$6,500
NEW CONSTRUCTION

42 Monmouth St Red Bank, NJ 07701

Estimated payment $42/month

2 Beds
2 Baths
2,300 Sq Ft
$3 Price per Sq Ft

Highlights

  • New Construction
  • New Kitchen
  • No HOA
  • Red Bank Reg High School Rated A
  • Wood Flooring
  • 5-minute walk to Riverside Gardens Park

About This Home

Amazing opportunity to rent a 2,300 (+-) sf ''new construction'' walk-up 2nd floor apartment in the heart of downtown Red Bank. 2 large bedrooms, 2 full baths, large eat-in kitchen, large living room, private laundry room, large balcony, and private access to a 2,300 SF (+-) roof-top deck with pristine views of downtown Red Bank. All high-end finishes throughout, large windows offering abundant light, high-end appliances, 14ft ceiling height, beautiful hardwood floors and your very own parking space. This amazing opportunity to live a short walk away from food, shopping, nightlife & coffee will be available for an October 1st move in. Credit and application a must. $6,500 per month + utilities.

Listing Agent

Charles Frank

Benchmark Realty Group LLC License #0999085 Listed on: 08/17/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,208

Year Built

  • Built in 2025 | New Construction

Home Design

  • Asphalt Rolled Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the upper level
  • Wood Flooring

Kitchen

  • New Kitchen
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 009876

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,208

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Other
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 2nd Flr
  • New Construction: Yes
  • Year Built: 2025
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Garage None4: Yes
  • Roof Timberline: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • General Property Info # UnitsBldgs: 2.0
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:None2: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Exclusions: Personal Property
  • Exterior Features: Balcony

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 009876
  • Zoning Description: Residential, Retail, Mixed

MLS Schools

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $28,208 $1,435,500 $530,800 $904,700
2023 $28,208 $1,409,000 $530,800 $878,200
2022 $29,039 $1,304,000 $530,800 $773,200
2021 $29,039 $1,239,400 $505,500 $733,900
2020 $29,334 $1,232,500 $505,500 $727,000
2019 $28,615 $1,218,700 $505,500 $713,200
2018 $27,478 $1,178,300 $505,500 $672,800
2017 $26,520 $1,177,100 $505,500 $671,600
2016 $26,211 $1,164,400 $505,500 $658,900
2015 $26,168 $1,198,700 $554,600 $644,100
2014 $28,953 $1,410,300 $652,500 $757,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 For Sale $6,500 -- $3 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $2,000,000 Afrm Title & Abstract
Deed $1,200,000 Eastcoast Title Agency
Deed $900,000 Agent For Commonwealth Land
Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 New Conventional
Previous Owner $2,065,000 Construction
Previous Owner $2,012,400 Future Advance Clause Open End Mortgage
Previous Owner $1,215,000 Commercial
Previous Owner $250,000 Commercial
Previous Owner $500,000 Commercial
Previous Owner $225,000 Commercial
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22524952

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00031-0000-00026