1 month on rocket

89 River St, Red Bank, NJ, 07701

$649,000

Home List Price

$7,707*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,632 SqFt
$398/SqFt
Multi

Location

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89 River St, Red Bank$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved, Off Street, None
Year Built1915
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #22432967
Lot Size0.11 Acres
StatusActive

About 89 River St

Discover a prime turnkey investment opportunity at 89 River Street in Red Bank. This charming multi-family home offers a first-floor unit w/ 2 bedrooms and 1.5 bathrooms, while the second-floor unit includes 1 bedroom and 1 bathroom. Both units have separate gas and electric utilities, with the first-floor unit boasting C/A and a spacious eat-in kitchen equipped with a dishwasher. Situated just off Shrewsbury Avenue, this property is conveniently close to shops, public transportation, and local amenities, making it highly desirable for tenants. Currently, both units are rented on a month-to-month basis, providing immediate income potential. Don't miss the chance to add this profitable asset to your portfolio. Call to schedule a showing today.

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 1,632 SqFt

Listing Office:

  • Office Name: Shore Prime Properties LLC
  • Listing Agent: Michele Irizarry

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Ceramic Tile
  • Interior: Attic - Walk Up

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Paved, Off Street, None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $398/SqFt

Tax Information:

  • Annual Amount: $6,464
  • 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

89 River St vs Red Bank

32 DAYS ON ROCKET

+7 Days

$649,000

+$86.5K More

$398/SqFt

+$18 More

KEY TAKEAWAY

This property is $86.5K more than the Median Sold Price and $18/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: #22432967

Listing Office:

  • Office Name: Shore Prime Properties LLC
  • Listing Agent: Michele Irizarry

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: 12/17/2024, 11:51:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,464$284,500
2019$5,841$273,900
2018$5,841$267,100
2017$5,402$256,000

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-4318671
4
/10

  • Red Bank Primary School

  • 222 River St

  • 0.32 miles

  • Public District Grades PK-3

school-card-donut-4318672
4
/10

  • River Plaza Elementary School

  • 155 Hubbard Ave

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-4318673
5
/10

  • Swimming River School

  • 220 Hance Ave

  • 1.31 miles

  • Public District Grades 4-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,937. Typical income of Red Bank, NJ residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Monmouth County›Red Bank›07701›89 River St

This home is located at 89 River St in Red Bank, NJ and zip code 07701. This 1,632 square foot home, which was built in 1915, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $649,000.

In November 2024 more than 12 listings in Red Bank, NJ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Red Bank, NJ decreased by 7.3% between October 2024 and November 2024. In November 2024 median list price was $562,500 and the average listing age was 25 days.

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

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