$500,000
SOLD JAN 20, 2021

21 Worthley St Red Bank, NJ 07701

2 Beds
1 Bath
1,888 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

5% Below List Price

13 Days on Market

Highlights

  • Multiple cooling system units
  • Red Bank Reg High School Rated A
  • Level Lot

About This Home

As of April 2025

Investment opportunity! Two family home in desirable Red Bank neighborhood with 2 bedrooms and one full bath in each unit. Rear unit secured lease until September 2021. Front unit vacant. Separate utilities. Very close to downtown shopping, restaurants and NYC transportation.

Last Agent to Sell the Property

Amy Montano

O'Brien Realty, LLC License #1433181 Listed on: 10/26/2020

O'Brien Realty, LLC

Last Buyer's Agent

Vincent Hennessey

RE/MAX Generations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,632

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement
  • Basement Storage
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal Items
  • Tenant pays for hot water, water, heat, gas, electricity
  • Assessor Parcel Number 39-00015-01-00032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,632

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: See Remarks, Other
  • New Construction: No
  • Year Built: 1915
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Red Bank
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 2.0
  • Unit 1 Washer2: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Personal Items

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 39-00015-01-00032
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8632.0
  • Tax Other Annual Assessment Amount: 395100.0

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
Feb 27, 2025
Closed on
Mar 26, 2025
Sold by
21 Worthley Investments Llc
Bought by
Gva Enterprises Llc
Seller's Agent
Kyle Golden
C21 Thomson & Co.
Buyer's Agent
Salvatore Ventre
Real Broker, LLC- Point P
List Price
$749,000
Sold Price
$769,000
Premium/Discount to List
$20,000
2.67%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.94%
Original Mortgage
$576,750
Outstanding Balance
$575,216
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$181,793

Purchase Details

Listed on
Oct 26, 2020
Closed on
Dec 3, 2020
Sold by
Sparacino Kristopher J
Bought by
21 Worthley Investments Llc
Seller's Agent
Amy Montano
O'Brien Realty, LLC
Buyer's Agent
Vincent Hennessey
RE/MAX Generations
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$325,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2012
Sold by
Kis Associates Llc
Bought by
Sparacino Kristopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2006
Sold by
Niro Nicola
Bought by
Kjs Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2006
Sold by
Niro Nicola
Bought by
Niro Nicola

Purchase Details

Closed on
Oct 17, 2005
Sold by
Niro Nicola
Bought by
Niro Nicola and Niro Camilla
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $769,000 Chicago Title
Deed $500,000 Property Transfer Svcs Inc
Quit Claim Deed -- None Available
Deed $429,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $576,750 Construction
Previous Owner $325,000 New Conventional
Previous Owner $286,400 Commercial
Previous Owner $343,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $2,745 -1.8% --
06/26/2025 06/26/25 For Rent $2,795 0.0% --
04/02/2025 04/02/25 Sold $769,000 +2.7% $400 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $749,000 +49.8% $390 / Sq Ft
01/20/2021 01/20/21 Sold $500,000 -4.8% $265 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $525,000 -- $278 / 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
2024 $10,511 $653,000 $346,900 $306,100
2023 $10,511 $550,000 $314,600 $235,400
2022 $9,174 $541,800 $298,100 $243,700
2021 $9,174 $410,100 $238,500 $171,600
2020 $8,977 $395,100 $238,500 $156,600
2019 $8,632 $390,400 $238,500 $151,900
2018 $8,416 $384,800 $238,500 $146,300
2017 $8,098 $383,800 $238,500 $145,300
2016 $8,009 $380,100 $238,500 $141,600
2015 $7,819 $384,600 $278,500 $106,100
2014 $7,357 $384,600 $278,500 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22038545

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00015-01-00032