Rare value-add opportunity in the heart of Red Bank! This 6-family multifamily offers below-market rents with significant upside through strategic adjustments as units turn over -- a true investor's dream with the hard work already priced in.
Tenants enjoy walkable access to NJ Transit with direct NYC service, plus Red Bank's acclaimed dining, bars, and entertainment -- amenities that keep units full and tenants renewing.
A major Netflix production hub coming within 5 miles will drive further demand for quality housing in the area.
Premier location, embedded rent growth, and a generational demand catalyst on the doorstep. Don't miss this one.
Property is being sold as is.
Sold for $1,135,000
$1,135,000
69 Washington Street, Red Bank, NJ 07701
6beds
2,631sqft
Multi Family
Built in 1900
-- sqft lot
$1,143,700 Zestimate®
$431/sqft
$3,561 Estimated rent
Home value
$1,143,700
$1.06M - $1.24M
$3,561/mo
Zestimate® history
Owner options
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$3,561/mo
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$3,561/mo
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$7,575/mo
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$7,575/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Ralph Patrone 609-501-5977,
David DePaola and Company RE
Bought with:
Trevor Bovington, 2080295
Keller Williams Realty West Monmouth
Source: MoreMLS,MLS#: 22605460
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Cooling
- Other
Features
- Basement: Walk-Out Access,Tenant Storage
Interior area
- Total structure area: 2,631
- Total interior livable area: 2,631 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Stories: 2
Lot
- Size: 6,534 Square Feet
- Dimensions: 63 x 101
Details
- Parcel number: 3900025000000015
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
Location
- Region: Red Bank
Financial & listing details
- Price per square foot: $431/sqft
- Date on market: 3/6/2026
- Tenant pays: Hot Water
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $1,135,000-12.7%$431/sqft |
Source:  MoreMLS #22605460 Report a problem | ||
| 4/11/2026 | Pending sale | $1,299,900$494/sqft |
Source: MoreMLS #22605460 Report a problem | ||
| 3/6/2026 | Listed for sale | $1,299,900$494/sqft |
Source: MoreMLS #22605460 Report a problem | ||
| 1/5/2026 | Listing removed | $1,299,900$494/sqft |
Source: MoreMLS #22530894 Report a problem | ||
| 11/20/2025 | Pending sale | $1,299,900$494/sqft |
Source: MoreMLS #22530894 Report a problem | ||
| 10/12/2025 | Listed for sale | $1,299,900$494/sqft |
Source: MoreMLS #22530894 Report a problem | ||
| 7/2/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/24/2022 | Listed for rent | $1,400+17.2%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/4/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/13/2020 | Listing removed | $1,195 |
Source: Owner Report a problem | ||
| 8/9/2020 | Price change | $1,195-4.4% |
Source: Owner Report a problem | ||
| 7/23/2020 | Price change | $1,250-3.8% |
Source: Owner Report a problem | ||
| 7/17/2020 | Listed for rent | $1,300+8.3% |
Source: Owner Report a problem | ||
| 8/19/2018 | Listing removed | $1,200 |
Source: Owner Report a problem | ||
| 8/4/2018 | Listed for rent | $1,200+4.3% |
Source: Owner Report a problem | ||
| 4/14/2017 | Listing removed | $1,150 |
Source: Owner Report a problem | ||
| 4/7/2017 | Listed for rent | $1,150 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 07701
Nearby homes
- $--1 bd1 ba675 sqft69 Washington St APT 2, Red Bank, NJ 07701Off Market
- $---- bd1 ba350 sqft69 Washington St APT 1, Red Bank, NJ 07701Off Market
- $1,400,0004 bd3 ba-- sqft65 Washington St, Red Bank, NJ 07701Sold
- $--2 bd1 ba1k sqft97 Wallace St, Red Bank, NJ 07701Off Market
- $814,9004 bd2 ba1.6k sqft95-97 Wallace St, Red Bank, NJ 07701Off Market
- $--1 bd1 ba-- sqft70 Washington St APT D, Red Bank, NJ 07701Off Market
- $849,3003 bd2 ba2.9k sqft95 Wallace St, Red Bank, NJ 07701Off Market
- $--2 bd1 ba1.5k sqft96 Wallace St #96, Red Bank, NJ 07701Off Market
Nearby schools
GreatSchools rating
- 5/10Red Bank Middle SchoolGrades: 4-8Distance: 0.2 mi
- 6/10Red Bank Regional High SchoolGrades: 9-12Distance: 1.1 mi
- 4/10Red Bank Primary SchoolGrades: PK-3Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Red Bank Prm
- Middle: Red Bank
- High: Red Bank Reg
Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,143,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,143,700
- New Jersey
- Monmouth County
- Red Bank
- 07701
- 69 Washington Street
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