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$1,650,000

21 Washington St Red Bank, NJ 07701

9 beds
4 full
2,460 sqft
0.2 acres
$671 / sqft
Multi-Family

Property details

About 21 Washington St

Exceptional investment opportunity in thriving Red Bank, one of Monmouth County's most desirable rental markets. This cash-flowing multi-family property sits on a rare double lot and features four fully leased rental units across two separate buildings — ideal for long-term investors or 1031 exchange buyers. The front building has two units: Unit A: 2 bedrooms, living room, kitchen, full bath, family room & a partial basement. Unit B: 2 bedrooms, living room, & full bath. The rear building, was converted into two apts in 1987, Each unit offers2 bedrooms, living rm, kitchen, & full bath. All pay their own utilities & each have 2 onsite dedicated parking spaces. providing added appeal. Strategically located just a block away from Riverview Medical Center & Downtown Red Bank! Sold AS-IS

Highlights

Home typeMulti Family
HeatingBaseboard
StatusActive
CoolingMulti Unit(s)
Size2,460 sqft
BasementYes
Lot size0.22 Acres
Year built1925
ParkingPaved, See Remarks, Off Street, None, Assigned
MLS #22522254

Summary

  • Full Bathrooms: 4
  • Basement: Yes
  • Flooring Type: Other, Ceramic Tile
  • Total Bedroom Count: 9
  • Attached Garage: No
  • Parking: Paved, See Remarks, Off Street, None, Assigned
  • Heating: Baseboard
  • Cooling: Multi Unit(s)
  • List Price: $1,650,000
  • Price/SqFt: $670
  • Annual Tax Amount: $14,330
  • Tax Year: 2024
  • Lot: Fencing, Level
  • Year Built: 1925
  • Living Area: 2,460 SqFt
  • Lot Size: 0.22 Acres
  • MLS Number: 22522254
  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • Office Name: RE/MAX First Class
  • Listing Agent: Eva G Acevedo

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/28/2025, 6:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$855,700$14,330
2022$700,000$13,974
2021$624,700$13,974
2020$593,300$12,903
2019$583,600$11,702

History based on county public records data.

Nearby schools

4

Red Bank Primary School

Public District PK-3

1.3 mi

222 River St

4

River Plaza Elementary School

Public District KG-5

1.4 mi

155 Hubbard Ave

8

Fairview Elementary School

Public District PK-5

1.8 mi

230 Cooper Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $80,987. Most Red Bank, NJ residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

18%
<35k
54%
35k-100k
24%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
7%
Single, with Kids
18%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
4%
12-17 yrs old
33%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Continuing Education CoursesContinuing Education Courses
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • QdobaQdoba
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • VolvoVolvo
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Frequently asked questions

About 21 Washington St

The listing price of 21 Washington St property is $1,650,000.

The property 21 Washington St is a multi located in Red Bank, New Jersey, 07701.

Active Listing: 21 Washington St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 21 Washington St are: Red Bank Primary School (GreatSchools Rating 4/10), River Plaza Elementary School (GreatSchools Rating 4/10), Fairview Elementary School (GreatSchools Rating 8/10), Red Bank Middle School (GreatSchools Rating 4/10), Red Bank Charter School (GreatSchools Rating 3/10), Knollwood School (GreatSchools Rating 9/10), Red Bank Regional High School (GreatSchools Rating 5/10), Middletown High School South (GreatSchools Rating 7/10), Rumson-Fair Haven Regional High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $14,330 (source: MLS/based on county public records data).

The property 21 Washington St is 2,460 SqFt (source: MLS/tax record).

The year of construction for 21 Washington St is 1925.

This home is located at 21 Washington St in Red Bank, NJ and zip code 07701. This 2,460 square foot home, which was built in 1925, sits on a 0.22 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $1,650,000.

In June 2025, from all listings sold in Red Bank, NJ there were more than 20 sold above asking price, over 8 sold below and more than 5 were sold right at the asked price. In June 2025 in Red Bank, NJ there were 6.9% less homes for sale than in May. The median list price of listings available in June 2025 was $616,000, while the average time on the real estate market was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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