$375,000
SOLD JAN 23, 2018

99 River St Red Bank, NJ 07701

-- Bed
-- Bath
2,508 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Storm Doors
  • Red Bank Reg High School Rated A
  • Multiple cooling system units
  • 3-minute walk to Johnny Jazz Park

About This Home

As of August 2023

Great location for commuting with easy access to train station and beautiful downtown Red Bank. Great investment and a great option also for owner-occupant. Owner says roof, furnace, water heater replaced approximately 1999-2000. House is in decent condition and ready for new owners. Fully occupied; rents could be higher. Tenants pay their electric. Tenant 1 (lower level, 2 bedroom unit) pays for cooking gas. Landlord pays gas ($250-$300 monthly), water and sewer.

Last Agent to Sell the Property

Connie King

Weichert Realtors-Ocean Listed on: 04/12/2017

Last Buyer's Agent

Connie King

Weichert Realtors-Sea Girt License #9231445

Weichert Realtors-Sea Girt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,004

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 55 x 128
  • Fenced
  • Level Lot

Home Design

  • Triplex
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,508 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Storm Doors
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Red Bank Reg High School

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for hot water, sewer, heat, gas
  • Assessor Parcel Number 39-00078-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,004

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Fenced Area, Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1915
  • 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: 55 x 128
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Cooling Multi Units: Yes
  • Roof Sloping: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Exterior Screens2: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Partial
  • Basement: Yes
  • Stories: 2
  • Basement:Walk-Out Access: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle, Sloping
  • Waterfront: No
  • Exterior Features: Deck, Fence, Storm Door(s), Screens, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 55 x 128
  • Parcel #: 39-00078-0000-00007
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: See Remarks, Electricity
  • Owner Pays: Hot Water, Sewer, Heat, Gas

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8004.0
  • Tax Other Annual Assessment Amount: 314500.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
Aug 14, 2023
Sold by
Falzone Vincenzo and Cannizzaro Frank
Bought by
Alcine Enock
Seller's Agent
James Giannell
New Markets Realty Inc
Buyer's Agent
Lilly Shamam
Keller Williams Realty East Monmouth
List Price
$609,900
Sold Price
$575,000
Premium/Discount to List
-$34,900
-5.72%
Views
481
Current Estimated Value
$746,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,857
Avg. Annual Appreciation
13.75%
Original Mortgage
$100,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jan 23, 2018
Sold by
Smith Gwendolyn
Bought by
Cannizzaro Frank and Falzone Vincenzo
Seller's Agent
Connie King
Weichert Realtors-Ocean
Buyer's Agent
Connie King
Weichert Realtors-Sea Girt
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$281,250
Interest Rate
3.99%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $581,000 Fidelity National Title
Deed $375,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $591,500 Construction
Closed $100,000 Seller Take Back
Previous Owner $281,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $575,000 -5.7% $228 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $609,900 +62.6% $242 / Sq Ft
01/23/2018 01/23/18 Sold $375,000 -- $150 / 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
2025 $10,716 $620,900 $190,800 $430,100
2024 $9,723 $567,300 $200,000 $367,300
2023 $9,723 $508,800 $150,700 $358,100
2022 $9,541 $481,400 $138,600 $342,800
2021 $9,541 $426,500 $115,500 $311,000
2020 $9,072 $399,300 $115,500 $283,800
2019 $8,530 $385,800 $110,500 $275,300
2018 $7,250 $331,500 $110,500 $221,000
2017 $6,754 $320,100 $100,500 $219,600
2016 $6,627 $314,500 $100,500 $214,000
2015 $7,754 $393,700 $135,300 $258,400
2014 $8,529 $458,900 $200,500 $258,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21646871

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00078-0000-00007