NOT LISTED FOR SALE

24 Mechanic St Unit 404 Red Bank, NJ 07701

Estimated Value: $2,187,000

2 Beds
2 Baths
3,109 Sq Ft
$703/Sq Ft Est. Value

About This Home

This home is located at 24 Mechanic St Unit 404, Red Bank, NJ 07701 and is currently priced at $2,187,000, approximately $703 per square foot. 24 Mechanic St Unit 404 is a home located in Monmouth County with nearby schools including Red Bank Primary School, Red Bank Middle School, and Red Bank Reg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2019
Sold by
Riverwalk Commons
Bought by
Amboy Bank
Current Estimated Value
$2,187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,446,832
Outstanding Balance
$5,731,035
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2016
Sold by
Riverwalk Commons Of Red Bank Llc
Bought by
Riverwalk Commons Of Red Bank Llc

Purchase Details

Closed on
Feb 24, 2006
Sold by
Chimento Associates Llc
Bought by
Riverwalk Commons Of Red Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.17%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Amboy Bank $155,368 Us Title Solutions
Riverwalk Commons Of Red Bank Llc -- None Available
Riverwalk Commons Of Red Bank $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hrk At Rb Llc $6,446,832
Previous Owner Riverwalk Commons Of Red Bank $600,000
Source: Public Records

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 $124,925 $6,240,000 $1,876,900 $4,363,100
2023 $124,925 $6,240,000 $1,876,900 $4,363,100
2022 $39,979 $1,876,900 $1,876,900 $0
2021 $39,979 $1,706,300 $1,706,300 $0
2020 $32,487 $1,365,000 $1,365,000 $0
2019 $31,682 $1,365,000 $1,365,000 $0
2018 $31,450 $1,365,000 $1,365,000 $0
2017 $45,082 $2,035,300 $1,365,000 $670,300
2016 $44,760 $2,022,600 $1,365,000 $657,600
Source: Public Records

Map

New Jersey Monmouth County Red Bank 07701

24 Mechanic St Unit 404, Red Bank, NJ

This home is located at 24 Mechanic St Unit 404, Red Bank, NJ 07701 and is currently priced at $2,187,000, approximately $703 per square foot. 24 Mechanic St Unit 404 is a home located in Monmouth County with nearby schools including Red Bank Primary School, Red Bank Middle School, and Red Bank Reg High School.

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