Welcome to Shadow Lake Village, a sought-after 55+ community located in the heart of Middletown, offering a comfortable lifestyle with outstanding amenities and everyday convenience. This well-maintained two-bedroom lower-level unit provides easy, low-maintenance living in a welcoming community known for its active and social atmosphere. The home features a practical and inviting layout, with generously sized bedrooms and comfortable living and dining spaces ideal for relaxing or hosting guests. The lower-level location offers convenient access with minimal stairs, making daily living both easy and functional. Pride of ownership is evident throughout, creating a move-in-ready opportunity for its next owner. Shadow Lake offers an exceptional retirement lifestyle. hady Oaks is centered around a busy community center that serves as the hub of neighborhood activity. Residents enjoy a variety of social events, clubs, and activities designed to encourage connection and engagement. The community also features a pool area, perfect for warm-weather relaxation and socializing, as well as an on-site 9-hole golf course, offering a fun and convenient way to stay active close to home.
Ideally situated, Shady Oaks is close to all amenities, including shopping, dining, medical facilities, and recreational options. Middletown's prime location also provides easy access to major roadways and nearby Jersey Shore attractions, making day trips and outings simple and enjoyable.
For sale
$325,000
41 Western Reach, Red Bank, NJ 07701
2beds
999sqft
Est.:
Adult Community
Built in 1979
435.6 Square Feet Lot
$325,900 Zestimate®
$325/sqft
$495/mo HOA
What's special
Well-maintained two-bedroom lower-level unitGenerously sized bedroomsPractical and inviting layout
- 71 days |
- 2,162 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: January 22, 2026 at 01:44pm
Listed by:
Graeme W Atkinson 732-687-8259,
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Source: MoreMLS,MLS#: 22602083
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Area: 120
- Dimensions: 12 x 10
Other
- Area: 224
- Dimensions: 16 x 14
Dining room
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Area: 144
- Dimensions: 12 x 12
Living room
- Description: Dining Combo
- Area: 192
- Dimensions: 16 x 12
Heating
- Electric
Cooling
- Electric
Features
- Flooring: Tile
Interior area
- Total structure area: 999
- Total interior livable area: 999 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, None
Features
- Levels: Lower Level
- Stories: 1
- Entry location: Lower Level
- Exterior features: Controlled Access
- Pool features: Community, In Ground
Lot
- Size: 435.6 Square Feet
- Topography: Level
Details
- Parcel number: 3201011000000567
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Adult Community
Materials
- Foundation: Slab
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Senior community: Yes
- Subdivision: Shadow Lake Vil
HOA
- Has HOA: Yes
- Services included: Trash, Common Area, Lawn Maintenance, Pool, Snow Removal
- HOA fee: $495 monthly
Location
- Region: Red Bank
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $340,400
- Annual tax amount: $5,494
- Date on market: 1/22/2026
- Inclusions: AC Units, Washer, Dishwasher, Dryer, Stove, Refrigerator
Estimated market value
$325,900
$310,000 - $342,000
$2,811/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Listed for sale | $325,000+124.1%$325/sqft |
Source: | ||
| 7/29/2008 | Sold | $145,000+81.3%$145/sqft |
Source: Public Record Report a problem | ||
| 11/21/1994 | Sold | $80,000$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,600 +24.2% | $340,400 +24.2% |
| 2024 | $4,507 +2.6% | $274,000 +8.4% |
| 2023 | $4,394 +18.6% | $252,800 +28.5% |
| 2022 | $3,706 +8.7% | $196,800 +20.1% |
| 2021 | $3,409 +5% | $163,900 +8.2% |
| 2020 | $3,248 +1.4% | $151,500 -1.5% |
| 2019 | $3,203 | $153,800 +4.1% |
| 2018 | $3,203 +36.6% | $147,800 +12% |
| 2017 | $2,344 -1.1% | $132,000 +20% |
| 2016 | $2,371 +5.1% | $110,000 -0.9% |
| 2015 | $2,257 +2.3% | $111,000 +7.7% |
| 2014 | $2,206 +1.5% | $103,100 |
| 2013 | $2,173 +1% | $103,100 |
| 2012 | $2,152 -8.1% | $103,100 |
| 2011 | $2,341 +4.1% | $103,100 -20.9% |
| 2010 | $2,249 -18.1% | $130,400 |
| 2009 | $2,746 | $130,400 +64.9% |
| 2008 | -- | $79,100 |
| 2007 | -- | $79,100 |
| 2006 | -- | $79,100 |
| 2005 | -- | $79,100 |
| 2003 | -- | $79,100 |
| 2002 | -- | $79,100 |
| 2001 | -- | $79,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,547/mo
Principal & interest
$1627
HOA Fees
$495
Property taxes
$425
More affordability tools
Climate risks
Neighborhood: 07701
Getting around
2 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10River Plaza Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Thompson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Middletown - South High SchoolGrades: 9-12Distance: 0.6 mi
Local experts in 07701
- New Jersey
- Monmouth County
- Red Bank
- 07701
- 41 Western Reach







