Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$558,927
+16.5%
Since Jun 2024
Range: $507,911-$620,873
1 Year
5 Years
Powered by Xome®
Property Facts
86 Tower Hill Dr, Red Bank, NJ is a condo home that contains 1,441 Sq. Ft. and was built in 1981. It contains 2 bedrooms and 2.5 bathrooms. This home last sold for $330,000 on 8/19/2020.
-
County:MONMOUTH
-
Year Built:1981
-
Living Area:1,441 Sq. Ft.
-
Lot Size:1,535 Sq. Ft.
Powered by Xome®
Property History
Price History
Date
Event
Price
Source
8/19/2020
Sold
$330,000
Public Records
7/14/2001
Sold
$230,000
Public Records
6/23/2000
Sold
$215,000
Public Records
1/30/1998
Sold
$137,500
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$8,188 (+4.03%)
$462,500 (+7.93%)
2023
$7,871 (+3.65%)
$428,500 (+9.26%)
2022
$7,594 (0%)
$392,200 (+15.52%)
2021
$7,594 (0%)
$339,500 (+10.8%)
2020
$7,594 (+59.84%)
$306,400 (+1.36%)
Powered by Xome®
Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
289 Main St #15A
Spotswood, NJ 08884
This Property
-
672 Sq. Ft.
1964 Year Built
1
289 Main Street Unit 6F
Spotswood, NJ 8884
$165,000
1 Bed
1 Bath
0 Sq. Ft.
1900 Year Built
2
289 Main Street Unit 10H
Spotswood, NJ 8884
$214,000
2 Bed
1 Bath
868 Sq. Ft.
1964 Year Built
3
289 Main Street Unit 8E
Spotswood, NJ 8884
$160,000
1 Bed
1 Bath
672 Sq. Ft.
1964 Year Built
4
289 Main Street Unit 2N
Spotswood, NJ 8884
$109,000
1 Bed
1 Bath
672 Sq. Ft.
1964 Year Built
5
289 Main Street Unit 2C
Spotswood, NJ 8884
$150,000
1 Bed
1 Bath
644 Sq. Ft.
1964 Year Built
6
289 Main Street Unit 6K
Spotswood, NJ 8884
$150,000
1 Bed
1 Bath
756 Sq. Ft.
1964 Year Built
7
289 Main Street Unit 5B
Spotswood, NJ 8884
$165,000
1 Bed
1 Bath
644 Sq. Ft.
1964 Year Built
8
44 South Street
Spotswood, NJ 8884
$340,000
2 Bed
2 Bath
658 Sq. Ft.
1928 Year Built
9
289 Main Street
Spotswood, NJ 8884
$160,000
1 Bed
1 Bath
672 Sq. Ft.
1964 Year Built
10
81 Vliet Street
Spotswood, NJ 8884
$510,000
3 Bed
2 Bath
0 Sq. Ft.
1900 Year Built
Sales in a non-disclosure state
Powered by Xome®
Market Trends
Elberfeld
47613
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
May 2024
$540,000
Apr 2025
$610,000
Change
+13%
1 Year
2 Years
5 Years
No data for current time range.
Select another range option.
Select another range option.
Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.
1 Year
2 Years
5 Years
No data for current time range.
Select another range option.
Select another range option.
Average Days on Market
Average Days on Market represents the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
May 2024
72 Days
Apr 2025
94 Days
Change
+30.6%
1 Year
2 Years
5 Years
No data for current time range.
Select another range option.
Select another range option.
Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
No data for current time range.
Select another range option.
Select another range option.
Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
No data for current time range.
Select another range option.
Select another range option.
Powered by Xome®
Area Statistics
People
ZIP (07701)
City (Red Bank)
Population
23,874
12,825
Population Density
2,568.5
7,345.4
People Per Household
2.3
2.1
Median Age
42.7
39.1
Median Household Income
$102,191
$80,781
Average Income
$68,149
$62,234
Economy
ZIP (07701)
City (Red Bank)
Unemployment
2.70%
2.70%
Recent Job Growth
2.41%
2.41%
Future Job Growth
49.57%
49.57%
Sales Tax
6.63%
6.63%
Income Tax
5.53%
5.53%
Cost of Living Index
137.2
129.9
Environment
ZIP (07701)
City (Red Bank)
Altitude
26
39
Rainfall (Inches Annually)
47.4
47.4
Snowfall (Inches Annually)
26.4
26.4
January Avg. Low Temp
24.4
24.4
July Avg. High Temp
83.6
83.6
Days of Precipitation Annually
115
115
Days Mostly Sunny Annually
209
207
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
4-8
0.3 mi
9-12
0.9 mi
PK-3
1.4 mi
K-10
0.5 mi
9-12
0.5 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
