Rare value-add opportunity in the heart of Red Bank! This 6-family multifamily offers below-market rents with significant upside through strategic adjustments as units turn over -- a true investor's dream with the hard work already priced in.
Tenants enjoy walkable access to NJ Transit with direct NYC service, plus Red Bank's acclaimed dining, bars, and entertainment -- amenities that keep units full and tenants renewing.
A major Netflix production hub coming within 5 miles will drive further demand for quality housing in the area.
Premier location, embedded rent growth, and a generational demand catalyst on the doorstep. Don't miss this one.
Property is being sold as is.
Pending
$1,299,900
69 Washington Street, Red Bank, NJ 07701
6beds
2,631sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$1,282,900 Zestimate®
$494/sqft
$-- HOA
What's special
- 40 days |
- 2,248 |
- 82 |
Zillow last checked:
Listing updated:
Listed by:
Ralph Patrone 609-501-5977,
David DePaola and Company RE
Source: MoreMLS,MLS#: 22605460
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Cooling
- Other
Features
- Basement: Walk-Out Access,Tenant Storage
Interior area
- Total structure area: 2,631
- Total interior livable area: 2,631 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Stories: 2
Lot
- Size: 6,534 Square Feet
- Dimensions: 63 x 101
Details
- Parcel number: 3900025000000015
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
Location
- Region: Red Bank
Financial & listing details
- Price per square foot: $494/sqft
- Date on market: 3/6/2026
- Tenant pays: Hot Water
Estimated market value
$1,282,900
$1.22M - $1.35M
$3,360/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Pending sale | $1,299,900$494/sqft |
Source: | ||
| 3/6/2026 | Listed for sale | $1,299,900$494/sqft |
Source: | ||
| 1/5/2026 | Listing removed | $1,299,900$494/sqft |
Source: | ||
| 11/20/2025 | Pending sale | $1,299,900$494/sqft |
Source: | ||
| 10/12/2025 | Listed for sale | $1,299,900$494/sqft |
Source: | ||
| 7/2/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/24/2022 | Listed for rent | $1,400+17.2%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/4/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/13/2020 | Listing removed | $1,195 |
Source: Owner Report a problem | ||
| 8/9/2020 | Price change | $1,195-4.4% |
Source: Owner Report a problem | ||
| 7/23/2020 | Price change | $1,250-3.8% |
Source: Owner Report a problem | ||
| 7/17/2020 | Listed for rent | $1,300+8.3% |
Source: Owner Report a problem | ||
| 8/19/2018 | Listing removed | $1,200 |
Source: Owner Report a problem | ||
| 8/4/2018 | Listed for rent | $1,200+4.3% |
Source: Owner Report a problem | ||
| 4/14/2017 | Listing removed | $1,150 |
Source: Owner Report a problem | ||
| 4/7/2017 | Listed for rent | $1,150 |
Source: Owner Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Est. payment
$8,006/mo
Principal & interest
$6305
Property taxes
$1701
More affordability tools
Climate risks
Neighborhood: 07701
Nearby schools
GreatSchools rating
- 5/10Red Bank Middle SchoolGrades: 4-8Distance: 0.2 mi
- 6/10Red Bank Reg High SchoolGrades: 9-12Distance: 1.2 mi
- 4/10Red Bank Primary SchoolGrades: PK-3Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Red Bank Prm
- Middle: Red Bank
- High: Red Bank Reg
Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Monmouth County
- Red Bank
- 07701
- 69 Washington Street









