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62 Richard Ter, Red Bank, NJ, 07701

$699,000

Home List Price

$8,301*

Closing Credit

4 Bedrooms
2 Full Baths
1,544 SqFt
$453/SqFt
House

Location

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62 Richard Ter, Red Bank$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street, Direct Access
Attached Garage1 space
Year Built1956
HeatingNatural Gas, Baseboard
CoolingCentral Air
BasementYes
MLS #22430788
Lot Size0.22 Acres
StatusActive

About 62 Richard Ter

Welcome to this charming four-bedroom, two-bath split-level home in the desirable Shorecrest neighborhood of Middletown. The main level features vaulted ceilings and hardwood floors, with an updated kitchen showcasing granite countertops and stainless steel appliances. The dining room offers sliding doors that lead to an enclosed porch, overlooking a spacious yard with a large paver patio—perfect for entertaining. Recent updates include a new roof, furnace, and hot water heater. The lower level includes a cozy family room with garage access, a fourth bedroom, and another full bath, along with an unfinished basement for added potential. Upstairs, you'll find three additional bedrooms and another full bath. This home is perfect for families or those who love to host!

Property Details

Property Features

Property Information:

  • Architectural Style: Split Level
  • Year Built: 1956
  • Stories: 3
  • Living Area: 1,544 SqFt

Listing Office:

  • Office Name: Diane Turton, Realtors-Rumson
  • Listing Agent: Frances Dunn

Interior Features

Interior Information:

  • Appliances: Washer, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator
  • Basement: Yes
  • Interior: Attic, Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Sliding Door, Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence, Patio, Porch - Enclosed, Storage

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, On Street, Direct Access

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $453/SqFt

Tax Information:

  • Annual Amount: $8,043
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$554K

Med. Price/SqFt

$378

Avg. Days On Market

25

# of Sold Homes

24

62 Richard Ter vs Red Bank

31 DAYS ON ROCKET

+6 Days

$699,000

+$145K More

$453/SqFt

+$74 More

KEY TAKEAWAY

This property is $145K more than the Median Sold Price and $74/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: #22430788

Listing Office:

  • Office Name: Diane Turton, Realtors-Rumson
  • Listing Agent: Frances Dunn

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: 11/24/2024, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 09, 2013Home Sold
$380,000
Feb 22, 2013Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,043$376,200
2019$7,419$375,400
2018$7,420$342,400
2017$7,116$325,100

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-1105207
8
/10
  • Fairview Elementary School

  • 230 Cooper Rd

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-1105208
4
/10
  • River Plaza Elementary School

  • 155 Hubbard Ave

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-1105209
4
/10
  • Red Bank Primary School

  • 222 River St

  • 1.68 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,418. Most Red Bank, NJ residents have annual incomes between $100k-200k. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 62 Richard Ter

What is the listing price of this property?

The listing price of 62 Richard Ter property is $699,000.

What type of property is this?

The property 62 Richard Ter is a house located in Red Bank, New Jersey, 07701.

Is this property for sale now?

Active Listing: 62 Richard Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,043 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 9, 2013 for $380,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 62 Richard Ter has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 62 Richard Ter is 1,544 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 62 Richard Ter is 1956.

Rocket HomesNew JerseyMonmouth CountyRed Bank0770162 Richard Ter

This home is located at 62 Richard Ter in Red Bank, NJ and zip code 07701. This 1,544 square foot home, which was built in 1956, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $699,000.

Red Bank, NJ housing market in October 2024 saw over 11 listings sold above listed price, more than 4 sold at listed price and over 9 sold below. The median list price of listings available in October 2024 was $554,000, while the average time on the real estate market was 25 days.

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

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