NOT LISTED FOR SALE

47 Rector Place Red Bank, NJ 07701

Estimated Value: $1,007,000 - $1,741,000

1 Bed
1 Bath
3,365 Sq Ft
$420/Sq Ft Est. Value

Highlights

  • River View
  • Colonial Architecture
  • Loft
  • Red Bank Reg High School Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of December 2022

If you're looking for great water views this is the rental you've been waiting for! Spacious eat-in kitchen with lots of cabinet space and separate breakfast area, generously sized loft for extra living space, private second floor deck to enjoy the lovely water views, light and bright living room with bow window and a wonderful deep back yard. Close to center of town, train station, shops, restaurants, parks, beaches and Garden State Parkway. No smokers. Pets on a case-by-case basis.

Last Agent to Rent the Property

Joan Picone

Weichert Realtors-Rumson License #9702034 Listed on: 10/18/2022

Weichert Realtors-Rumson

Last Renter's Agent

Joan Picone

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,055

Year Built

  • 1907

Lot Details

  • River Front

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Loft
  • River Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Stove
  • Portable Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Common or Shared Parking
  • Driveway

Schools

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

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $4,800
  • Property Available on 11/7/22
  • Assessor Parcel Number 390000-00010-00006

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, snow removal

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,055

Year Built

1907

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2022-11-07

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • ResoPoolFeatures: Other
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Snow Removal
  • Inclusions: Wall Oven, Washer, Stove, Counter Top Range, Ceiling Fan(s), Screens, Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Red Bank
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2022-11-07
  • Maintenance Fees Security Deposit3: 4800.0
  • Lease Requirements Security Deposit4: Yes
  • Rooms Loft2: Yes
  • Water Type Riverfront: Yes
  • Included Counter Top Range: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Water Type Riverview: Yes
  • Cooling Heat Pump2: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None
  • Year Built: 1907

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes
  • Appliances Included:Wall Oven: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes

Exterior Features

  • Waterfront Features: Riverfront, Riverview
  • Waterfront: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 390000-00010-00006

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2003
Sold by
Meeks Jeffrey
Bought by
Macmanus Paul and Macmanus Nichol
Current Estimated Value
$1,412,111

Purchase Details

Closed on
Sep 17, 1999
Sold by
Davis J Michael
Bought by
Talarico John and Talarico Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
7.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 1994
Sold by
Federal National Mortgage Association
Bought by
Davis J Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Macmanus Paul $430,000 --
Talarico John $315,000 --
Davis J Michael $126,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talarico John $236,250
Previous Owner Davis J Michael $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2022 12/17/22 Rented $34,800 +1100.0% --
11/08/2022 11/08/22 Price Changed $2,900 -9.4% $1 / Sq Ft
10/18/2022 10/18/22 For Rent $3,200 -90.8% --
09/02/2015 09/02/15 Rented $34,800 +11.5% --
02/01/2013 02/01/13 Rented $31,200 -- --
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 $23,055 $1,235,700 $563,700 $672,000
2024 $19,827 $1,220,500 $522,900 $697,600
2023 $19,827 $1,037,500 $522,900 $514,600
2022 $19,574 $981,700 $489,200 $492,500
2021 $19,574 $875,000 $426,500 $448,500
2020 $18,987 $835,700 $426,500 $409,200
2019 $18,121 $819,600 $426,500 $393,100
2018 $17,608 $805,100 $426,500 $378,600
2017 $16,937 $802,700 $426,500 $376,200
2016 $16,709 $793,000 $426,500 $366,500
2015 $17,077 $840,000 $619,600 $220,400
2014 $16,069 $840,000 $619,600 $220,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2022

    Joan Picone

    Weichert Realtors-Rumson

    (732) 829-8291

    1 in this area

    9 Total Sales

    Joan Picone
    Section Image

  • C

    Buyer's Agent in 2013

    Christian Giamanco

    VRI Homes

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22232534

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00001-0000-00006

New Jersey Monmouth County Red Bank 07701

47 Rector Place, Red Bank, NJ

This home is located at 47 Rector Place, Red Bank, NJ 07701 since 18 October 2022 and is currently priced at $1,412,111. This property was built in 1907. 47 Rector Place 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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