171-173 Bridge Ave Red Bank, NJ 07701
Estimated payment $5,992/month
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Cooling Available
- Red Bank Regional High School Rated A
- Thermal Windows
- Forced Air Heating System
About This Home
Great Investment Opportunity in Red Hot Red Bank! Fully rented 3-family home ideally located on the west side of Red Bank, New Jersey. Just a short walk to the train station and bustling downtown, this property offers strong rental income and excellent long-term growth potential. A perfect opportunity for investors looking to own in one of the most sought-after markets along the Jersey Shore. Home could use renovating.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,320
Lot Details
- 7,405 Sq Ft Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Off-Street Parking
Home Design
- Triplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,530 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Basement Fills Entire Space Under The House
- Walkup Attic
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Linoleum
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
Schools
- Red Bank Prm Elementary School
- Red Bank Middle School
- Red Bank Reg High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- The owner pays for grounds care
- Assessor Parcel Number 39-00075-04-00040
Map
Home Values in the Area
Average Home Value in this Area
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 | $15,320 | $848,000 | $215,700 | $632,300 |
| 2024 | $13,035 | $811,000 | $200,000 | $611,000 |
| 2023 | $13,035 | $682,100 | $168,700 | $513,400 |
| 2022 | $11,731 | $639,200 | $147,800 | $491,400 |
| 2021 | $11,731 | $524,400 | $98,500 | $425,900 |
| 2020 | $11,067 | $487,100 | $98,500 | $388,600 |
| 2019 | $10,387 | $469,800 | $98,500 | $371,300 |
| 2018 | $9,973 | $456,000 | $98,500 | $357,500 |
| 2017 | $9,501 | $450,300 | $98,500 | $351,800 |
| 2016 | $5,714 | $271,200 | $98,500 | $172,700 |
| 2015 | $6,278 | $308,800 | $134,300 | $174,500 |
| 2014 | $7,135 | $373,000 | $198,500 | $174,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | Price Changed | $899,000 | -2.8% | $355 / Sq Ft |
| 10/15/2025 10/15/25 | For Sale | $925,000 | -- | $366 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $460,000 | Attorney | |
| Deed | $225,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $345,000 | Commercial | |
| Previous Owner | $218,559 | FHA |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22531053
APN: 39-00075-04-00040
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