2 months on rocket

43 Tower Hill Ave, Red Bank, NJ, 07701

$829,000

Home List Price

$9,844*

Closing Credit

2 Bedrooms
1 Full Bath
1,908 SqFt
$434/SqFt
Multi

Location

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43 Tower Hill Ave, Red Bank$829,000

Buyer Closing Credits

$9,844*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingSee Remarks, Other, Off Street, Unpaved, Detached, Storage
Garage2 spaces
Year Built1907
HeatingForced Air, Zoned
CoolingCentral Air
BasementYes
MLS #22429466
Lot Size0.23 Acres
StatusActive

About 43 Tower Hill Ave

Fantastic two family colonial investment property located within short distance to downtown Red Bank. Beautifully updated and remodeled with both apartment presently rented. Great detached two car garage has a loft. Fenced private patio area for the first floor apartment. First floor two bedroom apartment has a large eat-in kitchen, stainless steel appliances, high ceilings and beautiful hardwood floors. The second floor 1 bedroom apartment has a large eat-in kitchen & walk-up attic for all of your storage needs. Possible opportunity to convert this back to a single family home, if desired. Full unfinished basement with bilco doors. Sq footage taken from tax records. All rm sizes are approximate.

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Living Area: 1,908 SqFt

Listing Office:

  • Office Name: Heritage House Sotheby's International Realty
  • Listing Agent: Elaine Eadon

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Ceramic Tile, Other
  • Interior: Attic

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fence, Patio, Storm Door(s), Thermal Window, Recreation Area, Screens, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: See Remarks, Other, Off Street, Unpaved, Detached, Storage

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $829,000
  • Price Per SqFt: $434/SqFt

Tax Information:

  • Annual Amount: $11,826
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Red Bank, NJ.

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Red Bank, NJ

City

Med. Sold Price

$562.5K

Med. Price/SqFt

$379

Avg. Days On Market

25

# of Sold Homes

19

43 Tower Hill Ave vs Red Bank

74 DAYS ON ROCKET

+49 Days

$829,000

+$266.5K More

$434/SqFt

+$54 More

KEY TAKEAWAY

This property is $266.5K more than the Median Sold Price and $54/SqFt more than other homes in Red Bank, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22429466

Listing Office:

  • Office Name: Heritage House Sotheby's International Realty
  • Listing Agent: Elaine Eadon

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 1:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 27, 2007Home Sold
$575,000
Sep 20, 2004Home Sold
$525,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,826$520,500
2019$11,035$513,200
2018$11,036$504,600
2017$11,253$533,300

History based on county public records data.

Payment Calculator

$4,205

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,552

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1197595
4
/10

  • Red Bank Primary School

  • 222 River St

  • 1.28 miles

  • Public District Grades PK-3

school-card-donut-1197596
4
/10

  • River Plaza Elementary School

  • 155 Hubbard Ave

  • 1.62 miles

  • Public District Grades KG-5

school-card-donut-1197597
10
/10

  • Point Road School

  • 357 Little Silver Point Rd

  • 1.65 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,065. The most common annual income of people living in Red Bank, NJ is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Monmouth County›Red Bank›07701›43 Tower Hill Ave

This home is located at 43 Tower Hill Ave in Red Bank, NJ and zip code 07701. This 1,908 square foot home, which was built in 1907, sits on a 0.23 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $829,000.

In November 2024, from all listings sold in Red Bank, NJ there were more than 12 sold above asking price, over 3 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Red Bank, NJ decreased by 7.3% between October 2024 and November 2024. Listings spent 25 days on the market in November 2024, and had a median list price of $562,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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