Welcome to this breathtaking first-floor waterfront condo with private garage, nestled in the sought-after Shadow Lake Village. Overlooking serene waters, this thoughtfully updated home boasts brand new luxury vinyl flooring and fresh paint throughout. It offers a spacious dining and living area ideal for entertaining, just steps from the kitchen with granite counters and center island. This home offers two bedrooms, a generous owner's suite, and an ensuite bath & direct access to the bright sunroom where you an enjoy waterfront views. The second Bedroom is served by a second full bathroom. Don't miss this opportunity to live in this serene waterfront retreat, including 24/7 guardhouse & new Clubhouse. Enjoy the 2 golf courses, tennis, pickleball, bocci fitness center, billiards, library and swimming pool! The boat house offers dock access for a great day on the water! Conveniently located to Downtown Red Bank and easy access to Jersey Shore and Parkway, NJ Transit & Ferry to NYC!
For sale
Price cut: $39.1K (6/16)
$559,900
46 Friendship Court, Red Bank, NJ 07701
2beds
1,108sqft
Adult Community
Built in 1978
871 Square Feet Lot
$556,300 Zestimate®
$505/sqft
$500/mo HOA
What's special
Waterfront condoPrivate garageEnsuite bathFresh paint throughoutOverlooking serene watersWaterfront views
- 24 days |
- 1,327 |
- 34 |
Zillow last checked:
Listing updated:
Listed by:
Nancy Coviello 732-547-2697,
RE/MAX Central
Source: MoreMLS,MLS#: 22616805
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Electric, Central Air
Features
- Flooring: Ceramic Tile
- Basement: None
Interior area
- Total structure area: 1,108
- Total interior livable area: 1,108 sqft
Property
Parking
- Total spaces: 1
- Parking features: Open
- Garage spaces: 1
Features
- Levels: Lower Level
- Stories: 1
- Entry location: Lower Level
- Pool features: Community, In Ground
- On waterfront: Yes
Lot
- Size: 871 Square Feet
Details
- Parcel number: 3201011000000435
- Zoning description: Neighborhood
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Adult Community
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Security: Security Guard
- Senior community: Yes
- Subdivision: Shadow Lake Vil
HOA
- Has HOA: Yes
- Services included: Trash, Common Area, Snow Removal
- HOA fee: $500 monthly
Location
- Region: Red Bank
Financial & listing details
- Price per square foot: $505/sqft
- Tax assessed value: $419,300
- Annual tax amount: $6,768
- Date on market: 6/5/2026
- Inclusions: Washer, Dishwasher, Dryer, Electric Cooking, Microwave, Refrigerator, Garage Door Opener
- Exclusions: personal property
Estimated market value
$556,300
$528,000 - $584,000
$3,372/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $559,900-6.5%$505/sqft |
Source:  MoreMLS #22616805 Report a problem | ||
| 6/5/2026 | Listed for sale | $599,000+149.6%$541/sqft |
Source: MoreMLS #22616805 Report a problem | ||
| 9/3/2002 | Sold | $240,000$217/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,897 +23.8% | $419,300 +23.8% |
| 2024 | $5,570 +0.2% | $338,600 +5.8% |
| 2023 | $5,562 +0.2% | $320,000 +8.6% |
| 2022 | $5,549 +7.3% | $294,700 +18.5% |
| 2021 | $5,173 +3.8% | $248,700 +4.7% |
| 2020 | $4,982 +7% | $237,500 +0.7% |
| 2019 | $4,658 | $235,900 +1.2% |
| 2018 | $4,658 -14.2% | $233,100 +23.1% |
| 2017 | $5,428 +29.8% | $189,300 -25.7% |
| 2016 | $4,182 -1.2% | $254,700 +30.1% |
| 2015 | $4,234 +2.3% | $195,800 +1.2% |
| 2014 | $4,139 +1.5% | $193,400 |
| 2013 | $4,077 +1% | $193,400 |
| 2012 | $4,036 +0.7% | $193,400 |
| 2011 | $4,008 +4.1% | $193,400 -13.4% |
| 2010 | $3,852 -8% | $223,300 |
| 2009 | $4,185 | $223,300 +102.1% |
| 2008 | -- | $110,500 |
| 2007 | -- | $110,500 |
| 2006 | -- | $110,500 |
| 2005 | -- | $110,500 |
| 2003 | -- | $110,500 |
| 2002 | -- | $110,500 |
| 2001 | -- | $110,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 07701
Nearby schools
GreatSchools rating
- 6/10River Plaza Elementary SchoolGrades: K-5Distance: 0.8 mi
- 7/10Thompson Middle SchoolGrades: 6-8Distance: 1.6 mi
- 7/10Middletown - South High SchoolGrades: 9-12Distance: 1 mi
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A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Monmouth County
- Red Bank
- 07701
- 46 Friendship Court
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