Monmouth County  »  07702  »  Park Ave  »  116 Park Ave

116 Park Avenue, Shrewsbury, NJ 07702 - Property report

Also known as: 116 Park Ave

Property image for 116 Park Avenue, Shrewsbury, NJ 07702
static Mapbox map

Property type

Residential (2)

Year built

1945

Acreage

0.402

Sale price

$1

General information

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Address
Primary address
116 Park Avenue
ZIP code
07702
County
Monmouth
Block
53
Lot
6
Municipality
1344
Parcel ID
53-6

Owner

Find out who owns 116 Park Avenue, Shrewsbury, NJ 07702. Uncover corporate and individual owners with a free account.

Sales
Sale date
03/24/2020
Sale price
$1
Arm's length
Tax
Tax year
2026
Current property tax
$15,674
Building
Property type
Residential (2)
Building sq. ft.
2,861
Year built
1945
Exterior structural material
Lot
Acreage
0.402
Zoning & Use
Zoning

Area overview

Walk score
15 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
34 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 116 Park Avenue, Shrewsbury, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 116 Park Avenue, Shrewsbury, NJ 07702

Sale date Sale price Buyer name Seller name
03/24/2020 $1
09/04/2002 $360,000

*Most recent sales on record for this property.

More about Monmouth County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
04/16/2020 - R
03/24/2020 - D
Mortgage
04/16/2020 - R
03/24/2020 - D
Deed and Realty Tax Fees
09/04/2002 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 116 Park Avenue, Shrewsbury, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$15,674
Recent tax assessments
Market value
$1,016,500
Land value
$519,500
Building value
$497,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $1,094,600 $1,094,600 1.542 $16,879 +10.94%
2024 $830,500 $830,500 1.832 $15,215 -0.85%
2023 $814,500 $814,500 1.884 $15,345 +6.59%
2022 $737,900 $737,900 1.951 $14,396 +2.84%
2021 $660,000 $660,000 2.121 $13,999 -0.09%
2020 $660,000 $660,000 2.123 $14,012 +2.29%
2019 $638,600 $638,600 2.145 $13,698 +16.93%
2018 $544,600 $544,600 2.151 $11,714 +3.24%
2017 $531,200 $531,200 2.136 $11,346 +22.06%
2016 $504,100 $504,100 1.844 $9,296 -10.67%

Permit information for 116 Park Avenue, Shrewsbury, NJ

No recently recorded permits for this property.

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 116 Park Avenue, Shrewsbury, NJ 07702 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Markham Place Elementary School 9 Public 5-8 360 0.69
Shrewsbury Elementary School 9 Public PK, K-8 462 0.74
Shrewsbury Elementary School 9 Public PK, K-8 462 0.74
Point Road School 10 Public PK, K-4 370 1.11
Point Road School 10 Public PK, K-4 370 1.11
Creative Learning Center NR Private PK-K 73 1.15
Creative Learning Center NR Private PK-K 73 1.15
Tower Hill School NR Private PK-K 135 1.26
Tower Hill School NR Private PK-K 135 1.26
Red Bank Middle School 4 Public 4-8 601 1.43
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Markham Place Elementary School 9 Public 5-8 360 0.69
Shrewsbury Elementary School 9 Public PK, K-8 462 0.74
Red Bank Middle School 4 Public 4-8 601 1.43
Voyagers' Community School NR Private PK, K-12 55 1.50
Voyager's Community School NR Private PK-12 75 1.50
Harbor School NR Private 85 1.55
St James Elementary School NR Private PK-8 375 1.64
The Atlantic School NR Private 8-12 0 1.77
Red Bank Charter School 3 Charter PK, K-8 192 1.80
Knollwood Elementary School 9 Public 4-8 510 1.94
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Voyagers' Community School NR Private PK, K-12 55 1.50
Voyager's Community School NR Private PK-12 75 1.50
Harbor School NR Private 85 1.55
Red Bank Reg High School 5 Public 9-12 1,195 1.57
Red Bank Catholic High School NR Private 9-12 915 1.62
The Atlantic School NR Private 8-12 0 1.77
Monmouth Reg High School 4 Public 9-12 938 2.69
Shore Regional High School 6 Public 9-12 585 2.70
Class Academy NR Public 9-12 18 2.74

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 116 Park Avenue, Shrewsbury, NJ 07702?

The development at 116 Park Avenue, Shrewsbury, NJ 07702 was built in 1945.

What is the total square footage of 116 Park Avenue, Shrewsbury, NJ 07702?

116 Park Avenue, Shrewsbury, NJ 07702 has a total of 2,861 square feet.

When was 116 Park Avenue, Shrewsbury, NJ 07702 last sold and what was the sale price?

116 Park Avenue, Shrewsbury, NJ 07702 was last sold on 03/24/2020 for $1.

What is the assessed value of 116 Park Avenue, Shrewsbury, NJ 07702?

116 Park Avenue, Shrewsbury, NJ 07702 is currently assessed at $1,016,500.

What are the property taxes for 116 Park Avenue, Shrewsbury, NJ 07702?

The property taxes for 116 Park Avenue, Shrewsbury, NJ 07702 total $15,674.

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