UPDATED AND READY FOR ITS NEW OWNER, this beautiful RANCH in desirable Shadow Lake Village offers PRIVATE and PEACEFUL surroundings with its wooded backdrop and waterview. Kitchen has been tastefully updated with recessed lighting, quartz countertops and SS appliances, and adjoins the dining room featuring decorative molding. Spacious living room leads to the sunroom with glass slider doors to the patio and backyard. Primary bath and hall bath have been completely updated with new fixtures and tiling. Recent updates (within 3 yrs) include a newer HVAC system, hot water heater, lighting, custom molding and upgraded flooring throughout. Enjoy the benefits of Shadow Lake Village with gated security, 9-hole golf course, pool, tennis, pickleball, bocce, clubhouse, gym, & scenic walking trails.
Sold for $575,000
$575,000
40 Ellsworth Court, Red Bank, NJ 07701
2beds
1,132sqft
Adult Community
Built in 1980
-- sqft lot
$600,700 Zestimate®
$508/sqft
$3,091 Estimated rent
Home value
$600,700
$553,000 - $655,000
$3,091/mo
Zestimate® history
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List your homeWhat's special
Wooded backdropCustom moldingPrivate and peaceful surroundingsQuartz countertops
Zillow last checked:
Listing updated:
Listed by:
Jennifer Bernabeo 732-690-8687,
EXP Realty
Bought with:
Salvatrice Talbot, 1430976
Preferred Properties Real Estate
Source: MoreMLS,MLS#: 22534420
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Area: 115
- Dimensions: 11.5 x 10
Other
- Area: 181.5
- Dimensions: 16.5 x 11
Dining room
- Area: 105
- Dimensions: 10.5 x 10
Kitchen
- Area: 131.25
- Dimensions: 12.5 x 10.5
Living room
- Area: 285
- Dimensions: 19 x 15
Heating
- Baseboard
Cooling
- Central Air
Features
- Dec Molding, Recessed Lighting
- Basement: None
- Attic: Attic
Interior area
- Total structure area: 1,132
- Total interior livable area: 1,132 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Common, None
Features
- Stories: 1
- Exterior features: Swimming, Tennis Court(s)
- Pool features: Community, Fenced
- On waterfront: Yes
- Waterfront features: Creek
Lot
- Features: Back to Woods
Details
- Parcel number: 3201011000000480
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Adult Community
- Attached to another structure: Yes
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Security: Security Guard
- Subdivision: Shadow Lake Vil
HOA
- Has HOA: Yes
- Services included: Common Area, Pool, Snow Removal
- HOA fee: $528 monthly
Location
- Region: Red Bank
Financial & listing details
- Price per square foot: $508/sqft
- Tax assessed value: $476,300
- Annual tax amount: $6,703
- Date on market: 11/13/2025
- Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2025 | Sold | $575,000+4.6%$508/sqft |
Source:  MoreMLS #22534420 Report a problem | ||
| 12/10/2025 | Pending sale | $549,900$486/sqft |
Source: MoreMLS #22534420 Report a problem | ||
| 11/13/2025 | Listed for sale | $549,900+50.7%$486/sqft |
Source: MoreMLS #22534420 Report a problem | ||
| 2/17/2023 | Sold | $365,000-3.7%$322/sqft |
Source: Agent Provided Report a problem | ||
| 12/9/2022 | Listed for sale | $379,000-2.3%$335/sqft |
Source: MoreMLS #22237110 Report a problem | ||
| 11/29/2022 | Listing removed | -- |
Source: MoreMLS #22235588 Report a problem | ||
| 11/17/2022 | Listed for sale | $388,000-2.8%$343/sqft |
Source: MoreMLS #22235588 Report a problem | ||
| 11/16/2022 | Listing removed | -- |
Source: MoreMLS #22233469 Report a problem | ||
| 10/27/2022 | Listed for sale | $399,000$352/sqft |
Source: MoreMLS #22233469 Report a problem | ||
| 10/25/2022 | Listing removed | -- |
Source: MoreMLS #22231498 Report a problem | ||
| 10/20/2022 | Price change | $399,000-7%$352/sqft |
Source: MoreMLS #22231498 Report a problem | ||
| 10/7/2022 | Listed for sale | $429,000+86.5%$379/sqft |
Source: MoreMLS #22231498 Report a problem | ||
| 1/17/2003 | Sold | $230,000$203/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,835 +16.9% | $476,300 +16.9% |
| 2024 | $6,703 -5.9% | $407,500 -0.6% |
| 2023 | $7,122 +20.8% | $409,800 +30.9% |
| 2022 | $5,896 -2.9% | $313,100 +7.2% |
| 2021 | $6,074 +4% | $292,000 +6.7% |
| 2020 | $5,842 -0.1% | $273,700 -1% |
| 2019 | $5,847 | $276,600 +2.5% |
| 2018 | $5,847 +14.5% | $269,800 +4.9% |
| 2017 | $5,106 +39.5% | $257,300 +7.4% |
| 2016 | $3,661 +3.9% | $239,600 +39.8% |
| 2015 | $3,524 +2.3% | $171,400 +6.5% |
| 2014 | $3,445 +1.5% | $161,000 |
| 2013 | $3,394 +1% | $161,000 |
| 2012 | $3,360 -1.8% | $161,000 |
| 2011 | $3,421 +4.1% | $161,000 -15.5% |
| 2010 | $3,288 -32% | $190,600 |
| 2009 | $4,832 | $190,600 +49.4% |
| 2008 | -- | $127,600 |
| 2007 | -- | $127,600 |
| 2006 | -- | $127,600 |
| 2005 | -- | $127,600 |
| 2003 | -- | $127,600 |
| 2002 | -- | $127,600 |
| 2001 | -- | $127,600 |
Find assessor info on the county website
Neighborhood: 07701
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Nearby schools
GreatSchools rating
- 6/10River Plaza Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Thompson Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Middletown - South High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$600,700
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Estimated market value
$600,700
- New Jersey
- Monmouth County
- Red Bank
- 07701
- 40 Ellsworth Court
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