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

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.

More Information MLS# 22214718

Contract Info

Sale: Yes Lease: No List Price/SqFt: 411.03 New Construction: No Status: Closed List Date: 2022-05-16 Property Sub-Type: Commercial Sold Price: $2,500,000 Current Price: $2,500,000

Location

Area/Section: None Business District: 1 House Number: 61 Street Name: Monmouth Street Suffix: Street County: Monmouth Municipality: Red Bank (RED) Postal City: Red Bank State: NJ Zip Code: 07701 Directions: Monmouth Street to Drummond

General Property Info

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

Tax and Legal

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

Remarks & Misc

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

Use

Apartments: 1 Art/Frame: 1 Other: 1

Interior

Fire Alarm: 1 Fire Sprinkler System: 1

Zoning

Commercial: 1 Mixed: 1 Office: 1 Residential: 1

Lot Description

Fenced/Enclosed Area: 1 Level: 1

Floors

Tile: 1 Other: 1

Electric

200 - 400 AMP: 1

Basement

Full: 1

Gas

On Site: 1

Cooling

Central Air: 1

Water Heater

Natural Gas: 1

Heating

Forced Air: 1 Hot Water: 1 Natural Gas: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Exterior

Security System: 1

Parking

Assigned: 1 Off Site: 1 Off Street: 1 Open: 1 Paved: 1

Assessment Status

Assessed: 1

Construction/Siding

Stucco: 1

Roof

Flat: 1

Documents Available

Survey/Topography: 1

Status Change Info

Under Contract Date: 2023-06-09 Sold Date: 2023-09-27 Sold Price: $2,500,000

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
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