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Red Bank

Red Bank

Located in Monmouth County

$732,548 Average Value
$401 Average Price per Sq Ft
8 Homes For Sale

Small and vibrant borough with good walkability

Red Bank sits on the scenic Navesink River, just 15 minutes from the Atlantic Ocean and popular beaches. There are no in-town beaches, but Red Bank is a destination for its trendy walkable town and lively cultural scene.

River Giberson, an experienced agent who owns C21 Thomson & Co., moved here in 2014. “I wanted a slower pace but still be close to NYC, he shares. “I also wanted great restaurants, shopping and walkability.” His clients move here for the same reasons. “I’ve seen a huge influx of young professionals from Manhattan, Brooklyn, Jersey City and Hoboken since the pandemic started,” he adds, noting that the town’s proximity to beaches is another draw.

Red Bank is a coastal borough lining Navesink and Shrewsbury Rivers.
Red Bank is a coastal borough lining Navesink and Shrewsbury Rivers.
Anytime of year is perfect for relaxing by the river in Red Bank and taking it all in.
Anytime of year is perfect for relaxing by the river in Red Bank and taking it all in.
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Trendy spots within walking distance

Dozens of businesses are found along Broad Street, as well as Monmouth, White and West Front streets.

These include diverse restaurants, boutiques and art galleries. Giberson mentions favorite local spots include Birravino, a rustic spot serving beer and authentic Italian food. JBJ Soul Kitchen is rocker Jon Bon Jovi’s labor of love, a donation-based community restaurant. Coffee Corral is hugely popular for its house-roasted beans and live music, representing a growing number of businesses on the west side of town. Locals also hang out at laid-back Jamian’s Food and Drink for live entertainment along with casual Red Rock, taking advantage of its outdoor waterfront decks and live music in the summer.

For culture, Count Basie Center for the Arts shows everything from musicals to comedy and Two River Theater Company is a professional regional theater company that performs plays.

Shopping includes tons of antique stores, familiar chains and on-trend independent shops, like Jay and Silent Bob’s Secret Stash, a destination comic book store owned by filmmaker Kevin Smith.

For additional shopping, more chains are found in Middletown and Eatontown, while The Grove at Shrewsbury is an outdoor mall just outside of town.

Jay & Silent Bob's Secret Stash in Red Bank is arguably New Jersey's most famous comic store.
Jay & Silent Bob's Secret Stash in Red Bank is arguably New Jersey's most famous comic store.
Jack's Music Shoppe is a neighborhood staple.
Jack's Music Shoppe is a neighborhood staple.
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Year-round community events

Red Bank likes to celebrate all year long, from its annual Sidewalk Sale to its Christmas tree lighting and parade. And summer brings Broadwalk, turning parts of Broad Street into a pedestrian-only hangout for outdoor dining.

Older colonials and waterfront townhomes

Red Bank fits into 1.75 miles, so most homes are within walking distance of local businesses. The housing stock comprises early 19th-century colonials and most are on smaller lots. Giberson mentions how there’s been a lot of new development on the west side, including the Azalea Red Bank, a luxury townhome community. However, Giberson adds that west side properties generally remain more affordable.

Single-family homes range between $450,000 and $900,000. There are more than a dozen condos, with one-bedrooms starting at $400,000. Although a new condo building, Southbank at the Navesink, has units starting at $2.2 million. The overall median housing price is $550,000, with prices ranging from $265,000 to $2.2 million.

Red Bank features townhomes for sale, with ths property including a gated community.
Red Bank features townhomes for sale, with ths property including a gated community.
Red Bank features colonial style homes.
Red Bank features colonial style homes.
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Public schools with close-knit community

Public school students start at Red Bank Primary School for pre-kindergarten through third grade, ranked a five out of 10 by Great Schools. They move on to Red Bank Middle School for grades four through eight, graded a four out of 10 by Great Schools. Grades nine through 12 attend Red Bank Regional High School, rated an A by Niche. Red Bank Charter School is another public school option, a lottery-based program with a waitlist for students in pre-kindergarten through eighth grade.

Welcome to Red Bank Primary School.
Welcome to Red Bank Primary School.
Red Bank Middle School serves grades 4-8.
Red Bank Middle School serves grades 4-8.
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Waterfront parks with town events

The waterfront is a big part of the town’s appeal, where it’s possible to go boating, kayaking or fishing for blue claw crabs. Riverside Gardens Park is the town’s most popular, offering summer concerts and moonlit movies. Marine Park is just to the east and meanders along the waterfront and marina.

Red Bank residents love the water views in the Riverside Gardens Park.
Red Bank residents love the water views in the Riverside Gardens Park.
The Riverside Gardens Park is a beautiful waterfront park in Red Bank.
The Riverside Gardens Park is a beautiful waterfront park in Red Bank.
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NYC direct train in town

Red Bank is centrally located in Monmouth County, 10 minutes from the Jersey Shore and approximately an hour from New York City and Philadelphia. Red Bank Train Station provides NJ Transit service to Penn Station in as fast as an hour and 15 minutes. The Seastreak ferry in nearby Highlands is another option, reaching Wall Street in 40 minutes.

The Red Bank train station can take you to New York City in around an hours travel time.
The Red Bank train station can take you to New York City in around an hours travel time.
Nearby Highlands has the Seastreak Ferry for easy NYC commute in Red bank.
Nearby Highlands has the Seastreak Ferry for easy NYC commute in Red bank.
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Tina Davis
Written By
Tina Davis
Rich Walker
Photography Contributed By
Rich Walker
Luke Mancari
Video By
Luke Mancari

Interested in learning more about homes in this area? Reach out to Lara Krall, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Red Bank Housing Trends

Housing Trends

Median List Price
$450,000
Median Sale Price
$450,000
Median Single Family Sale Price
$749,999
Median 2 Bedroom Sale Price
$545,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
35
Median Home Sale Price YoY Change
14%
Average Price Per Sq Ft
$401

Neighborhood Facts

Number of Homes in Neighborhood
3,256
Number of Homes for Sale
8
Median Year Built
1963
Months of Supply
2.70
Average Single Family Home Size Sq Ft
3,828
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
1,392
Average 2 Bedroom Size Sq Ft
1,586
Average 1 Bedroom Size Sq Ft
754
Median Lot Size Sq Ft
5,227

Open Houses

  • Saturday, Aug 2
    12 - 2pm

    59 Peters Place, Red Bank, NJ 07701

    $999,000

    • 5 Beds
    • 5 Baths
    • 3,976 Sq Ft
    • 59 Peters Place

    Embrace the vibrancy of Red Bank town while staying just moments to the Jersey Shore. Conveniently situated near the Red Bank train station, this classic, renovated colonial offers three stories of thoughtfully designed living space and a heated finished lower level with a powder room. Perfect for families of all sizes and multigenerational living. Enjoy sun-drenched rooms, gleaming hardwood

    Susan Natale Coldwell Banker Realty

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Red Bank Has More Renters

Demographics

Total Population
12,485
Median Age
40
Population under 18
23.3%
On par with the national average
23.8%
Population over 65
17.7%
On par with the national average
19.1%

Finances

Median Household Income
$86,446
Above the national average
$71,702
Average Household Income
$120,908

Education and Workforce

High School Graduates
90.6%
College Graduates
50.5%
Above the national average
34.1%
Advanced Degrees
22%
Above the national average
13.3%
% Population in Labor Force
71.2%

Weather

Annual Precipitation
52''
Average Winter Low Temperature
25°F
Average Summer High Temperature
84°F
Annual Snowfall
23''

Area Factors

Bikeable

Bike Score®®

62 / 100

Walker's Paradise

Walk Score®®

96 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Red Bank
Lara Krall
Bottone Realty Group Inc
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