NOT LISTED FOR SALE

40 Broad St Unit 3B Red Bank, NJ 07701

Estimated Value: $3,877,547

-- Bed
1 Bath
900 Sq Ft
$4,308/Sq Ft Est. Value

Highlights

  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 4-minute walk to Riverside Gardens Park
  • Red Bank Reg High School Rated A

About This Home

As of June 2021

Beautiful, light-filled studio right in the heart of downtown Red Bank! Loft style layout with separate set-up platform area for the bed and closet. Nice sized full bath. New kitchen by end of May! Available starting June 1st. No parking, but public parking permit available through the town. Stackable washer & dryer in the apartment.

Last Agent to Rent the Property

Kimberly Ardise

Berkshire Hathaway HomeServices Fox & Roach - Holmdel License #1324641 Listed on: 05/12/2021

Berkshire Hathaway HomeServices Fox & Roach - Holmdel

Last Renter's Agent

Nicholas Hunt

Compass New Jersey LLC License #2076492

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $63,200

Lot Details

  • 3,093

Parking

  • No Garage

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Property Available on 6/1/21
  • Assessor Parcel Number 39000300100034

Property Details

Home Type

Apartment

Est. Annual Taxes

$63,200

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2021-06-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2021-06-01
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

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 #: 39000300100034

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2015
Sold by
Red River Realty Llc
Bought by
40 42 Broad Llc
Current Estimated Value
$3,877,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Outstanding Balance
$88,268
Interest Rate
4.01%
Mortgage Type
Commercial
Estimated Equity
$3,789,279

Purchase Details

Closed on
Feb 10, 1997
Sold by
Pen Management
Bought by
Terranomics Red Bank

Purchase Details

Closed on
Jan 6, 1995
Sold by
Tang Fu Han
Bought by
Pen Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.16%
Mortgage Type
Commercial
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
40 42 Broad Llc $2,525,000 Lt National Title Services
Terranomics Red Bank $360,000 --
Pen Management Inc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40 42 Broad Llc $112,000
Previous Owner Pen Management Inc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2021 06/01/21 Rented $2,000 0.0% --
05/15/2021 05/15/21 Under Contract -- -- --
05/11/2021 05/11/21 For Rent $2,000 -93.7% --
10/04/2019 10/04/19 Rented $31,500 -- --
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 $63,200 $3,512,500 $1,180,200 $2,332,300
2024 $58,048 $3,198,400 $932,600 $2,265,800
2023 $58,048 $2,899,500 $700,100 $2,199,400
2022 $58,690 $2,636,500 $700,100 $1,936,400
2021 $58,690 $2,504,900 $666,800 $1,838,100
2020 $59,205 $2,487,600 $666,800 $1,820,800
2019 $56,932 $2,452,900 $666,800 $1,786,100
2018 $54,183 $2,351,700 $666,800 $1,684,900
2017 $52,026 $2,348,800 $666,800 $1,682,000
2016 $51,275 $2,317,000 $666,800 $1,650,200
2015 $36,669 $1,709,500 $616,100 $1,093,400
2014 $40,564 $2,011,100 $724,800 $1,286,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2021

    Kimberly Ardise

    BHHS Fox & Roach

    Section Image

  • N

    Tenant's Agent in 2021

    Nicholas Hunt

    Compass New Jersey LLC

  • C

    Seller's Agent in 2019

    Charles Frank

    Brothers Commercial Brokerage, Inc

  • Keith Kernan

    Buyer's Agent in 2019

    Keith Kernan

    Ward Wight Sotheby's International Realty

    (732) 501-1584

    41 Total Sales

    Keith Kernan
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22114626

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00030-01-00034

New Jersey Monmouth County Red Bank 07701

40 Broad St Unit 3B, Red Bank, NJ

This home is located at 40 Broad St Unit 3B, Red Bank, NJ 07701 since 12 May 2021 and is currently priced at $3,877,547. 40 Broad St Unit 3B 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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