$599,000 - $702,000
RENTED SEP 4, 2025

16 Oldfield Place Red Bank, NJ 07701

1 Bed
1 Bath
1,000 Sq Ft
$632 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Multiple cooling system units
  • Red Bank Reg High School Rated A
  • No HOA
  • Living Room

About This Home

As of September 2025

1 bedroom/1 bath apartment in Multi-Unit building located in the historic downtown district of Red Bank. This unit has allot of modern finishes including mosaic flooring, subway tile work and hardwood floors. Direct access from inside this apartment to partially finished basement with shared laundry also adds convenience. Parking is available on street or off; with assigned parking spots. Short walk to downtown Broad St and everything Red Bank has to offer. Application packages include credit report, 2 most recent paystubs OR 1099/W2s. RentSpree also acceptable

Last Agent to Rent the Property

Christopher Moran

Melrose Realty, LLC License #1431460 Listed on: 08/08/2025

Last Renter's Agent

Linda Courey-Degnan

Keller Williams Realty Spring Lake License #2186977

Keller Williams Realty Spring Lake

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,818

Year Built

  • Built in 1937

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

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

Parking

  • No Garage
  • Assigned Parking

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,850
  • Property Available on 9/1/25
  • Assessor Parcel Number 39-00022-01-00002

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,818

Year Built

Built in 1937

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-09-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1937
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.11
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • Contract Info Available Date: 2025-09-01
  • Maintenance Fees Security Deposit3: 2850.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 1
  • Living Room Floor - Wood Floor2: Yes
  • Allowable:Cats OK: Yes
  • Allowable:Dogs OK: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.11
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 39-00022-01-00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 24, 2021
Sold by
Cahill David
Bought by
10 12 Oldfield Place Llc
Seller's Agent
Christopher Moran
Melrose Realty, LLC
Buyer's Agent
Nancy Golden
Weichert Realtors-Rumson
Sold Price
$21,000
Current Estimated Value
$632,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,097
Original Mortgage
$380,000
Outstanding Balance
$340,816
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$291,281

Purchase Details

Closed on
Dec 31, 2019
Sold by
Chierichella Rocco
Bought by
Cahill David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2014
Sold by
Stewart Gerald L
Bought by
Chierichella Rocco

Purchase Details

Closed on
Sep 11, 2014
Sold by
Stewart Gerald L and Stewart Susie M
Bought by
Stewart Gerald L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
10 12 Oldfield Place Llc -- Associated Title Agency Llc
10 12 Oldfield Place Llc -- Associated Title Agency Llc
Cahill David $330,000 Associated Title Agency
Chierichella Rocco $160,000 Multiple
Stewart Gerald L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 10 12 Oldfield Place Llc $380,000
Previous Owner Cahill David $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Rented $22,800 +1100.0% --
08/14/2025 08/14/25 Under Contract -- -- --
08/08/2025 08/08/25 For Rent $1,900 -91.0% --
03/30/2021 03/30/21 Rented $21,000 +1100.0% --
02/17/2021 02/17/21 Under Contract -- -- --
02/03/2021 02/03/21 For Rent $1,750 +9.4% --
06/26/2019 06/26/19 Rented $1,600 +1.6% --
05/31/2018 05/31/18 Rented $1,575 +1.6% --
06/01/2017 06/01/17 Rented $1,550 -90.8% --
04/24/2015 04/24/15 Rented $16,800 -- --
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 $8,818 $532,300 $395,000 $137,300
2024 $8,250 $466,800 $335,000 $131,800
2023 $8,250 $431,700 $303,500 $128,200
2022 $7,644 $410,200 $287,500 $122,700
2021 $7,644 $341,700 $230,000 $111,700
2020 $7,161 $315,200 $230,000 $85,200
2019 $6,912 $312,600 $230,000 $82,600
2018 $6,769 $309,500 $230,000 $79,500
2017 $6,520 $309,000 $230,000 $79,000
2016 $6,450 $306,100 $230,000 $76,100
2015 $5,566 $273,800 $162,000 $111,800
2014 $5,238 $273,800 $162,000 $111,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22524009

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00022-01-00002