HomeNew JerseyMonmouth CountyShrewsbury borough
Shrewsbury borough, New Jersey: commercial real estate data.
Shrewsbury borough is a Census borough of 4,179 people across 2.16 square miles of land, in Monmouth County. Median household income is $178,958, 85.8 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $5.3 m.
76 sourced place values · tier FULL · 8 sections
Shrewsbury
What Shrewsbury is
- Census place typeborough
- Land area2.16 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,934
- County holding the largest share of its areaMonmouth County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shrewsbury
How many people live in Shrewsbury
- Population4,179
- Median age43.4
- Population under 181,007
- Share under 1824.1 percent
- Population 65 and over1,023
- Share 65 and over24.5 percent
- Households1,512
- Family households1,181
- Share of households that are families78.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shrewsbury
Income and work in Shrewsbury
- Median household income$178,958 plus or minus $37,285
- Per capita income$81,362
- Civilian labor force1,856
- Employed1,771
- Unemployed85 plus or minus 41
- Unemployment rate4.6 percent plus or minus 2.2
- Adults 25 and over2,990
- Adults 25 and over with a high school diploma or higher97.3 percent
- Adults 25 and over with a bachelor degree or higher65.9 percent
- Adults 25 and over with a graduate degree24.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shrewsbury
Housing in Shrewsbury
- Housing units1,546
- Occupied units1,512
- Vacant units34 plus or minus 49
- Vacancy rate2.2 percent plus or minus 3.2
- Owner occupied1,298
- Renter occupied214 plus or minus 77
- Ownership rate85.8 percent
- Median owner-occupied home value$811,400
- Median gross rent, monthly$3,472 plus or minus $1,644
- Annual rent as a share of median income23.3 percent plus or minus 12.0
- Single family units1,409
- Share single family91.1 percent
- Units in buildings of two or more137 plus or minus 68
- Share in buildings of two or more8.9 percent plus or minus 4.4
- Mobile homes0
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shrewsbury
How Shrewsbury gets to work
- Workers 16 and over who commute1,292
- Commuting under 15 minutes362 plus or minus 105
- Share commuting under 15 minutes28.0 percent plus or minus 7.4
- Commuting 30 minutes or more599 plus or minus 126
- Share commuting 30 minutes or more46.4 percent
- Drove alone58.2 percent
- Carpooled1.5 percent plus or minus 1.6
- Public transport12.8 percent plus or minus 6.0
- Walked1.1 percent plus or minus 1.2
- Worked from home26.4 percent plus or minus 7.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shrewsbury
SBA 7(a) lending to Shrewsbury borrowers
- Approvals12
- Gross approval$5,287,800
- Average approval$440,650
- Median approval$250,000
- Ninetieth percentile approval$505,000
- Largest approval$2,333,000
- Jobs supported208
- Jobs per approval17.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more8.3 percent
- Share to franchises8.3 percent
- Distinct lenders6
- Distinct industries by NAICS9
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Shrewsbury
SBA 504 lending to Shrewsbury borrowers
- Approvals1
- Gross approval$290,000
- Average approval$290,000
- Median approval$290,000
- Largest approval$290,000
- Jobs supported5
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monmouth County, not Shrewsbury
Monmouth County context, not Shrewsbury figures
These are Monmouth County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Shrewsbury measurements.
- Establishments in Monmouth County19,883
- Employment at those establishments, Monmouth County257,734
- Covered employment, Monmouth County274,000
- Average annual pay, Monmouth County$70,560
- Average weekly wage, Monmouth County$1,357
- Housing units permitted, Monmouth County2,782
- Of those, single family, Monmouth County2,151
- County product, 2024, Monmouth County$52,693,317,000
- County product change over the prior year, Monmouth County5.3 percent
- Average income of an arriving household, Monmouth County$138,672
Every figure in this section is published for Monmouth County as a whole and is not a measurement of Shrewsbury. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Shrewsbury questions, answered from the record.
How many people live in Shrewsbury, New Jersey?
4,179, in 1,512 households. Shrewsbury borough covers 2.16 square miles of land, which is 1,934 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Shrewsbury in?
Monmouth County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Shrewsbury?
$178,958. The median owner-occupied home is valued at $811,400. Median gross rent is $3,472 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Shrewsbury businesses?
12 7(a) approvals totalling $5.3 m, across 6 lenders, median approval $250,000, plus 1 504 approvals worth $290,000. These count approvals to borrowers whose address is in Shrewsbury, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Shrewsbury borrowers get paid back?
No rate is published for Shrewsbury. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Shrewsbury figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Monmouth County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Shrewsbury.
Is zoning published for Shrewsbury?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.