NOT LISTED FOR SALE

208 Drs James Parker Blvd Red Bank, NJ 07701

Estimated Value: $683,000 - $828,000

-- Bed
3 Baths
1,400 Sq Ft
$525/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $360,000 $257 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,773/month

22 Days on Market

Highlights

  • Air Conditioning
  • Forced Air Heating System
  • 1-minute walk to Johnny Jazz Park
  • Red Bank Regional High School Rated A

About This Home

As of December 2017

EXCELLENT INCOME OPPORTUNITY! This two family colonial sits diagonally from Coffee Coral right in the heart of Red Bank. Home features TWO rental units. First floor: 3 bedrooms, 2 full baths and wonderful living areas with plenty of storage. - RENT $1800.00 per month. Second floor: 3 bedrooms, 1 full bath - also has plenty of storage and living space - RENT $1450.00/ per month. Washer/Dreyer hook-ups for each rental are in the basement. Great location...and the yard and driveway can accommodate multiple cars. Separate heat and hot water for each unit. Tenants pay all utilities including water and sewer.

Last Agent to Sell the Property

Gina Farkouh

Resources Real Estate Brokerage Phone: 732-212-0440 License #0341073 Listed on: 10/12/2017

Last Buyer's Agent

Thomas Fitterer

RE/MAX Generations

RE/MAX Generations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,892

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 40 x 128

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove
  • Washer and Dryer Hookup

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, yard maintenance, water, snow removal, sewer, heat, gas, electricity
  • Assessor Parcel Number 39-00079-0000-00031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,892

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: 732-212-0440
  • Subdivision Name: None
  • Year Built: 1915
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 128
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 40 x 128
  • Parcel #: 39-00079-0000-00031

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4892.0
  • Tax Other Annual Assessment Amount: 236100.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Stypa Andrew and Stypa Sarah
Bought by
208 Drs James Parker Blvd Limited Liability C
Current Estimated Value
$734,920

Purchase Details

Listed on
Oct 12, 2017
Closed on
Dec 13, 2017
Sold by
Bhatia Nikhil
Bought by
Stypa Andrew J and Stypa Sara H
Seller's Agent
Gina Farkouh
Resources Real Estate
Buyer's Agent
Thomas Fitterer
RE/MAX Generations
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$270,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Diaz Luis H
Bought by
Bhatia Nikhil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
2.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2003
Sold by
Boyce Maria
Bought by
Diaz Luis and Diaz Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,400
Interest Rate
5.89%
Mortgage Type
Commercial
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
208 Drs James Parker Blvd Limited Liability C -- Trident Abstract Title
208 Drs James Parker Blvd Limited Liability C -- Trident Abstract Title
Stypa Andrew J $360,000 --
Bhatia Nikhil $390,000 --
Diaz Luis $300,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stypa Andrew J $270,000
Previous Owner Bhatia Nikhil $312,000
Previous Owner Diaz Luis $240,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 Sold $360,000 -- $257 / 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 $11,022 $620,700 $166,000 $454,700
2024 $8,445 $583,500 $200,000 $383,500
2023 $8,445 $441,900 $129,200 $312,700
2022 $8,174 $418,100 $118,800 $299,300
2021 $8,174 $365,400 $99,000 $266,400
2020 $8,325 $366,400 $99,000 $267,400
2019 $6,739 $304,800 $94,000 $210,800
2018 $5,404 $247,100 $94,000 $153,100
2017 $4,982 $236,100 $84,000 $152,100
2016 $4,892 $232,200 $84,000 $148,200
2015 $6,168 $303,400 $127,000 $176,400
2014 $6,894 $360,400 $184,000 $176,400
Source: Public Records

Agents Affiliated with this Home

  • Gina Farkouh

    Seller's Agent in 2017

    Gina Farkouh

    Resources Real Estate

    (732) 212-0440

    2 in this area

    31 Total Sales

    Gina Farkouh
    Section Image

  • T

    Buyer's Agent in 2017

    Thomas Fitterer

    RE/MAX

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21739549

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00079-0000-00031

New Jersey Monmouth County Red Bank 07701

208 Drs James Parker Blvd, Red Bank, NJ

This home is located at 208 Drs James Parker Blvd, Red Bank, NJ 07701 since 12 October 2017 and is currently estimated at $734,920, approximately $524 per square foot. This property was built in 1915. 208 Drs James Parker Blvd is a home located in Monmouth County with nearby schools including Red Bank Primary School, Red Bank Middle School, and Red Bank Regional 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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