$704,467 - $774,000
RENTED JUL 1, 2025

50 Herbert St Red Bank, NJ 07701

1 Bed
1 Bath
500 Sq Ft
$1,468 Price per Sq Ft

Last Sold October 29, 2021

Last sale price $544,000 $1,088 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,727/month

Highlights

  • Wood Flooring
  • 4-minute walk to Red Bank
  • Multiple cooling system units
  • Red Bank Reg High School Rated A
  • No HOA
  • Living Room

About This Home

As of July 2025

Fully renovated-Charming 1-Bedroom 1 Bath Home in Prime Location! Featuring a brand-new kitchen, bathroom and hardwood floors offering modern comfort and style. Enjoy the convenience of an in-unit washer and dryer. Just one block from the train station—perfect for commuters. Walk to shops, restaurants, parks, and everything this vibrant community has to offer. Don't miss out on this opportunity.

Last Agent to Rent the Property

Allison Gregory

Resources Real Estate Brokerage Phone: 732-212-0440 License #0789384 Listed on: 05/22/2025

Last Renter's Agent

Mark Gregory

Resources Real Estate License #0791818

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,700

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Bungalow

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 6/1/25
  • Assessor Parcel Number 39-00065-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,700

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-06-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-212-0440
  • Subdivision Name: None
  • Architectural Style: Bungalow
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • Contract Info Available Date: 2025-06-01
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Allowable:Cats OK: Yes
  • Allowable:Dogs OK: Yes
  • Style Bungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Primary Bedroom Floor - Wood8: Yes

Exterior Features

  • Acres: 0.09
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 39-00065-0000-00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Oct 29, 2021
Sold by
Sullivan Christopher
Bought by
50 Herbert St Llc
Seller's Agent
Chelsea Crawford
Salt and Cedar Properties, LLC
Buyer's Agent
Allison Gregory
Resources Real Estate
List Price
$530,000
Sold Price
$544,000
Premium/Discount to List
$14,000
2.64%
Current Estimated Value
$709,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,688
Avg. Annual Appreciation
8.33%
Original Mortgage
$424,800
Outstanding Balance
$400,431
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$333,436

Purchase Details

Closed on
Oct 12, 2015
Sold by
Ni Fahong
Bought by
Sullivan Christopher

Purchase Details

Closed on
Jun 8, 2006
Sold by
United Redevelopment Llc
Bought by
Fahong Ni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2006
Sold by
Kramsky Les
Bought by
United Redevelopment Llc

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
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 24, 1997
Sold by
Vaiti Suzanne
Bought by
Vaiti Louis
Source: Public Records

Range of Values:

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Average Value
Not Available
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
50 Herbert St Llc $544,000 Madison Title Agency Llc
Sullivan Christopher $320 None Available
Fahong Ni $500,000 --
United Redevelopment Llc -- --
Kramsky Les $415,000 --
Vaiti Louis $29,365 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 50 Herbert St Llc $424,800
Previous Owner Shiloach Joseph $170,000
Previous Owner Sullivan Christopher $284,828
Previous Owner Ni Fahong $0
Previous Owner Ni Fahong $360,000
Previous Owner Ni Fahong $375,000
Previous Owner Fahong Ni $375,000
Previous Owner Kramsky Les $340,000
Closed Vaiti Louis --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Rented $26,400 +1000.0% --
06/20/2025 06/20/25 Under Contract -- -- --
06/04/2025 06/04/25 Price Changed $2,400 -7.7% $5 / Sq Ft
05/22/2025 05/22/25 For Rent $2,600 0.0% --
10/29/2021 10/29/21 Sold $544,000 +2.6% $359 / Sq Ft
10/05/2021 10/05/21 For Sale $530,000 0.0% $350 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $530,000 +65.6% $350 / Sq Ft
10/17/2016 10/17/16 Sold $320,000 -- $211 / Sq Ft
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
2024 $9,700 $534,600 $200,000 $334,600
2023 $9,700 $507,600 $194,100 $313,500
2022 $8,011 $463,200 $163,200 $300,000
2021 $8,011 $358,100 $136,000 $222,100
2020 $7,695 $338,700 $136,000 $202,700
2019 $7,356 $332,700 $136,000 $196,700
2018 $7,117 $325,400 $136,000 $189,400
2017 $6,376 $302,200 $136,000 $166,200
2016 $6,277 $297,900 $136,000 $161,900
2015 $6,420 $315,800 $128,000 $187,800
2014 $7,151 $373,800 $186,000 $187,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22515095

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00065-0000-00010