Welcome to Shadow Lake Village, a sought-after 55+ community located in the heart of Middletown, offering a comfortable lifestyle with outstanding amenities and everyday convenience. This well-maintained two-bedroom lower-level unit provides easy, low-maintenance living in a welcoming community known for its active and social atmosphere. The home features a practical and inviting layout, with generously sized bedrooms and comfortable living and dining spaces ideal for relaxing or hosting guests. The lower-level location offers convenient access with minimal stairs, making daily living both easy and functional. Pride of ownership is evident throughout, creating a move-in-ready opportunity for its next owner. Shadow Lake offers an exceptional retirement lifestyle. hady Oaks is centered around a busy community center that serves as the hub of neighborhood activity. Residents enjoy a variety of social events, clubs, and activities designed to encourage connection and engagement. The community also features a pool area, perfect for warm-weather relaxation and socializing, as well as an on-site 9-hole golf course, offering a fun and convenient way to stay active close to home.
Ideally situated, Shady Oaks is close to all amenities, including shopping, dining, medical facilities, and recreational options. Middletown's prime location also provides easy access to major roadways and nearby Jersey Shore attractions, making day trips and outings simple and enjoyable.
Pending
$325,000
41 Western Reach, Red Bank, NJ 07701
2beds
999sqft
Adult Community
Built in 1979
435 Square Feet Lot
$321,200 Zestimate®
$325/sqft
$495/mo HOA
What's special
Well-maintained two-bedroom lower-level unitGenerously sized bedroomsPractical and inviting layout
- 157 days |
- 19 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Graeme W Atkinson 732-687-8259,
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Source: MoreMLS,MLS#: 22602083
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Area: 120
- Dimensions: 12 x 10
Other
- Area: 224
- Dimensions: 16 x 14
Dining room
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Area: 144
- Dimensions: 12 x 12
Living room
- Description: Dining Combo
- Area: 192
- Dimensions: 16 x 12
Heating
- Electric
Cooling
- Electric
Features
- Flooring: Tile
Interior area
- Total structure area: 999
- Total interior livable area: 999 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, None
Features
- Levels: Lower Level
- Stories: 1
- Entry location: Lower Level
- Exterior features: Controlled Access
- Pool features: Community, In Ground
Lot
- Size: 435 Square Feet
- Topography: Level
Details
- Parcel number: 3201011000000567
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Adult Community
Materials
- Foundation: Slab
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Senior community: Yes
- Subdivision: Shadow Lake Vil
HOA
- Has HOA: Yes
- Services included: Trash, Common Area, Lawn Maintenance, Pool, Snow Removal
- HOA fee: $495 monthly
Location
- Region: Red Bank
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $340,400
- Annual tax amount: $5,494
- Date on market: 1/22/2026
- Inclusions: AC Units, Washer, Dishwasher, Dryer, Stove, Refrigerator
Estimated market value
$321,200
$305,000 - $337,000
$2,711/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2026 | Pending sale | $325,000$325/sqft |
Source: | ||
| 1/22/2026 | Listed for sale | $325,000+124.1%$325/sqft |
Source: | ||
| 7/29/2008 | Sold | $145,000+81.3%$145/sqft |
Source: Public Record Report a problem | ||
| 11/21/1994 | Sold | $80,000$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,600 +24.2% | $340,400 +24.2% |
| 2024 | $4,507 +2.6% | $274,000 +8.4% |
| 2023 | $4,394 +18.6% | $252,800 +28.5% |
| 2022 | $3,706 +8.7% | $196,800 +20.1% |
| 2021 | $3,409 +5% | $163,900 +8.2% |
| 2020 | $3,248 +1.4% | $151,500 -1.5% |
| 2019 | $3,203 | $153,800 +4.1% |
| 2018 | $3,203 +36.6% | $147,800 +12% |
| 2017 | $2,344 -1.1% | $132,000 +20% |
| 2016 | $2,371 +5.1% | $110,000 -0.9% |
| 2015 | $2,257 +2.3% | $111,000 +7.7% |
| 2014 | $2,206 +1.5% | $103,100 |
| 2013 | $2,173 +1% | $103,100 |
| 2012 | $2,152 -8.1% | $103,100 |
| 2011 | $2,341 +4.1% | $103,100 -20.9% |
| 2010 | $2,249 -18.1% | $130,400 |
| 2009 | $2,746 | $130,400 +64.9% |
| 2008 | -- | $79,100 |
| 2007 | -- | $79,100 |
| 2006 | -- | $79,100 |
| 2005 | -- | $79,100 |
| 2003 | -- | $79,100 |
| 2002 | -- | $79,100 |
| 2001 | -- | $79,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 07701
Nearby schools
GreatSchools rating
- 6/10River Plaza Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Thompson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Middletown - South High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Monmouth County
- Red Bank
- 07701
- 41 Western Reach







