$1,299,900
COMING SOON

69 Washington St Red Bank, NJ 07701

Estimated payment $7,990/month

6 Beds
6 Baths
2,631 Sq Ft
6,534 Sq Ft Lot

Highlights

  • Cooling Available
  • Hot Water Heating System
  • 1 Car Garage
  • Red Bank Reg High School Rated A

About This Home

Capitalize on this rare opportunity to own a 6-family multifamily property in the heart of dynamic Red Bank, NJ. With rents currently below market levels, this property offers substantial potential to increase revenue through strategic rent adjustments, making it an ideal value-add investment.

Nestled in the vibrant Red Bank community, tenants enjoy walkable access to the NJ Transit train station, trendy bars, exceptional restaurants, and the town's lively cultural scene. A significant Netflix Studio development project is poised to elevate Red Bank's allure, further boosting tenant demand and long-term property value.

Don't miss this chance to invest in a high-potential multifamily asset in one of New Jersey's most sought-after markets!

Listing Agent

Ralph Patrone

David DePaola and Company RE License #2322049 Listed on: 10/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,176

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 63 x 101

Parking

  • 1 Car Garage

Interior Spaces

  • 2,631 Sq Ft Home
  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Storage

Schools

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

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 39-00025-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,176

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Six Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1900
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 63 x 101
  • Location Middle School: Red Bank
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 5 Gas Stove9: Yes
  • Special Features: 4128

Interior Features

  • Basement: Walk-Out Access, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Acres: 0.15
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Hot Water2: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 63 x 101
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 39-00025-0000-00015

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13176.0
  • Tax Other Annual Assessment Amount: 711100.0

Multi Family

  • Number Of Units Total: 6

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22530894

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00025-0000-00015