NOT LISTED FOR SALE

120 Branch Ave Red Bank, NJ 07701

Estimated Value: $912,000 - $967,000

5 Beds
4 Baths
2,860 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $691,000 $242 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,304/month

5 Days on Market

Highlights

  • 0.25 Acre Lot
  • Attic
  • Shed
  • Red Bank Reg High School Rated A
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

FABULOUS OPPORTUNITY IN RED HOT RED BANK! Beautifully kept duplex w/ deep yard & fantastic parking set in walking distance to downtown/shopping/dining! Live in one side & rent the other OR purchase as an investment. 120 feat. an expansive open layout w/ an eat-in kitchen, family rm w/ sliders to rear patio & yard, living rm, dining area & powder rm. 3 large BRs w/ great closet space & newly updated full bath w/ glass encl. shower, tub & beautiful tile work. 124 features a newer eat-in kitchen w/ access to rear patio, powder rm & yard & spacious family rm w/ oversized windows, plus 2 large BRs & full bath. Full bsmt w/ HIGH CEILING & bilco access divided for storage + divided attic w/ sep. access. NEW ROOF ('20), NEW HVAC BOTH UNITS ('19), NEW HWH. Separate laundry. Separate utilities.

Last Agent to Sell the Property

Mario Venancio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9134686 Listed on: 08/20/2021

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Mario Venancio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9134686 Listed on: 08/20/2021

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,244

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50 x 220

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,860 Sq Ft Home
  • 1-Story Property
  • Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • No Garage
  • Common or Shared Parking
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

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
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for yard maintenance, water, snow removal, heat, gas, electricity
  • Assessor Parcel Number 39-00111-0000-00018-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,244

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Interior Features: Attic
  • Year Built: 1965
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 220
  • Location Middle School: Red Bank
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Garage None4: Yes
  • SidingBrick: Yes
  • Exterior Shed3: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Basement Tenant Storage: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.25
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Paved, Common, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 50 x 220
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 39-00111-0000-00018-01
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Yard Maintenance, Water, Snow Removal, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10244.0
  • Tax Other Annual Assessment Amount: 450900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 1, 2021
Sold by
Richards Thomas M and Richards Rosemary
Bought by
Jensen Dan
Seller's Agent
Mario Venancio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
List Price
$649,000
Sold Price
$691,000
Premium/Discount to List
$42,000
6.47%
Current Estimated Value
$941,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,370
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Feb 13, 2013
Sold by
Richards Thomas M
Bought by
Richards Thomas M and Richards Rosemary
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Jensen Dan $691,000 Two Rivers Title Co Llc
Richards Thomas M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $691,000 +6.5% $242 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $649,000 -- $227 / Sq Ft
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
2025 $14,219 $852,100 $391,800 $460,300
2024 $14,619 $752,700 $310,800 $441,900
2023 $14,619 $765,000 $310,800 $454,200
2022 $10,563 $530,500 $263,800 $266,700
2021 $10,563 $472,200 $229,400 $242,800
2020 $10,244 $450,900 $229,400 $221,500
2019 $9,795 $443,000 $229,400 $213,600
2018 $9,573 $437,700 $229,400 $208,300
2017 $9,153 $433,800 $229,400 $204,400
2016 $8,460 $401,500 $201,200 $200,300
2015 $10,964 $539,300 $268,100 $271,200
2014 $11,600 $606,400 $303,500 $302,900
Source: Public Records

Agents Affiliated with this Home

  • Mario Venancio

    Seller's Agent in 2021

    Mario Venancio

    BHHS Fox & Roach

    (732) 881-4306

    15 in this area

    410 Total Sales

    Mario Venancio
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22127716

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00111-0000-00018-01

New Jersey Monmouth County Red Bank 07701

120 Branch Ave, Red Bank, NJ

This home is located at 120 Branch Ave, Red Bank, NJ 07701 since 20 August 2021 and is currently estimated at $941,370, approximately $329 per square foot. This property was built in 1965. 120 Branch Ave is a home located in Monmouth County with nearby schools including Red Bank Primary School, Red Bank Middle School, and Red Bank Reg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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