61 Monmouth Street, Red Bank, NJ 07701

$2,500,000
Property Type: Commercial Square Footage: 6,800 Lot Size (sq. ft.): 3,920 Status: Closed
Current Price: $2,500,000 List Date: 5/16/2022 Last Modified: 2/10/2025

Overview

Description

Under Contract Continue to Show. Downtown commercial building with 2 residential units. Current owner has maintained structure in top condition after complete renovation. Fully rented with long term tenants.

Listing Details MLS# 22214718

Contract Info

Property Sub-Type
Commercial
Sale
Yes
Lease
No
List Price/SqFt
411.03
New Construction
No

Location

House Number
61
Street Name
Monmouth
Street Suffix
Street
County
Monmouth
Municipality
Red Bank (RED)
Postal City
Red Bank
State
NJ
Zip Code
07701
Area/Section
None
Directions
Monmouth Street to Drummond
Business District
Yes

General Property Info

# Levels
2
Apx SqFt
6800
Garage
No
# Parking Spaces
28
Acreage
0.09
Lot Dimensions
33 x 118
Business Operating
No
Franchise
No
Farm
No
# Elevators
0
# Car Garage
0

Tax and Legal

Asmnt - Total
1336000
Deed Restricted
No
Special Assessment
Yes
Taxes
31302
Tax Year
2021

Status Change Info

Under Contract Date
2023-06-09
Sold Date
2023-09-27

Remarks & Misc

Excluded
Tenants personal property. Building and rear lot for sale only. Must be sold together.

More Information

Use

Apartments
Yes
Art/Frame
Yes
Other
Yes

Interior

Fire Alarm
Yes
Fire Sprinkler System
Yes

Zoning

Commercial
Yes
Mixed
Yes
Office
Yes
Residential
Yes

Lot Description

Fenced/Enclosed Area
Yes
Level
Yes

Floors

Tile
Yes
Other
Yes

Electric

200 - 400 AMP
Yes

Basement

Full
Yes

Gas

On Site
Yes

Cooling

Central Air
Yes

Water Heater

Natural Gas
Yes

Heating

Forced Air
Yes
Hot Water
Yes
Natural Gas
Yes

Water

Public Water
Yes

Sewer

Public Sewer
Yes

Exterior

Security System
Yes

Parking

Assigned
Yes
Off Site
Yes
Off Street
Yes
Open
Yes
Paved
Yes

Assessment Status

Assessed
Yes

Construction/Siding

Stucco
Yes

Roof

Flat
Yes

Documents Available

Survey/Topography
Yes

Property Features

Location: Business District; Business District Use: Apartments; Art/Frame; Other Interior: Fire Alarm; Fire Sprinkler System Floors: Tile; Other Basement: Full Cooling: Central Air Heating: Forced Air; Hot Water; Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: 200 - 400 AMP Exterior: Security System Parking: Assigned; Off Site; Off Street; Open; Paved Roof: Flat Zoning: Commercial; Mixed; Office; Residential Lot Description: Fenced/Enclosed Area; Level Assessment Status: Assessed Documents Available: Survey/Topography
Listing Office: RE/MAX Paradigm Realty Group
Listing Agent: Paul D Ryan
IDX
Last Updated: February - 10 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.