Red Bank NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,288
Status:
Active
Beds:
4
Lot size:
0.26 Acres
Year built:
1920
Baths:
3.00
MLS#:
22422240

ADDITIONAL INFORMATION

Are you looking for a completely renovated two family home on one of the best streets in Red Bank? Well, this is it! This 2-family home has been completely renovated from the studs and is absolutely gorgeous! The first floor unit is two bedroom/two full baths with washer/dryer. The primary bedroom has two closest and an en-suite bathroom and the second bedroom has a dressing room/office bonus area with great closets. The open floor plan gives you a great space to entertain. The first unit has access to a fully finished basement with plenty of room for an office/workout area or whatever you imagination can think of. The second floor unit has two bedrooms and one bath with washer/dryer in the unit. The unit has a terrific third floor bonus room that is a must see.

Type:
Multi-Family
Sq.Ft.:
1,595
Status:
Active
Beds:
3
Lot size:
0.11 Acres
Year built:
1920
Baths:
2.00
MLS#:
22419962

ADDITIONAL INFORMATION

Conveniently located to everything. Trains, taxis, stores, theater etc. Legal 2 family home. your opportunity to live in one unit and rent out the other. Current tenants are on a month to month Off street parking front porch fenced in rear yard. Separate electric meters. 2 car garage. . The Galleria, Count Basie Theater, Train station all just steps away. Perfect for a person who does not care to drive.

Type:
Multi-Family
Sq.Ft.:
2,652
Status:
Active
Beds:
3
Lot size:
0.11 Acres
Year built:
1907
Baths:
3.00
MLS#:
22415332

ADDITIONAL INFORMATION

Welcome to your ideal investment opportunity in the heart of Red Bank! This spacious three-family property boasts an unbeatable location, offering both convenience and charm. The highlight of this property is the well-appointed one-bedroom unit on the second level, which has been thoughtfully converted from two bedrooms to maximize space and comfort. Inside, you'll find a warm and inviting atmosphere complemented by beamed ceilings, granite counters, and a cozy gas fireplace. French doors lead out to a private rooftop deck, perfect for enjoying the sunshine and taking in the views. On the ground level, you'll discover two separate one-bedroom units, each featuring hardwood floors and high ceilings. Unit 1 also offers a porch space and in unit washer/dryer. The oversized garage provides ample space for parking and storage, with individual lockers for each tenant to keep belongings secure. Investment-wise, this property offers a lucrative opportunity with all units separately metered and tenants responsible for their own utilities. Whether you're looking to live in one unit while collecting rental income from the others or seeking a pure investment venture, this property is primed for success. Location is key, and this property doesn't disappoint. Situated just blocks away from Red Bank's vibrant restaurants, parks, and entertainment options, residents will enjoy easy access to everything this lively community has to offer. Don't miss out on this chance to own a piece of Red Bank's thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional property!

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Monmouth County MLS




Red Bank Real Estate

The median home value in Red Bank, NJ is $613,250. This is higher than the county median home value of $426,900. The national median home value is $219,700. The average price of homes sold in Red Bank, NJ is $613,250. Approximately 43.03% of Red Bank homes are owned, compared to 48.63% rented, while 8.34% are vacant. Red Bank real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Red Bank real estate agent to arrange a tour today!

Red Bank, New Jersey has a population of 12,220. Red Bank is less family-centric than the surrounding county with 26% of the households containing married families with children. The county average for households married with children is 34.28%.

The median household income in Red Bank, New Jersey is $75,114. The median household income for the surrounding county is $91,807 compared to the national median of $57,652. The median age of people living in Red Bank is 36 years.

Red Bank Weather

The average high temperature in July is 82.7 degrees, with an average low temperature in January of 23.9 degrees. The average rainfall is approximately 47.2 inches per year, with 22.7 inches of snow per year.

Red Bank Real Estate Market Conditions

  • Median sales price

    $613,250
    5.71% change since last quarter
  • # Active listings

    63
    30-day change

Red Bank Schools and Demographics

Education near Red Bank, NJ

Metric City County
High School Graduates 78.4 92.84
College Degree - 2 year 5.9 7.13
College Degree - 4 year 40.23 44
Graduate Degree 14.84 12.7
Expenditures per Student 19,720 18,834
Students per Teacher 13.2 14.4

Elementary Schools near Red Bank, NJ

School Grades Students P/T Ratio ZIP
Fairview Elementary School KG - 05 304 13.7 07701
Harmony Elementary School PK - 05 502 13.7 07748
Middletown Village Elementary School KG - 05 413 13.2 07748
New Monmouth Elementary School PK - 05 431 11.5 07748
Nut Swamp Elementary School KG - 05 575 14.6 07748
Ocean Avenue Elementary School KG - 05 279 11.1 07748
Point Road School PK - 04 460 12.4 07739
Red Bank Charter School PK - 08 193 7.1 07701
Red Bank Primary School PK - 03 699 14.9 07701
River Plaza Elementary School KG - 05 325 12.9 07701
Shrewsbury Borough School District PK - 08 482 11.9 07702
Viola L Sickles School PK - 03 414 13.3 07704

Middle Schools near Red Bank, NJ

School Grades Students P/T Ratio ZIP
Knollwood School 04 - 08 592 12.4 07704
Markham Place 05 - 08 385 11.2 07739
Red Bank Middle School 04 - 08 525 13.8 07701
Thompson Middle School 06 - 08 945 13.8 07748

High Schools near Red Bank, NJ

School Grades Students P/T Ratio ZIP
Middletown High School North 09 - 12 1,477 12.8 07748
Middletown High School South 09 - 12 1,425 12.9 07748
Red Bank Regional High School 09 - 12 1,233 11.1 07739

Demographics near Red Bank, NJ

Metric City County
Neighborhood Type Suburban
Population 12,220 627,551
Population Density 6,999 1,340
Median Age 36 42.8
People per Household 2.4 2.7
Median Household Income 75,114 91,807
Average Income per Capita 42,105 46,736