House Prices

House Prices & Home Values Shrewsbury, NJ 2026


Average Data

average house price$721,845
average size per house2748 ft²
average price per ft²263 $ / ft²

04/05/2026 - The value range (VR) for house prices in Shrewsbury, NJ is $244/ sqft to $244/ sqft. An average home with 2748 sqft costs approximately $670,512 to $670,512. Shrewsbury, NJ includes 1 ZIP codes and it is located in Monmouth county. The lowest prices are found in ZIP 07702, while the highest are in ZIP 07702. The average price per sqare feet is $263. Our analysis is based on 45 property listings.

Avergage prices by ZIP codes Shrewsbury

07702229 $ / ft²


House prices by neighborhoods in Shrewsbury

Shrewsbury Chase260 $ / ft²
Shrewsbury Green268 $ / ft²
Shrewsbury Historic District265 $ / ft²
Thornbrooke263 $ / ft²




Historical development of home values in Shrewsbury

Year Estimated value (USD) Change vs. 2025
2010 $335,238 -53.6%
2011 $322,274 -55.4%
2012 $321,406 -55.5%
2013 $333,420 -53.8%
2014 $349,999 -51.5%
2015 $367,962 -49.0%
2016 $387,165 -46.4%
2017 $408,062 -43.5%
2018 $430,622 -40.3%
2019 $450,589 -37.6%
2020 $473,882 -34.4%
2021 $538,990 -25.3%
2022 $628,341 -13.0%
2023 $662,615 -8.2%
2024 $700,948 -2.9%
2025 $721,845 0.0%

Graph: estimated home values in Shrewsbury over time (USD)



Example: 100% financing house in Shrewsbury

Loan amount: $721,845

Interest rate: 6.00%

Fixed monthly payment: $4,327.83

Breakdown in the 1st month:
Interest portion: $3,609.23  –  Principal portion: $718.60

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $43,069.56 $8,864.34 $712,980.66
2 $42,522.83 $9,411.07 $703,569.58
3 $41,942.38 $9,991.53 $693,578.06
4 $41,326.12 $10,607.78 $682,970.27
5 $40,671.86 $11,262.05 $671,708.22
6 $39,977.24 $11,956.67 $659,751.55
7 $39,239.78 $12,694.13 $647,057.43
8 $38,456.83 $13,477.08 $633,580.35
9 $37,625.59 $14,308.31 $619,272.04
10 $36,743.09 $15,190.82 $604,081.22
11 $35,806.15 $16,127.75 $587,953.47
12 $34,811.43 $17,122.48 $570,830.99
13 $33,755.35 $18,178.55 $552,652.44
14 $32,634.14 $19,299.77 $533,352.67
15 $31,443.77 $20,490.14 $512,862.53
16 $30,179.98 $21,753.92 $491,108.61
17 $28,838.25 $23,095.66 $468,012.95
18 $27,413.76 $24,520.15 $443,492.81
19 $25,901.41 $26,032.50 $417,460.31
20 $24,295.78 $27,638.12 $389,822.19
21 $22,591.12 $29,342.78 $360,479.41
22 $20,781.33 $31,152.58 $329,326.83
23 $18,859.90 $33,074.00 $296,252.82
24 $16,819.97 $35,113.94 $261,138.89
25 $14,654.22 $37,279.69 $223,859.20
26 $12,354.89 $39,579.02 $184,280.18
27 $9,913.74 $42,020.16 $142,260.02
28 $7,322.03 $44,611.87 $97,648.15
29 $4,570.47 $47,363.44 $50,284.71
30 $1,649.20 $50,284.71 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Shrewsbury, NJ


1500 sqft3900 sqft
Ø selling price$477,346$1,015,444
Ø fast selling$433,951$913,899
Ø high price sale$520,741$1,116,988

In 2026, houses in Shrewsbury, NJ will be offered at an average price of $263 per square foot. A 1,500 sqft home priced at $477,346 is 21.55% more expensive per square foot than a 3,900 sqft home priced at $1,015,444. Home prices in Shrewsbury, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $702,999. Sellers who can wait longer may achieve a higher price of up to $859,222.


Shrewsbury, NJ: Small-Town Charm in Monmouth County

Shrewsbury, NJ is a historic borough in Monmouth County known for its tree-lined streets and welcoming community.
The town?s prime location along Route 35 places residents minutes from Red Bank, the Jersey Shore, and the Garden State Parkway.

History and Lifestyle

Visitors love the Shrewsbury Historic District, where preserved Colonial-era sites showcase the borough?s rich heritage.
A family-friendly lifestyle thrives with top-rated schools, community parks, and seasonal events that bring neighbors together.

Shopping and Dining

Shoppers frequent The Grove at Shrewsbury and nearby plazas for upscale boutiques, national brands, and local artisans.
Diverse dining options range from cozy cafes to fine restaurants, supporting a vibrant small-business ecosystem.

Real Estate and Accessibility

Real estate in Shrewsbury offers classic colonials and modern homes on quiet streets with strong property values.
Commuters appreciate NJ Transit access via nearby Red Bank station and quick connections to New York City.

Quality of Life

Outdoor enthusiasts enjoy community parks, local sports, and easy routes to Sandy Hook beaches for weekend fun.
With a safe atmosphere, convenient amenities, and a rich past, Shrewsbury, NJ delivers exceptional quality of life.



FAQ – Home Values in Shrewsbury

What is the median home value in Shrewsbury in 2026?

In 2026, the typical home value in Shrewsbury is about $721,845 for an average home size of 2748 square feet. This corresponds to an average price of roughly $263 per square foot.

What is the average cost per square foot in Shrewsbury?

In 2026, homes in Shrewsbury sell for an average of around $263 per square foot, with a typical range between $244 and $244 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Shrewsbury is about 2748 square feet, with an estimated 2026 value around $721,845.



Locations close to Shrewsbury, NJ

Fort Monmouth, NJ252 $ / ft²
Fair Haven, NJ457 $ / ft²
Allenhurst, NJ285 $ / ft²
Red Bank, NJ308 $ / ft²
Woodcliff Lake, NJ347 $ / ft²
Township Of Washington, NJ230 $ / ft²
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