Prime Red Bank Two-Family Home - Location, Flexibility & Investment Potential. Discover this charming and versatile Victorian Duplex perfectly positioned less than 0.2 miles from the Red Bank train station and the heart of downtown. Enjoy a picturesque front porch, fenced-in yard and an attached over sized 1 car garage—all… Read More in one of Red Bank's most desirable neighborhoods. First Floor Unit A; spacious two-bedroom apartment featuring hardwood floors, eat-in kitchen with vaulted ceilings, full bath, in-unit laundry, and direct access to a large basement with high ceilings ideal for storage or workspace. This unit also connects to the garage, offering convenience. Second Floor Unit B; The home's charming turret—showcasing colorful stained-glass windows- opens into a comfortable one-bedroom apartment complete with a full kitchen, bath and private laundry. Above, a walk-up finished attic adds impressive extra space ideal for a home office, hobby room, or flexible living needs. Investment & Lifestyle Advantages. This property is not subject to Red Bank's rent-control regulations, offering strong investment appeal and rental income potential. Ideal for owner-occupants seeking help with their mortgage or investors looking for stable returns. The configuration also provides the option to convert the property into a single-family residence if desired. Unmatched Location With Major Growth Ahead. Situated right at the edge of downtown's vibrant arts, dining, retail, and theater district, the home sits steps away from one of the most transformative redevelopment projects in Red Bank's history: Denholtz's 13-acre NJ Transit train-yard conversion into high-end residential and retail space. This significant investment is expected to further elevate the area and expand the downtown footprintmaking this already prime location even more desirable. Read Less
Courtesy of Allison Gregory, Resources Real Estate.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Duplex
Beds
3
Full Baths
2
Square Ft.
1,756
Year Built
1920
MLS Number
22534487
30 Days Snapshot Of 07701
$717k
-13%
(avg) sold price
27
-3%
homes sold
66
-45%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
"Other"
Building
Built in 1920, Building area total: 1,756
Cooling
"Central Air"
Garage
1 space
Parking
"Off Street", "On Street"
Roof
"Shingle"
Sewer
"Public Sewer"
Taxes
Tax annual amount: $9,470, Tax year: 2024
Tenant Pays
Tenant pays: "Gas", "Electricity"
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