89 River Street

Red Bank, NJ 07701

$649,000
Price
3
Beds
1,632 Sq. Ft.
$398 / Sq. Ft.
1,632
Sq. Ft.
$398
per Sq. Ft.

Description

Coming Soon ~ 11/22 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,...Coming Soon ~ 11/22 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.
  1. Listed by Michele Irizarry • Shore Prime Properties LLC

Property Details for 89 River Street

Complex/Subdivision
None
Waterview
No
Directions
Shrewsbury Ave to River St.
LISTING UPDATED: 11/15/2024 03:09 PM

Property Details for 89 River Street

StatusComing Soon
MLS #22432967
Days on Market-
Taxes$6,925 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Family
Year Built1915
Lot Size0.11 AC / 4,791 SF
CountyMonmouth County

Building Information for 89 River Street

Stories2Residences2Year Built1915Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 89 River Street

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Red Bank
  • State: NJ
  • Municipality: Red Bank (RED)
  • # Units in Bldg: 2
  • Block: 78
  • Apx Year Built: 1915.0
Parking
  • Garage: None
  • Parking: Off Street, Paved
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 39-00078-0000-00009
  • Taxes: $6,925.00
  • Tax Year: 2023
Property
Lot Information
  • Apx SqFt: 1632.0
  • # Acres: 0.11
  • Lot: 9
  • Lot Dimensions: 37 x 128
  • Lot Description: Level
Property and Assessments
  • Assessment - Total: 498800.0
  • Assessment - Improvements: 298800.0
  • Assessment Status: Assessed
  • Asmnt - Land: 200000.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Two Family
Utilities
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Shingled
Interior Features
  • Interior: Attic - Walk Up
  • # Levels: 2
  • Basement: Full
  • Excluded: Tenants' personal belongings
  • Floors: Ceramic Tile, Wood
  • Bedrooms: 3
  • Siding: Vinyl
Multi Family
Unit 1
  • Unit 1: Dishwasher, Refrigerator, Gas Meter, Gas Stove, Furnace, Electric Meter
  • Unit 1: # Bedrooms: 2
  • Unit 1: # Full Baths: 1
  • Unit 1: # Half Baths: 1.0
  • Unit 1: Rent: $2,200.00
Unit 2
  • Unit 2: Electric Meter, Gas Stove, Furnace, Gas Meter
  • Unit 2: # Bedrooms: 1
  • Unit 2: # Full Baths: 1
  • Unit 2: Rent: $800.00
Income & Expenses Information
  • Landlord Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Property History for 89 River Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 89 River Street

Taxable ValueLand$124,900Additions$237,500Total$362,400
Tax Record2022$6,866 ($572 / month)
Home Facts
Beds5Total Finished SqFt1,632 SqFtAbove Grade Finished SqFt1,632 SqFtStories2Lot Size4,736 SqFtStyleSingle Family ResidenceYear Built1915CountyMONMOUTHAPN39 00078-0000-00009

Schools near 89 River Street

This home is within Red Bank Borough Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
Red Bank Primary School
PublicPK to 3

Red Bank Middle School
Public4 to 8

Red Bank Reg High School
Public9 to 12

West Side Christian Academy
Private1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shore Prime Properties LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.