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Shrewsbury 07702 Shrewsbury
27 Buttonwood Drive
$2,300,000
● House - Off Market

27 Buttonwood Drive

Shrewsbury Boro, NJ 07702
bedrooms
7 Beds
bathrooms
7 Baths
square feet
7,154 Ft²
$13,740
Est. Monthly
7.04%
Cap Rate

About This Property

Experience resort-style living in this meticulously crafted home, blending elegance w/modern luxury. Its list of amenities rivals that of a boutique hotel w/ 7000'+ of living space artfully designed for a family valuing privacy or long-term guests (or both) w/2 separate wings. Featured in NJ Design magazine, you'll be impressed: 7BR, 7BA, 6FP, chef's kitchen, theater, gym, steam, wet bar, pool, hot tub & outdoor kitchen. Thru out are exquisite elements evoking the style of the orig Tudor home: an expansion was completed in 2006 and a total reno was completed in 2018. Custom wood tracery ceilings, hand-crafted mantels, extensive cornice moldings - the custom features are stunning. At the end of a storybook-inspired, tree-lined street your tranquil sanctuary awaits.
Unit Size
7,154 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$315
Property Type
House
Property Taxes
$2,691
HOA Dues
-
Year Built
1927

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MOMLS #22422245)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Premium
Sold
Dec 9, 2024 In contract -
In contract
Aug 2, 2024 Listed by Resources Real Estate $2,250,000
Listed by Resources Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 11
  • Building Style: 13
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 250
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 676
  • Garage Type: 2
  • Garage Square Area: 836
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 26,398
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 1,340
  • Total Building Area: 7,154
  • Building Area: 7,154
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 7,154
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000606
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Shrewsbury Borough School District
  • Census Tract: 812300

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: TAX MAP 10
  • District: 44
  • Parcel: 44 00041-0000-00016
  • Block: 41
  • Lot: 16
  • Municipality: SHREWSBURY BORO
  • Latitude: 40.3276
  • Longitude: -74.0591

    Address

  • Full Address: 27 Buttonwood Dr
  • Address - House Number: 27
  • Address - Street Name: Buttonwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Shrewsbury
  • Carrier Code: C030
  • 4-Digit Zip Code: 4426
  • Zip Code: 07702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,229,741

    Appraisal Valuation

  • Standard Deviation: 0.1364
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 1,955,064
  • High Value: 2,221,886
  • Low Value: 1,688,242

    Market Valuation

  • Market Total Value: $1,714,300
  • Market Land Value: $373,700
  • Market Improvement Value: $1,340,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,714,300
  • Assessed Land Value: $373,700
  • Assessed Improvements Value: $1,340,600

    Sales

  • Current Sale Contract Date: Sep 27, 1999
  • Current Sale Recording Date: Oct 06, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Shrewsbury

Stats & Trends

Median Asking:

$949,950

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

61

Average Home Size

496 ft²

Average Home Age

73 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MOMMLS

Listed by: Thomas J McCormack, Resources Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22422245
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 27 Buttonwood Drive built and last sold?
The property at 27 Buttonwood Drive was built in 1927 and last sold on Sep 27, 1999 for $470,000.
How much is this home worth?
The estimated value of the home located at 27 Buttonwood Drive is $2,272,500.
What are some comparable homes to 27 Buttonwood Drive?
There are currently no comparable homes to 27 Buttonwood Drive.
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