Landlord's Agent in 2025
Elaine Eadon
Heritage House Sotheby's International Realty
(732) 778-4400
9 in this area
92 Total Sales
43 Tower Hill Ave Unit 1 Red Bank, NJ 07701
2
Beds
1
Bath
1,908
Sq Ft
$440
Price per Sq Ft
Highlights
- Colonial Architecture
- Wood Flooring
- No HOA
- Red Bank Reg High School Rated A
- Main Floor Primary Bedroom
- Double-Wide Driveway
About This Home
As of February 2025Live in ''Red Hot'' Red Bank close to train, theater, restaurants and shopping. This fantastic first floor two bedroom apartment is in pristine condition within short distance to downtown Red Bank. Recently refinished hardwood floors and freshly painted. The open floor kitchen has stainless steel appliances, hardwood floors, high ceilings and numerous cabinets for your storage needs. Beautifully updated and remodeled. Washer and dryer are located in apartment. Fenced private court yard patio area and open front porch are additional features. All room sizes are approximate
Last Agent to Rent the Property
Heritage House Sotheby's International Realty License #8740964 Listed on: 01/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,800
Year Built
- Built in 1907
Lot Details
- 10,019 Sq Ft Lot
Home Design
- Duplex
- Colonial Architecture
Interior Spaces
- 1,908 Sq Ft Home
- 2-Story Property
- Built-In Features
- Living Room
- Dining Room
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Partial Basement
Home Security
- Storm Windows
- Storm Doors
Parking
- No Garage
- Common or Shared Parking
- Double-Wide Driveway
- On-Street Parking
- Assigned Parking
Outdoor Features
- Patio
- Exterior Lighting
- Porch
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
- Programmable Thermostat
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Security Deposit $4,200
- Property Available on 2/1/25
- Assessor Parcel Number 39-00111-0000-00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 2025
Sold by
Pennell Kevin and Pennell Deborah
Bought by
Montalbano Anthony L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$339,119
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$501,156
Purchase Details
Closed on
Dec 19, 2006
Sold by
Donnelly Mark W
Bought by
Pennell Kevin and Pennell Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,750
Interest Rate
6.24%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 1, 2004
Sold by
Manziano Lizabeth
Bought by
Donnelly Mark and Carr David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 16, 2002
Sold by
Murray Bruce
Bought by
Manziano Lizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 18, 2000
Sold by
Krusis John
Bought by
Murray Bruce
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montalbano Anthony L | $790,000 | Pinnacle Title Agency | |
| Montalbano Anthony L | $790,000 | Pinnacle Title Agency | |
| Pennell Kevin | $575,000 | -- | |
| Donnelly Mark | $525,000 | -- | |
| Manziano Lizabeth | $310,000 | -- | |
| Murray Bruce | $124,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montalbano Anthony L | $340,000 | |
| Closed | Montalbano Anthony L | $340,000 | |
| Previous Owner | Pennell Kevin | $304,750 | |
| Previous Owner | Donnelly Mark | $420,000 | |
| Previous Owner | Manziano Lizabeth | $248,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | Rented | $33,600 | +1100.0% | -- |
| 01/10/2025 01/10/25 | For Rent | $2,800 | -90.3% | -- |
| 02/03/2023 02/03/23 | Rented | $28,800 | +1154.9% | -- |
| 01/27/2023 01/27/23 | For Rent | $2,295 | -91.3% | -- |
| 12/01/2020 12/01/20 | Rented | $26,340 | +1100.0% | -- |
| 11/10/2020 11/10/20 | Under Contract | -- | -- | -- |
| 11/06/2020 11/06/20 | For Rent | $2,195 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $14,800 | $804,800 | $464,300 | $340,500 |
| 2024 | $12,930 | $783,500 | $374,300 | $409,200 |
| 2023 | $12,930 | $676,600 | $374,300 | $302,300 |
| 2022 | $12,158 | $611,400 | $322,000 | $289,400 |
| 2021 | $12,158 | $543,500 | $280,000 | $263,500 |
| 2020 | $11,826 | $520,500 | $280,000 | $240,500 |
| 2019 | $11,347 | $513,200 | $280,000 | $233,200 |
| 2018 | $11,036 | $504,600 | $280,000 | $224,600 |
| 2017 | $11,253 | $533,300 | $280,000 | $253,300 |
| 2016 | $10,472 | $497,000 | $246,400 | $250,600 |
| 2015 | $9,360 | $460,400 | $281,800 | $178,600 |
| 2014 | $9,995 | $522,500 | $326,400 | $196,100 |
Source: Public Records
Agents Affiliated with this Home
-
Elaine Eadon
-
George Coffenberg
Tenant's Agent in 2025
George Coffenberg
Preferred Properties Real Estate
(732) 531-5900
5 in this area
44 Total Sales
-
Anthony Marino
Buyer's Agent in 2023
Anthony Marino
Keller Williams Realty East Monmouth
(732) 685-6764
18 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22500884
APN: 39-00111-0000-00007
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.
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.
Nearby Homes
- 123 Manor Dr
- 283 Spring St Unit 3A
- 65 Manor Dr
- 85 Tower Hill Dr Unit 608
- 184 Manor E Unit 184
- 82 Linden Place
- 69 Washington St
- 88 Mclaren St
- 268 Prospect Ave
- 137 E Bergen Place
- 17 Leroy Place Unit 3B
- 17 Leroy Place Unit 1C
- 10 Windward Way
- 199 Pinckney Rd
- 27 Irving Place
- 26 Pinckney Rd Unit C
- 12 Garden Rd
- 23 Wallace St Unit 207
- 44 Waverly Place
- 21 Washington St
- 43 Tower Hill Ave Unit 2
- 216 Spring St
- 2283 Spring St Unit 1B
- 31 Tower Hill Ave
- 220 Spring St
- 38 Tower Hill Ave
- 40 Tower Hill Ave
- 36 Tower Hill Ave
- 51 Tower Hill Ave
- 224 Spring St
- 219 Spring St
- 27 Tower Hill Ave
- 196 Spring St
- 52 Tower Hill Ave
- 221 Spring St
- 34 Tower Hill Ave
- 228 Spring St
- 228 Spring St Unit Upstairs
- 23 Tower Hill Ave
- 192 Spring St