NOT LISTED FOR SALE

250 Mechanic St Red Bank, NJ 07701

Estimated Value: $1,017,000 - $1,482,796

8 Beds
6.5 Baths
4,731 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $235,000 $50 Per Sq Ft

Est. 449% increase in value since last sale

Current estimated payment $8,242/month

Highlights

  • Custom Home
  • 0.24 Acre Lot
  • Forced Air Zoned Heating and Cooling System
  • Red Bank Reg High School Rated A
  • Furnished

About This Home

As of February 2021

Extra Large Rental Opportunity! This totally gut-renovated and modern home has been beautifully finished and has 8 bedrooms plus sitting rooms, 6.5 baths, large living, dining and kitchen areas, plenty of extra space if you need privacy to work from home or for remote schooling. Ask to see the floor plan! The backyard is fenced and there is plenty of parking. Great location only 1/2 mile to downtown Red Bank with it's shopping and restaurants and 5 miles to the beach. A great escape from the city and perfect for to share! Available furnished from 1/5/2021-5/25/2021. Included in rent- all utilities, lawn maintenance and snow removal! Terms are flexible.

Last Agent to Rent the Property

Kelly Zaccaro

Heritage House Sotheby's International Realty License #9232609 Listed on: 12/22/2020

Heritage House Sotheby's International Realty

Last Renter's Agent

Jessica Hickey

Resources Real Estate License #1327247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,878

Year Built

  • Built in 1902

Lot Details

  • 10,454

Home Design

  • Custom Home
  • Contemporary Architecture

Interior Spaces

  • 4,731 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Screens
  • Partial Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • No Garage
  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Exterior Lighting
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $18,000
  • Property Available on 1/5/21
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 39-00015-01-00039

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,878

Year Built

Built in 1902

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2021-01-05

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Screens, Microwave, Outdoor Lighting, Refrigerator, Dishwasher
  • Subdivision Name: None
  • Architectural Style: Custom, Contemporary
  • Year Built: 1902
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.24
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Included Screens: Yes
  • Contract Info Available Date: 2021-01-05
  • Maintenance Fees Security Deposit3: 18000.0
  • Lease Requirements Security Deposit4: Yes
  • Furnished Full2: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Included Outdoor Lighting3: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.24
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 39-00015-01-00039

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 9, 2021
Sold by
Werner Evan J and Werner Carol M
Bought by
250 Mechanic Street Llc
Seller's Agent
Kelly Zaccaro
Heritage House Sotheby's International Realty
Buyer's Agent
Jessica Hickey
Resources Real Estate
Sold Price
$46,475
Current Estimated Value
$1,289,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,242,724

Purchase Details

Closed on
May 22, 2019
Sold by
Home & Land Development Corp
Bought by
Werner Evan J and Werner Carol M

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 19, 2018
Sold by
Portland Road Llc
Bought by
Home & Land Dev Corp
Seller's Agent
Kevin O'Rourke
Gloria Nilson & Co. Real Estate
Buyer's Agent
Gina Farkouh
Gloria Nilson & Co. Real Estate
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.14%
Source: Public Records

Range of Values:

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Average Value
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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
250 Mechanic Street Llc -- None Available
Werner Evan J $653,600 Trident Abstract Ttl Agcy Ll
Home & Land Dev Corp $235,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2021 02/13/21 Rented $46,475 +446.8% --
02/10/2021 02/10/21 Under Contract -- -- --
12/31/2020 12/31/20 Price Changed $8,500 -10.5% $2 / Sq Ft
12/22/2020 12/22/20 For Rent $9,500 0.0% --
06/19/2018 06/19/18 Sold $235,000 -- $54 / Sq Ft View Prior Sale
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 $16,878 $974,900 $438,700 $536,200
2024 $16,140 $893,500 $378,700 $514,800
2023 $16,140 $844,600 $344,100 $500,500
2022 $15,599 $805,500 $326,500 $479,000
2021 $15,599 $697,300 $261,200 $436,100
2020 $14,977 $659,200 $261,200 $398,000
2019 $6,018 $272,200 $261,200 $11,000
2018 $10,202 $466,500 $261,200 $205,300
2017 $9,814 $465,100 $261,200 $203,900
2016 $9,690 $459,900 $261,200 $198,700
2015 $12,633 $621,400 $301,200 $320,200
2014 $11,887 $621,400 $301,200 $320,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22043623

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00015-01-00039