Shrewsbury  »  07702  »  Shrewsbury

117 Elm Lane, Shrewsbury, NJ 07702

Shrewsbury, Monmouth
Building in Shrewsbury
100 Stories
Built in 1964
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Welcome to 117 Elm Lane, a building located in Shrewsbury, Monmouth in Shrewsbury, NJ. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1964. This is a relatively tall building with a total of 100 floors. Finally, 117 Elm Lane was most recently sold on Sep 28, 2017 for $625,000. The market value for the land that the building sits on has been listed at $379,100. In addition, improvements upon the building have an added value of $420,800. In total, the total market value of the property as a whole is $799,900. According to local assessors, the total value of the building is currently valued at $799,900. Specifically, the value of the land that the property sits on has been assessed at $379,100. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. Thankfully, there is a . The building depends on for cooling. Speaking of cooling systems, the heat in the building is controlled via . The code designated for the basement in this building was 9 which stands for: "". Are you a fan of fireplaces? Good news! This property has one single fireplace. Tenants living in this building will be happy to learn that there is a both a and a . For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has provided us with data that shows that the building has a ext:roof_type_code_text roof and it is made up of ext:roof_cover_code_text.
Facts
General
Year Built
1964
Effective Year Built
1964
Building Count
1
Total Rooms
9
Bedroom Count
5
Bathroom Count
3
Full Bathrooms
3
Partial Bathrooms
3
Building Condition
6
Building Quality
0
Construction Type
6
Building Style
11
Exterior Walls Type
0
Interior Walls Type
0
Roof Shape Type
8
Roof Cover Type
20
Floor Count
100
Living Units
1
Floor Cover
0
Basement Type
9
Basement Area
878
Garage Type
1
Garage Square Area
576
Parking Space Count
2
Patio Type
20
Porch Type
7
Pool Type
0
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
0
Property Class
R
Land Acres
0000001027
Standard Land Use Code
1001
County Land Use Code
2
Neighborhood
School District Name
Shrewsbury Borough School District
Census Tract
812300
Census Block Code
2004
Census Group
2
Census Year
2019
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
34025
Census - Full FIPS
340258123002004
Census - Metropolitan Division - Area Code
35154
Census - Metropolitan Division - Area Name
New Brunswick-Lakewood, NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3467350
Census Source
US Census Bureau
Census State FIPS
34
Census Tract Code
812300
School District - Secondary - Grade High
12
School District - Secondary - Grade Low
09
School District - Secondary - LEA Code
3413750
School District - Secondary - Name
Red Bank Regional School District
Zoning
Zoning
SF10
Geography
Assessors Map Reference
TAX MAP 14
District
44
Parcel
44 00063-0000-00005
Block
63
Lot
5
Municipality
SHREWSBURY BORO
Latitude
40.3247
Longitude
-74.0518
FIPS
34025
Geo Status Code
R
Valuation
Timestamp
2024-04-12 22:21:15
UCID Flag
C
More About The Building
In total, the building area is listed as 2,122 square feet. The depth of the property lot was measured at 1,790 square feet and the front at 2,500 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. From what we gather, the control joints used in the construction of this particular building for contraction purposes were made of . The building class code for 117 Elm Lane is unknown but given the importance of this information, we will work to update this data as soon as possible. The overall condition of the building is considered to be average.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Shrewsbury area have a median price of $2,500. Those in the 25th percentile, have a price around $2,500. While those in the 75th percentile, have a price around $2,500. Typically, the buildings in this area have a median sqft of 1,320. That means that the median price per sqft is around $23. In other words, the price per sqft for buildings in the 25th percentile is $23. While the price per sqft for buildings in the 75th percentile is $23. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing. The median price for these types of listings is $2,500. That's $22.73 price per sqft.

  • There are currently no two bedroom listings being advertised in the area.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
117 Elm Lane is located in Monmouth County, New Jersey. There are 627,532 people living here. There are 232,868 households. Most of these households have an average family size of 3.25 people. According to the census, 26% are currently renting while 74% own their homes. The median age of this population is around 42.6 years old. On average, most folks in the county are married. About 18% of folks speak a language other than English in this area. The area's employment rate is currently around 61.2%. Speaking of employment, the median income is $87,297. Most folks will commute by car for around 33.6 minutes. Finally, we know that 25% of residents in the area have graduated with their high school degree. Additionally, 26% and 17% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319.

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Studio Median Rent
$2,500
1BR Median Rent
-
2BR Median Rent
-
3BR Median Rent