RENTED JUN 22, 2025

43 Tower Hill Ave Unit 2 Red Bank, NJ 07701

Estimated Value: $798,000 - $814,602

1 Bed
1 Bath
700 Sq Ft
$1,154/Sq Ft Est. Value

Highlights

  • 0.23 Acre Lot
  • Wood Flooring
  • Living Room
  • Red Bank Regional High School Rated A
  • Furnished
  • Central Air

About This Home

As of June 2025

Short Term furnished (furniture optional) summer rental in Vibrant Downtown Red Bank. Ready for immediate occupancy. Large 1 bedroom, 2nd floor unit of a 2 family home featuring living room, separate dining room, bedroom & kitchen with stackable washer/dryer. New carpets, lighting & walk up attic for storage. Walking distance to town & only 12 minutes to Jersey Shore Beaches. Available for June at $2250, July at $4,000, August at $5000 or entire summer through August 31 at $8,000. Flat fee of $100/month for all utilities. Cable & wifi tenant's responsibility. Pets on case by case basis. Come & see the space to rent today!

Last Agent to Rent the Property

Allison Gregory

Resources Real Estate Brokerage Phone: 732-212-0440 License #0789384 Listed on: 06/05/2025

Last Renter's Agent

Zachary Mandell

Resources Real Estate License #2558138

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 10,019

Home Design

  • Duplex

Interior Spaces

  • 700 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Walkup Attic

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Off-Street Parking

Utilities

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

Additional Features

  • 10,019 Sq Ft Lot
  • Upper Level

Listing and Financial Details

  • Property Available on 6/6/25
  • Month-to-Month Lease Term
  • Short Term Lease
  • Assessor Parcel Number 39-00111-0000-00007

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Rental Info

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

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Attribution Contact: 732-212-0440
  • Inclusions: Washer, Ceiling Fan(s), Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Reso Interior Features: Attic - Walk Up
  • Year Built: 1907
  • Contract Info List PriceSqFt: 3.21
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.23
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Contract Info Available Date: 2025-06-06
  • Maintenance Fees Security Deposit3: 1.0
  • Lease Requirements Security Deposit4: Yes
  • Interior Attic - Walk Up: Yes
  • General Property Info # Parking Spaces3: 2
  • Furnished Full2: Yes
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.23
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 39-00111-0000-00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
May 27, 2025
Sold by
Pennell Kevin and Pennell Deborah
Bought by
Montalbano Anthony L
Seller's Agent
Allison Gregory
Resources Real Estate
Buyer's Agent
Zachary Mandell
Resources Real Estate
Sold Price
$5,625
Views
11
Current Estimated Value
$807,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$802,026
Original Mortgage
$340,000
Outstanding Balance
$339,119
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$468,532

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
06/22/2025 06/22/25 Rented $5,625 +150.0% --
06/12/2025 06/12/25 Under Contract -- -- --
06/05/2025 06/05/25 For Rent $2,250 -- --
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 $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

  • A

    Landlord's Agent in 2025

    Allison Gregory

    Resources Real Estate

    (908) 472-2194

    27 in this area

    56 Total Sales

    Allison Gregory
    Section Image

  • Z

    Tenant's Agent in 2025

    Zachary Mandell

    Resources Real Estate

    (908) 510-7891

    10 Total Sales

    Zachary Mandell
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22516614

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00111-0000-00007

New Jersey Monmouth County Red Bank 07701

43 Tower Hill Ave Unit 2, Red Bank, NJ

Not Listed for Sale

MultiFamily

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.

Nearby Homes