RENTED SEP 1, 2025

316 Spring St Unit Upper Red Bank, NJ 07701

Estimated Value: $913,000 - $1,051,000

3 Beds
1 Bath
-- Sq Ft
1975 Built

Highlights

  • Forced Air Heating and Cooling System
  • Red Bank Regional High School Rated A
  • 1-Story Property

About This Home

As of September 2025

Bright & Spacious 3-Bedroom Upper-Level Apartment - Move-In Ready! Look no further, immaculately clean and generously sized upper-level apartment offers 3 comfortable bedrooms, 1 beautifully updated full bath, and newly finished floors. The modern kitchen features brand-new appliances, making meal prep a joy. Additional highlights include washer/dryer and extra storage space in the basement, plus backyard access with a patio area. You'll also have dedicated driveway parking for one car, with plenty of easy street parking available. Rental requirements: Credit check, NTN application, and proof of employment. No pets, please. This is a fantastic opportunity to enjoy a bright, well-maintained home in a great location. Don't wait—schedule your showing today!

Last Agent to Rent the Property

Daniel Effenberger

O'Brien Realty, LLC License #1649940 Listed on: 08/02/2025

Last Renter's Agent

Gerine Skamarak

EXIT Realty East Coast Shirvanian License #0566970

EXIT Realty East Coast Shirvanian

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,494

Year Built

  • 1975

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

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

Location

  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 8/15/20
  • Assessor Parcel Number 39-00111-0000-00040-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,494

Year Built

1975

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2020-08-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2020-08-15
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 39-00111-0000-00040-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2019
Sold by
Elassad Linda
Bought by
316 Spring Street Llc
Current Estimated Value
$956,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,500
Outstanding Balance
$369,558
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$586,490

Purchase Details

Closed on
Sep 13, 2012
Sold by
Dare Stephanie and Sabel Clementina A M
Bought by
Elassad Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,500
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2005
Sold by
Estate Of Mary Krill
Bought by
Clemantina Sable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,342
Interest Rate
5.63%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
316 Spring Street Llc $581,250 Scott Title Services Llc
Elassad Linda $470,000 None Available
Clemantina Sable -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 316 Spring Street Llc $419,500
Previous Owner Elassad Linda $305,500
Previous Owner Clemantina Sable $469,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2025 09/01/25 Rented $36,000 +1100.0% --
08/17/2025 08/17/25 Under Contract -- -- --
08/02/2025 08/02/25 For Rent $3,000 +36.4% --
10/01/2020 10/01/20 Rented $2,200 0.0% --
09/27/2020 09/27/20 Under Contract -- -- --
08/12/2020 08/12/20 For Rent $2,200 -90.6% --
07/01/2017 07/01/17 Rented $23,400 -2.5% --
06/05/2016 06/05/16 Rented $24,000 +5.3% --
06/01/2014 06/01/14 Rented $22,800 -- --
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 $15,494 $907,700 $414,500 $493,200
2024 $14,057 $820,200 $324,500 $495,700
2023 $14,057 $735,600 $324,500 $411,100
2022 $13,308 $665,800 $272,300 $393,500
2021 $13,308 $594,900 $236,700 $358,200
2020 $12,805 $563,600 $236,700 $326,900
2019 $10,434 $471,900 $236,700 $235,200
2018 $10,130 $463,200 $236,700 $226,500
2017 $9,742 $461,700 $236,700 $225,000
2016 $8,980 $426,200 $207,000 $219,200
2015 $9,273 $456,100 $258,200 $197,900
2014 $9,678 $505,900 $287,000 $218,900
Source: Public Records

Agents Affiliated with this Home

  • Daniel Effenberger

    Landlord's Agent in 2025

    Daniel Effenberger

    O'Brien Realty, LLC

    (732) 597-4312

    4 in this area

    113 Total Sales

    Daniel Effenberger
    Section Image
  • Gerine Skamarak

    Tenant's Agent in 2025

    Gerine Skamarak

    EXIT Realty East Coast Shirvanian

    (908) 902-4778

    1 in this area

    86 Total Sales

    Gerine Skamarak
    Section Image

  • A

    Buyer's Agent in 2017

    Anita Condouris

    Keller Williams Realty East Monmouth

    (732) 704-4033

    1 in this area

    18 Total Sales

    Anita Condouris
    Section Image

  • T

    Seller's Agent in 2014

    Theresa Nesci

    Coldwell Banker Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22523223

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00111-0000-00040-01

New Jersey Monmouth County Red Bank 07701

316 Spring St Unit Upper, Red Bank, NJ

Not Listed for Sale

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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