NOT LISTED FOR SALE

296 Shrewsbury Ave Red Bank, NJ 07701

Estimated Value: $499,000 - $544,000

4 Beds
1.5 Baths
1,600 Sq Ft
$323/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $365,479 $228 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,389/month

20 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Eat-In Kitchen
  • Red Bank Reg High School Rated A
  • Porch
  • 1-minute walk to Johnny Jazz Park

About This Home

As of January 2023

This brick home with front porch offers a lot of space for a family or great for an investment. 4/5 bedrooms 2 baths with bedroom on first level. Also features a very large kitchen with access to a sprawling yard and basement for storage. Located in the heart of the westside of Red Bank which is blooming quickly. Easy access to schools, shopping, train and buses. The town of Red bank is a great place for all kinds of fun!

Last Agent to Sell the Property

Christele Terranova-beam

Coldwell Banker Realty License #0014070 Listed on: 10/21/2022

Coldwell Banker Realty

Last Buyer's Agent

Gina Pappone

RE/MAX Revolution License #1650230

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,847

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 25 x 182

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Tenants belongings
  • Assessor Parcel Number 39-00090-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,847

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.1
  • General Property Info Lot Dimensions: 25 x 182
  • General Property Info Farm: No
  • Location Middle School: Red Bank
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Living Room Two Story2: Yes
  • Exterior Porch - Open: Yes
  • Cooling None12: Yes
  • Kitchen Eat-In: Yes
  • RoofSlate: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Kitchen Pantry: Yes

Exterior Features

  • Roof: Slate, Shingle
  • Acres: 0.1
  • Waterfront: No
  • Exclusions: Tenants belongings
  • Exterior Features: Porch - Open

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 25 x 182
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 39-00090-0000-00017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2024
Sold by
Da Properties Nj Llc
Bought by
296 Shrewsberry Avenue Llc
Current Estimated Value
$517,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Outstanding Balance
$383,521
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$131,713

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 9, 2023
Sold by
Tri-State Realty Llc
Bought by
Da Properties Nj I Llc
Seller's Agent
Christele Terranova-beam
Coldwell Banker Realty
Buyer's Agent
Gina Pappone
RE/MAX Revolution
List Price
$380,000
Sold Price
$365,479
Premium/Discount to List
-$14,521
-3.82%
Views
154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%

Purchase Details

Closed on
Jul 29, 2014
Sold by
Salerno Michael M
Bought by
Tri State Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,415,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2010
Sold by
Tri State Realty Llc
Bought by
Salerno Michael M

Purchase Details

Closed on
Mar 13, 2006
Sold by
Salerno Michael M
Bought by
Tri State Realty
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
296 Shrewsberry Avenue Llc -- Catic Title
Da Properties Nj I Llc $373,000 Catic Title
Tri State Realty Llc -- None Available
Salerno Michael M -- Arlair Title
Tri State Realty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 296 Shrewsberry Avenue Llc $388,500
Previous Owner Tri State Realty Llc $2,415,000
Previous Owner Salerno Michael M $239,700
Previous Owner Salerno Michael $252,000
Previous Owner Salerno Michael M $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $365,479 -3.8% $228 / Sq Ft
10/21/2022 10/21/22 For Sale $380,000 -- $238 / 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 $6,847 $364,600 $138,200 $226,400
2023 $6,847 $358,300 $138,200 $220,100
2022 $6,147 $335,200 $124,500 $210,700
2021 $6,147 $274,800 $83,000 $191,800
2020 $5,444 $239,600 $83,000 $156,600
2019 $5,174 $234,000 $83,000 $151,000
2018 $5,034 $230,200 $83,000 $147,200
2017 $4,376 $207,400 $63,000 $144,400
2016 $4,522 $214,600 $73,000 $141,600
2015 $4,101 $201,700 $121,500 $80,200
2014 $4,844 $253,200 $173,000 $80,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22232887

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00090-0000-00017