Shrewsbury

Shrewsbury

Located in Monmouth County

$979,963 Average Value
$439 Average Price per Sq Ft
3 Homes For Sale

With lovingly maintained sycamore trees lining Sycamore Avenue, beautiful historic homes and a wealth of nearby parks alongside a caring community, stepping into Shrewsbury is a little like stepping into a fairy tale. At least that’s how Joyce Fernandes, a longtime resident and Realtor at Berkshire Hathaway HomeServices, describes it. The borough has a sense of historic charm and beauty, and residents work together to maintain that.

“They have a lot of pride in the town, so they’ve taken the time to maintain the integrity of the town,” says Fernandes. This care extends all the way to Shrewsbury’s well-known Sycamore Avenue and the sycamore trees that line it. “They’ve actually won awards many times for the tree commission, because they maintain them and they just really do a nice job with the tree commission.”

One of the town’s most interesting historical sites is at the Four Corners, where Sycamore Avenue and Broad Street intersect. At this crossroads sit three historic churches and the Allen House, which was built in 1710 before functioning as a tavern during the mid-1700s and playing a role in the Revolutionary War, all of which are still in use today. The house is now a museum outfitted to match its time as a tavern.

Shrewsbury may be full of history, but the town and its citizens both look toward the future by putting a lot of care into its school, Shrewsbury Borough School, which serves pre-kindergarten all the way through eighth grade. “That’s not that common nowadays,” says Fernandes, whose own children went to the school. “And it’s kind of a nice value because you feel like it’s a private school because it’s such a small population in the town, so the student-to-teacher ratio is well below the state average.”

The neighborhood’s many parks are just as well-maintained as the rest of it, including places where residents can go to play baseball, basketball and tennis or participate in the community garden at Manson Park. Despite being a small town, Shrewsbury has plenty of shopping within its own borders, including two shopping centers. The largest of these, an outdoor mall called The Grove, features major retailers like Banana Republic, Sephora and Chico’s.

The neighborhood is also home to several major places to grab groceries, from a Trader Joe’s to a ShopRite, in addition to a few popular local restaurants. Kick off a long day of shopping with breakfast at Americana Diner or finish off your day with a delicious dinner at Albariño Tapas & Wine Bar. This wealth of shopping options ensures that most of your shopping needs can be taken care of just a few minutes from home—with none of the workarounds that are often the downsides of other small towns.

When residents want a little bit more excitement, Shrewsbury is also ideally located to provide it. “You can get to the beach in under 10 minutes,” Fernandes says. “You need to commute, you can get to the Parkway in under 10 minutes. If you need public transportation, you have the train, the New Jersey transit, that takes you into the city or wherever else you need to go, eventually. We have the commuter ferry that you get to that’s in Highlands to go into the city. A lot of great neighboring towns.”

According to Fernandes, the town is a mixture of retirees and residents who grew up in Shrewsbury and moved away for college, only to come back to raise their children in the town where they themselves grew up. “So you have a lot of professionals, you have a lot of repeat lifelong residents,” Fernandes says.

Once someone settles in Shrewsbury, they rarely want to leave, which means homes don’t often find their way onto the market. When they do, they’re snapped up quickly, so it’s essential to act fast if looking to buy. Although it’s a small area, Fernandes says that home prices vary quite a lot, starting at around the $500,000 mark and climbing up to about $3 million. No matter the price of their home, though, many residents are happy to live in such a beautiful and historic community close to so many amenities, especially given how much love is poured into it by its residents.

“I love it,” Fernandes says. “I’m a little biased, maybe, because I live there, but I do. I love it.”

Jonathan Bradley
Video By
Jonathan Bradley

Interested in learning more about homes in this area? Reach out to Marianne Rullo, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Shrewsbury Housing Trends

Housing Trends

Median List Price
$850,000
Median Sale Price
$869,000
Median Single Family Sale Price
$850,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
50
Median Home Sale Price YoY Change
-$4
Average Price Per Sq Ft
$439

Neighborhood Facts

Number of Homes for Sale
3
Months of Supply
0.70

Open Houses

  • Sunday, Jun 1
    1 - 3pm

    15 Sickles Place, Shrewsbury, NJ 07702

    $799,900

    • 3 Beds
    • 2 Baths
    • 1,382 Sq Ft
    • 15 Sickles Place
    • New 19 days ago

    Charming 3-bedroom, 2-bath Cape in a highly sought after neighborhood. This inviting home features classic curb appeal, cozy living spaces, and plenty of natural light. The detached garage includes a wood-burning stove, perfect for use as a studio or workshop year-round. A wonderful opportunity to enjoy comfort, convenience, and community all in one location close to parks, school and shopping.

    Kevin Murphy Better Homes and Gardens Real Estate Murphy & Co.

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Shrewsbury Has More Owners

Demographics

Total Population
3,949
Median Age
46
Population Density
27 ppl/acre
Population under 18
23.8%
On par with the national average
23.8%
Population over 65
22.8%
On par with the national average
19.1%

Finances

Median Household Income
$132,982
Significantly above the national average
$71,702
Average Household Income
$164,622

Education and Workforce

High School Graduates
97.4%
College Graduates
58.7%
Above the national average
34.1%
Advanced Degrees
23.1%
Above the national average
13.3%
% Population in Labor Force
68.4%

Weather

Annual Precipitation
52''
Average Winter Low Temperature
25°F
Average Summer High Temperature
84°F
Annual Snowfall
23''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Shrewsbury