NOT LISTED FOR SALE

11 Wharf Ave Unit 5 Red Bank, NJ 07701

Estimated Value: $1,040,714 - $1,220,000

2 Beds
2.5 Baths
2,071 Sq Ft
$552/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $950,000 $459 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,512/month

11 Days on Market

Highlights

  • River View
  • 0.27 Acre Lot
  • End Unit
  • Red Bank Reg High School Rated A
  • Wood Flooring
  • 2-minute walk to Marine Park

About This Home

As of September 2023

Riverfront upscale condominium community nestled in the heart of downtown Red Bank. Enjoy the water view and beautiful sunsets on the Navesink River from your private balcony in this premium open and spacious end-unit with main living space on top floor. Professionally decorated w/ hardwood floors, large windows, high ceilings, recessed lighting + decorative trim throughout, the home also includes two en-suite bedrooms located on separate floors. The open floor kitchen is complete w/ Viking stainless steel appliances + granite countertops, spacious pantry and laundry room. In-unit elevator, 2 designated parking spaces and separate storage in private garage. Blocks from everything Red Bank has to offer: theater, restaurants, shops and so much more!

Last Agent to Sell the Property

Heddy Pierson

Burke&Manna Real Estate Agency License #1974212 Listed on: 07/31/2023

Last Buyer's Agent

Anita Condouris

Keller Williams Realty East Monmouth License #0897894

Keller Williams Realty East Monmouth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,118

Year Built

  • Built in 2010

Lot Details

  • River Front
  • End Unit

HOA Fees

  • $839 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Veneer
  • Shingle Roof

Interior Spaces

  • 2,071 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Light Fixtures
  • Blinds
  • Living Room
  • Wood Flooring
  • River Views

Kitchen

  • Butlers Pantry
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Exclusions: Personal belongings.
  • Assessor Parcel Number 39-00009-01-00024-0000-C0005

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, snow removal
  • Union Street Vlg Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,118

Year Built

Built in 2010

Lot Details

0

HOA Fees

$839 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Riverview
  • Reso Association Amenities: Professional Management
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Snow Removal
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Garage Door Opener
  • Subdivision Name: Union Street Vlg
  • Architectural Style: End Unit, Townhouse, 2 Story
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Dec Molding, Elevator
  • Year Built: 2010
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Garage Underground Garage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.27
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Siding Brick Veneer: Yes
  • Style Townhouse: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Dec Molding5: Yes
  • Kitchen Floor - Wood4: Yes
  • Kitchen Butler Pantry: Yes
  • Style End Unit: Yes
  • Water Type Riverfront: Yes
  • Foyer Dec Molding2: Yes
  • Lot Description Riverview2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features-Interior:Elevator: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.27
  • Waterfront Features: Riverfront
  • Waterfront: Yes
  • Exclusions: Personal belongings.
  • Construction Type: Brick Veneer
  • Exterior Features: Balcony, Storage

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Common, Covered, Off Street, Underground
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes
  • Parking:Assigned: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 839.46
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 39-00009-01-00024-0000-C0005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 16118.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Sep 15, 2023
Sold by
Trust Of Peter E Ricker
Bought by
Mcgraw Gerard
Seller's Agent
Heddy Pierson
Burke&Manna Real Estate Agency
Buyer's Agent
Anita Condouris
Keller Williams Realty East Monmouth
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Total Days on Market
11
Views
111
Current Estimated Value
$1,142,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,429
Avg. Annual Appreciation
11.12%

Purchase Details

Listed on
Apr 1, 2018
Closed on
Jul 10, 2018
Sold by
11 5 Wharf Ave Trust
Bought by
Ricker Peter E
Seller's Agent
James Whalen
Gloria Nilson & Co. Real Estate
Buyer's Agent
Susan Ricker
O'Brien Realty, LLC
Sold Price
$679,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$475,300
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 17, 2015
Closed on
May 13, 2015
Sold by
Barry Kevin and Barry Mariam C
Bought by
Boute Pamela M and 11 5 Wharf Avenue Trust
Seller's Agent
Patricia Snell
Heritage House Sotheby's International Realty
Buyer's Agent
Jim Whalen
Shire Realty Inc
Sold Price
$651,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%

Purchase Details

Closed on
Sep 29, 2008
Sold by
Union Street Village Developers Llc
Bought by
G S Realty Corp

Purchase Details

Closed on
Jul 12, 2005
Sold by
11 Wharf Avenue Llc
Bought by
Union Street Village Developer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.63%

Purchase Details

Closed on
Sep 20, 1994
Sold by
Vaiti Louis
Bought by
Ave 11 Wharf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
8.43%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcgraw Gerard $950,000 Chicago Title
Ricker Peter E $679,000 Two Rivers Title
Boute Pamela M $651,000 Attorney
G S Realty Corp -- Commonwealth Land Title Insu
Union Street Village Developer -- --
Ave 11 Wharf $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricker Peter E $453,800
Previous Owner Ricker Peter E $475,300
Previous Owner Barry Kevin $270,000
Previous Owner Union Street Village Developer $350,000
Previous Owner Ave 11 Wharf $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $950,000 -4.9% $459 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $999,000 +47.1% $482 / Sq Ft
07/23/2018 07/23/18 Sold $679,000 +4.3% --
05/18/2015 05/18/15 Sold $651,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,475 $926,600 $621,800 $304,800
2023 $15,475 $773,000 $489,500 $283,500
2022 $15,605 $763,900 $489,500 $274,400
2021 $15,605 $697,600 $445,000 $252,600
2020 $16,139 $678,100 $445,000 $233,100
2019 $15,402 $663,600 $435,000 $228,600
2018 $15,020 $651,900 $435,000 $216,900
2017 $14,460 $652,800 $435,000 $217,800
2016 $14,373 $649,500 $435,000 $214,500
2015 $13,752 $641,100 $238,000 $403,100
2014 $12,931 $641,100 $238,000 $403,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22320892

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00009-01-00024-0000-C0005