting the prior assessment base).

Tax year history

Assessed net is from that year’s MOD-IV file. Est. tax = assessed × that year’s general rate when we have the rate sheet. Billed tax is the MOD-IV tax field when present (often empty for the newest file year).

Tax year Assessment net General rate Est. tax (that year) Billed tax Est. vs prior
2023 $63,400,500 1.884 $1,194,465 $1,194,465.42 —
2024 $63,400,500 1.832 $1,161,497 $1,161,497.16 -2.8%
2025 $61,094,500 1.661 $1,014,780 $1,014,779.65 -12.6%
2026 $59,094,500 — — — pending rate

Where your money goes

Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.

Schools
$570,262 58.1%
County
$123,508 12.6%
Municipal
$287,790 29.3%
District school (0.622)$367,568
Regional / consolidated school (0.343)$202,694
County (0.169)$99,870
County library (0.011)$6,500
County health (0.003)$1,773
County open space (0.026)$15,365
Municipal purpose (0.477)$281,881
Municipal open space (0.010)$5,909

Property details

Class4A — Commercial
Building class—
BuildingTHE GROVE147155
Land description20.79 AC
Dwellings0
Commercial units—
Year built1986
Acreage20.79
Zoning—
Tax map page9
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$1,390 · 7/24/2018 · sale assessment $62,013,300 · SR1A 20 — Railroad, pipeline, or utility right-of-way transfer
Deed book / page09305 / 05435

The class, building class, SR1A, and special-tax words are the state’s names for those codes. The zoning code is the town’s. A code that is not on the state list keeps the code and says so.

See this lot on the statewide map, then come back for the full tax story.

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Sources: NJ Division of Taxation MOD-IV (current parcel file) and tax rates for 2025 (Abstract of Ratables). Building permits are read live from the NJ construction-permit file for this block and lot. The flood zone is read live from FEMA’s flood map at a point for this address. The high and low are read live from the state’s 10-foot ground scan. Water and sewer are read live from the state’s service-area maps at that same point. Those map readings are estimates, not a survey and not a hookup record. Estimates are not an official tax bill. Owner names are not shown. Water and sewer · Full disclaimer.