NOT LISTED FOR SALE

278 Spring St Red Bank, NJ 07701

Estimated Value: $845,000 - $1,072,590

6 Beds
3.5 Baths
2,576 Sq Ft
$380/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $608,000 $236 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,543/month

11 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Level Lot
  • Red Bank Reg High School Rated A
  • Forced Air Zoned Heating and Cooling System

About This Home

As of May 2018

Incredible opportunity to own a spacious 2 Family home in Red Hot Red Bank! Both levels boast 3 Bedrooms and 2 Baths. Hardwood floors throughout. Full Basement and plenty of off street parking. Large backyard. Completely separate utilities.Laundry on both levels. First floor featuring 2 newer full Baths. Both units are bright and cheery. Live in one and rent out the other or use this opportunity to invest in Red Bank and rent out both levels.

Last Agent to Sell the Property

Kim Spector

Coldwell Banker Realty Listed on: 03/08/2018

Last Buyer's Agent

Ranka Vucetic

Critelli Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,478

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 54 x 190
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dining Room chandelier in upstairs apartment
  • The owner pays for yard maintenance, snow removal
  • Assessor Parcel Number 39-00111-0000-00027-04

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,478

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Wood
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 54 x 190
  • Location Middle School: Red Bank
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Sprinkler Under: Yes
  • Garage None4: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Dining Room chandelier in upstairs apartment
  • Exterior Features: Patio, Sprinkler Under, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: 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

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 54 x 190
  • Parcel #: 39-00111-0000-00027-04

Rental Info

  • Owner Pays: Yard Maintenance, Snow Removal

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 11478.0
  • Tax Other Annual Assessment Amount: 544000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2020
Sold by
278 Spring Street Llc
Bought by
Nalbandian Jacklyn
Current Estimated Value
$968,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2019
Sold by
Conover Property And Realty Corporation
Bought by
278 Spring Street Llc

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 3, 2018
Sold by
Burgess Trust
Bought by
Conover Property & Realty Corp
Seller's Agent
Kim Spector
Coldwell Banker Realty
Buyer's Agent
Ranka Vucetic
Critelli Realtors
Sold Price
$608,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Aug 20, 2008
Sold by
Michelle Shaw Bennie N and Michelle Burgesses
Bought by
Shaw Bennie N and The Bennie N Shaw Trust

Purchase Details

Closed on
Jun 10, 2006
Sold by
Bennie Shaw Sr As Exr Of Est O
Bought by
Michelle Shaw Bennie N and Michelle Burgesses
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
Nalbandian Jacklyn -- All Ahead Title Agency Llc
278 Spring Street Llc -- Trident Abstract Ttl Agcy Ll
Conover Property & Realty Corp $304,000 Fidelity National Title
Shaw Bennie N -- None Available
Michelle Shaw Bennie N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nalbandian Jacklyn $408,000
Closed Nalbandian Jacklyn $408,000
Closed Nalbandian Jacklyn $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $608,000 -- $236 / 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 $14,896 $861,300 $350,400 $510,900
2023 $14,896 $779,500 $350,400 $429,100
2022 $14,165 $708,800 $298,100 $410,700
2021 $14,165 $633,200 $259,300 $373,900
2020 $13,643 $600,500 $259,300 $341,200
2019 $13,052 $590,300 $259,300 $331,000
2018 $10,677 $488,200 $259,300 $228,900
2017 $11,478 $544,000 $259,300 $284,700
2016 $10,636 $504,800 $227,500 $277,300
2015 $9,773 $480,700 $270,500 $210,200
2014 $10,344 $540,700 $307,500 $233,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kim Spector

    Coldwell Banker Realty

  • R

    Buyer's Agent in 2018

    Ranka Vucetic

    Critelli Realtors

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21808710

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00111-0000-00027-04

New Jersey Monmouth County Red Bank 07701

278 Spring St, Red Bank, NJ

This home is located at 278 Spring St, Red Bank, NJ 07701 since 08 March 2018 and is currently estimated at $978,648, approximately $379 per square foot. This property was built in 1930. 278 Spring St 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.

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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