$400,000 - $424,000
RENTED JUL 1, 2025

321 Spring St Unit 3 Red Bank, NJ 07701

2 Beds
2.5 Baths
1,125 Sq Ft
$364 Price per Sq Ft

Last Sold December 20, 2024

Last sale price $385,000 $342 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,771/month

Highlights

  • New Kitchen
  • Wood Flooring
  • Living Room
  • Red Bank Reg High School Rated A
  • Storm Windows
  • Laundry Room

About This Home

As of July 2025

**Bright and Spacious Townhouse in Prime Red Bank Location**
Beautifully renovated townhouse-style condominium that boasts an inviting open floor plan bathed in natural light and featuring elegant hardwood floors throughout the main level and upstairs bedrooms. The well-designed main floor includes a modern kitchen that seamlessly connects to a combined dining and living area along with a conveniently located half bath.

Two spacious bedrooms with plenty of closet space as well as a full NEW bathroom upstairs.

Finished basement with FULL bath and separate area for laundry.

Enjoy the convenience of two assigned parking spaces right outside your back door. This townhouse is ideally situated near train and ferry services, beautiful beaches, and downtown Red Bank!

Last Agent to Rent the Property

Katherine Narson

Keller Williams Realty West Monmouth License #0341510 Listed on: 06/05/2025

Keller Williams Realty West Monmouth

Last Renter's Agent

Katherine Narson

Keller Williams Realty West Monmouth License #0341510 Listed on: 06/05/2025

Keller Williams Realty West Monmouth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,134

Year Built

  • 1967

Interior Spaces

  • 3-Story Property
  • Living Room

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

Parking

  • No Garage
  • Guest Parking
  • Open Parking
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • Exterior Lighting
  • Landscaped

Listing and Financial Details

  • Property Available on 6/5/25
  • Exclusions: Personal Belongings
  • Assessor Parcel Number 39-00110-0000-00007-37

Community Details

Overview

  • Property has a Home Owners Association
  • Hilltop @ Red Bank Subdivision

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,134

Year Built

1967

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-06-05

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Reso Association Amenities: Common Area, Landscaping
  • Inclusions: Washer, Stove, Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: Hilltop @ Red Bank
  • Reso Flooring: Vinyl
  • Reso Structure Type: Townhouse
  • 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
  • Common Elements Common Area: Yes
  • Location Middle School: Red Bank
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Garage None4: Yes
  • Style Townhouse: Yes
  • Common Elements Landscaping: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Ceramic Tile3: Yes
  • Contract Info Available Date: 2025-06-05
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 2
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Laundry Level Basement20: Yes
  • Allowable:Cats OK: Yes
  • Allowable:Dogs OK: Yes
  • Special Features: None
  • Year Built: 1967

Interior Features

  • Basement: Finished, Other, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Total Bedrooms: 9
  • Stories: 3
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom Floor - Wood8: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal Belongings
  • Exterior Features: Storm Window, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, None, Assigned, Guest
  • General Property Info:Garage: No
  • Parking Open: Yes
  • Parking:Assigned2: Yes
  • Parking Guest: 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

Condo/Co-op/Association

  • Association: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 39-00110-0000-00007-37

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2007
Sold by
Frake Mary Susan and Estate Of William L Dudley
Bought by
Richards Kenneth
Current Estimated Value
$409,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Richards Kenneth $282,500 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Kenneth $224,700
Closed Richards Kenneth $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Rented $40,800 +1100.0% --
06/12/2025 06/12/25 Under Contract -- -- --
06/05/2025 06/05/25 For Rent $3,400 0.0% --
12/20/2024 12/20/24 Sold $385,000 -1.3% $342 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $390,000 -- $347 / 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 $6,134 $323,200 $180,000 $143,200
2023 $6,134 $321,000 $168,100 $152,900
2022 $6,335 $281,300 $135,000 $146,300
2021 $6,335 $283,200 $150,000 $133,200
2020 $6,171 $271,600 $150,000 $121,600
2019 $5,923 $267,900 $150,000 $117,900
2018 $5,765 $263,600 $150,000 $113,600
2017 $5,305 $251,400 $135,000 $116,400
2016 $5,038 $239,100 $125,000 $114,100
2015 $4,771 $234,700 $127,000 $107,700
2014 $4,490 $234,700 $127,000 $107,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22516660

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00110-0000-00007-37