Property
Red Bank, NJ 07701 21 Washington Street
$1,650,000
63 more
Presented By: Eva G Acevedo, RE/MAX First Class
Beds • 9
SQFT • 2,460
Home Details
Exceptional investment opportunity in thriving Red Bank, one of Monmouth County's most desirable rental markets. This cash-flowing multi-family property sits on a rare double lot and features four fully leased rental units across two separate buildings — ideal for long-term investors or 1031 exchange buyers.
The front building has two units:
Unit A: 2 bedrooms, living room, kitchen, full bath, family room & a partial basement.
Unit B: 3 bedrooms, Living Rm, Kitchen & bath.
The rear building, was converted into two Apts in 1987, Each unit offers 2 bedrooms, living rm, kitchen, & bath. All pay their own utilities & each have 2 onsite dedicated parking spaces. providing added appeal. Strategically located just a block away from Riverview Medical Center & Downtown Red Bank! Sold AS-IS.
Presented By: Eva G Acevedo, RE/MAX First Class
Interior Features for 21 Washington Street
Bedrooms
Total Bedrooms9
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
BasementPartial, Tenant Acc
Basement (Y/N)Yes
FlooringSee Remarks, Ceramic Tile
Heating Y/NYes
Heating-BaseboardTrue
Total Fireplaces1
General for 21 Washington Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityRed Bank
CoolingMulti Units
CountyMonmouth
DirectionsE Front St to Washington St
Elementary SchoolRed Bank Prm
ExclusionsTenant's Personal Property
Full Baths4
Garage Spaces0.0
Garage Y/NNo
HeatingBaseboard
High SchoolRed Bank Reg
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet9583.2
Lot Size UnitsAcres
MLS AreaNone
MLS Area MinorRed Bank (RED)
Middle/Junior High SchoolRed Bank
MobileHomeRemainsYNNo
ModificationTimestamp2025-08-04T22:06:07Z
New ConstructionNo
Number Of Units Total4
OwnerPaysGrounds Care, Snow Removal
Patio/Porch FeaturesPatio
Property SubtypeMultiple Buildings
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNone
Tax Annual Amount16164.0
Tax Year2024
TaxOtherAnnualAssessmentAmount996400.0
Tenant PaysHot Water, Water, Sewer, Heat, Gas, Electricity
Water Body Access Y/NNone
Year Built1925
Zoning DescriptionResidential, Multi-Family
Exterior for 21 Washington Street
Building Area Total2460.0
Crops Included Y/NNo
FencingFence
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions80 x 122
Lot FeaturesFenced Area, Level
Lot Size Acres0.22
Lot Size Area0.22
Parking FeaturesPaved, See Remarks, Off Street, None, Assigned
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Red Bank Reg High School
Elementary School
Red Bank Prm Elementary School
Middle School
Red Bank Middle School
Tina Torres
Broker/Owner