Mikaela Arpino
NJ Real Estate Boutique, LLC
(862) 860-1682
330 Total Sales
1 in Red Bank
$445,000 Price
159 Bridge Ave Red Bank, NJ 07701
Red Bank AreaEstimated Value: $775,000 - $881,000
3
Beds
2
Baths
1,756
Sq Ft
$468/Sq Ft
Est. Value
About This Home
As of January 2026Prime 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 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.
Last Agent to Sell the Property
Resources Real Estate Brokerage Phone: 732-212-0440 License #0789384 Listed on: 11/14/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,470
Year Built
- Built in 1920
Parking
- 1 Car Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 1,756 Sq Ft Home
- 2-Story Property
- Basement
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Red Bank Prm Elementary School
- Red Bank Middle School
- Red Bank Reg High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: personal belongings
- Tenant pays for gas, electricity
- The owner pays for grounds care, water, snow removal, sewer, garbage removal
- Assessor Parcel Number 39-00075-04-00026
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2025
Closed on
Jan 6, 2026
Sold by
Bought by
Seller's Agent
Allison Gregory
Resources Real Estate
Buyer's Agent
Vincenza Scanzo
Realty Executives Exceptional Kinnelon
List Price
$799,000
Sold Price
$810,000
Premium/Discount to List
$11,000
1.38%
Views
151
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,348
Avg. Annual Appreciation
2.79%
Original Mortgage
$607,500
Outstanding Balance
$603,976
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$218,372
Purchase Details
Closed on
Mar 31, 1997
Sold by
Bought by
Purchase Details
Closed on
Jun 7, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Red Bank, NJ
-
Mikaela Arpino
-
MaryBeth Tomaro
MaryBeth Tomaro
Keller Williams Realty Central Monmouth
(848) 301-2239
90 Total Sales
1 in Red Bank
$258,000 Price
-
Anthony Genovese
Anthony Genovese
VRI Homes
(848) 294-1903
39 Total Sales
1 in Red Bank
$225,000 Price
-
Kevin Daily
Kevin Daily
Coldwell Banker Realty
(848) 294-3778
23 Total Sales
1 in Red Bank
$500,000 Price
-
Danielle Farney
Danielle Farney
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
(848) 294-3619
39 Total Sales
1 in Red Bank
$700,000 Price
-
James Reichard
James Reichard
Two River Realty
(866) 408-2164
9 Total Sales
1 in Red Bank
$335,999 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $810,000 | Forescene Title | ||
| $118,000 | -- | ||
| $90,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $607,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2026 01/13/26 | Sold | $810,000 | +1.4% | $461 / Sq Ft |
| 12/13/2025 12/13/25 | Pending | -- | -- | -- |
| 11/14/2025 11/14/25 | For Sale | $799,000 | -- | $455 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $10,036 | $656,700 | $305,300 | $351,400 |
| 2025 | $10,036 | $550,800 | $215,700 | $335,100 |
| 2024 | $7,776 | $501,300 | $200,000 | $301,300 |
| 2023 | $7,776 | $406,900 | $168,700 | $238,200 |
| 2022 | $5,761 | $375,800 | $147,800 | $228,000 |
| 2021 | $5,761 | $257,700 | $98,500 | $159,200 |
| 2020 | $5,539 | $243,800 | $98,500 | $145,300 |
| 2019 | $5,295 | $239,500 | $98,500 | $141,000 |
| 2018 | $5,122 | $234,200 | $98,500 | $135,700 |
| 2017 | $4,925 | $233,400 | $98,500 | $134,900 |
| 2016 | $4,844 | $229,900 | $98,500 | $131,400 |
| 2015 | $5,607 | $275,800 | $134,300 | $141,500 |
| 2014 | $6,504 | $340,000 | $198,500 | $141,500 |
Source: Public Records
Agents Affiliated with this Home
-
Allison Gregory
A
Seller's Agent in 2026
Allison Gregory
Resources Real Estate
(908) 472-2194
48 Total Sales
-
Vincenza Scanzo
Buyer's Agent in 2026
Vincenza Scanzo
Realty Executives Exceptional Kinnelon
(862) 377-1218
73 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22534487
APN: 39-00075-04-00026
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.
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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