40 Ellsworth Ct Red Bank, NJ 07701
New Monmouth NeighborhoodEstimated payment $3,971/month
Highlights
- Water Views
- Fitness Center
- Home fronts a creek
- Golf Course Community
- Outdoor Pool
- Active Adult
About This Home
UPDATED AND READY FOR ITS NEW OWNER, this beautiful RANCH in desirable Shadow Lake Village offers PRIVATE and PEACEFUL surroundings with its wooded backdrop and waterview. Kitchen has been tastefully updated with recessed lighting, quartz countertops and SS appliances, and adjoins the dining room featuring decorative molding. Spacious living room leads to the sunroom with glass slider doors to the patio and backyard. Primary bath and hall bath have been completely updated with new fixtures and tiling. Recent updates (within 3 yrs) include a newer HVAC system, hot water heater, lighting, custom molding and upgraded flooring throughout. Enjoy the benefits of Shadow Lake Village with gated security, 9-hole golf course, pool, tennis, pickleball, bocce, clubhouse, gym, & scenic walking trails.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,703
Year Built
- Built in 1980
Lot Details
- Home fronts a creek
- Backs to Trees or Woods
HOA Fees
- $528 Monthly HOA Fees
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,132 Sq Ft Home
- 1-Story Property
- Crown Molding
- Recessed Lighting
- Sliding Doors
- Living Room
- Dining Room
- Sun or Florida Room
- Water Views
- Attic
Kitchen
- New Kitchen
- Stove
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Primary bathroom on main floor
Laundry
- Dryer
- Washer
Parking
- 1 Parking Space
- No Garage
- Common or Shared Parking
- Guest Parking
- Visitor Parking
- Assigned Parking
Pool
- Outdoor Pool
- Fence Around Pool
Outdoor Features
- Creek On Lot
- Deck
- Patio
Utilities
- Central Air
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 32-01011-0000-00480
Community Details
Overview
- Active Adult
- Association fees include common area, pool, snow removal
- Shadow Lake Vil Subdivision
Amenities
- Community Deck or Porch
- Common Area
- Clubhouse
- Community Center
- Recreation Room
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Bocce Ball Court
- Fitness Center
- Community Pool
- Jogging Path
- Snow Removal
Security
- Security Guard
- Controlled Access
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,703 | $476,300 | $265,000 | $211,300 |
| 2024 | $7,122 | $407,500 | $200,000 | $207,500 |
| 2023 | $7,122 | $409,800 | $190,000 | $219,800 |
| 2022 | $6,074 | $313,100 | $150,000 | $163,100 |
| 2021 | $6,074 | $292,000 | $145,000 | $147,000 |
| 2020 | $5,852 | $273,700 | $130,000 | $143,700 |
| 2019 | $5,842 | $276,600 | $130,000 | $146,600 |
| 2018 | $5,847 | $269,800 | $130,000 | $139,800 |
| 2017 | $5,465 | $257,300 | $120,000 | $137,300 |
| 2016 | $5,106 | $239,600 | $120,000 | $119,600 |
| 2015 | $3,661 | $171,400 | $50,000 | $121,400 |
| 2014 | $3,524 | $161,000 | $50,000 | $111,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $549,900 | +93.6% | $486 / Sq Ft | |
| 08/19/2022 08/19/22 | Sold | $284,000 | -5.3% | $251 / Sq Ft | View Prior Sale |
| 08/04/2022 08/04/22 | Pending | -- | -- | -- | |
| 07/29/2022 07/29/22 | Price Changed | $299,900 | -6.3% | $265 / Sq Ft | |
| 06/29/2022 06/29/22 | Price Changed | $319,900 | -5.9% | $283 / Sq Ft | |
| 06/04/2022 06/04/22 | For Sale | $339,900 | -- | $300 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $365,000 | -- | |
| Deed | $365,000 | None Listed On Document | |
| Deed | $284,000 | None Listed On Document | |
| Sheriffs Deed | $1,000 | None Listed On Document | |
| Deed | $230,000 | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22534420
APN: 32-01011-0000-00480
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