6 days on Rocket
$10,000 Closing Credit¹
#22509304, Edi Selita, Listing Office: The Selita Agency
$829,000 List price
31 Washington St Red Bank, NJ 07701
$9,844
Closing credit¹
Multi-Family
Property details
About 31 Washington St
Your Next Great Investment Opportunity Awaits! Discover this beautifully maintained multifamily duplex nestled in the heart of thriving Red Bank! A perfect opportunity for savvy investors or owner-occupants alike. This charming property offers two spacious units with endless potential - live in one while generating rental income from the other, or rent out both for maximum returns! Unit #A has 2 generous BRs & 2 full baths, a large eat-in kitchen and access to the basement for added storage. Unit #B has 2 spacious BRs & 1 full bath. Both units enjoy a private entrance and relaxing rocking chair porch with side swing as well a rear private deck which leads to the generous shared yard ideal for entertaining or unwinding. Situated close to Red Bank's vibrant downtown, local shops, dining beaches, and major transportation hubs - convenience meets opportunity in this exceptional property. Don't miss out - opportunity is knocking! Schedule your showing today!
Highlights
Home typeMulti Family
StatusActive
CoolingMulti Unit(s)
BasementYes
ParkingOn Street, None
MLS #22507363
Summary
- MLS Number: 22507363
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: Resources Real Estate
- Office Phone: (732) 212-0440
- Listing Agent: Stacey Farinacci
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: 4/9/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$829,000
31 Washington St
$9,844
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 15, 2020 | Home Sold | $585,000 |
| Nov 20, 2006 | Home Sold | $545,000 |
| Nov 20, 2006 | Home Sold | $545,000 |
| Dec 06, 2004 | Home Sold | $445,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $691,300 | $12,914 |
| 2022 | $629,000 | $12,576 |
| 2021 | $562,200 | $12,576 |
| 2020 | $415,300 | $9,056 |
| 2019 | $409,600 | $8,734 |
History based on county public records data.
Nearby schools
4
Red Bank Primary School
Public District PK-3
1.2 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.
Neighborhood
The neighbors living near this home have an average income of $80,987. Residents of Red Bank, NJ typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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 Opera
Continuing Education Courses
Yoga/pilates
Where do the neighbors shop?
Chico's
Express/Express For Men
H&M
Where do the neighbors go to eat?
Boston Market
Qdoba
Dominos Pizza
What do the neighbors drive?
Volvo
Volkswagen
Audi
What do the neighbors listen to?
Talk/Personality
Urban Contemporary
Alternative
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 31 Washington St in Red Bank, NJ and zip code 07701. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $829,000.
In March 2025 more than 8 listings in Red Bank, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 5 were sold below. In March 2025 in Red Bank, NJ there were 6.3% more homes for sale than in February. In March 2025 median list price was $609,333 and the average listing age was 31 days.
From Rocket Homes Real Estate and based on county public records data.