Prime Red Bank Two-Family Home - Location, Flexibility & Investment Potential. Discover this charming and versatile Victorian Duplex perfectly positioned less than 0.2 miles from the Red Bank train station and the heart of downtown. Enjoy a picturesque front porch, fenced-in yard and an attached over sized 1 car garage—all in one of Red Bank's most desirable neighborhoods. First Floor Unit A; spacious two-bedroom apartment featuring hardwood floors, eat-in kitchen with vaulted ceilings, full bath, in-unit laundry, and direct access to a large basement with high ceilings ideal for storage or workspace. This unit also connects to the garage, offering convenience. Second Floor Unit B; The home's charming turret—showcasing colorful stained-glass windows- opens into a comfortable one-bedroom apartment complete with a full kitchen, bath and private laundry. Above, a walk-up finished attic adds impressive extra space ideal for a home office, hobby room, or flexible living needs. Investment & Lifestyle Advantages. This property is not subject to Red Bank's rent-control regulations, offering strong investment appeal and rental income potential. Ideal for owner-occupants seeking help with their mortgage or investors looking for stable returns. The configuration also provides the option to convert the property into a single-family residence if desired. Unmatched Location With Major Growth Ahead. Situated right at the edge of downtown's vibrant arts, dining, retail, and theater district, the home sits steps away from one of the most transformative redevelopment projects in Red Bank's history: Denholtz's 13-acre NJ Transit train-yard conversion into high-end residential and retail space. This significant investment is expected to further elevate the area and expand the downtown footprint making this already prime location even more desirable.
Multi-familyProperty Type
1920Year Built
$489Est. Price/Sq.Ft.
1 car garageParking
Listed by Resources Real Estate Gregory• Resources Real Estate
Contact: 732-212-0440
Bought with Vinnie Scanzo• Realty Executives Exceptional Kinnelon
2ND FLOOR APT. REMODELED. LOVELY STAIN GLASS WINDOWS. 3 ROOMS PLUS LOFT. FIRST FLOOR APT. HAS TWO BEDROOMS GARAGE LARGE CORNER LOT. $16,800. PER YEAR GROSS. LANDL
Public Records
Jul 17, 1996
Sold
$90,000
$51/sq ft
MOMLS #5004130
Jun 7, 1996
Sold
$90,000
$51/sq ft
Mar 12, 1996
Delisted
—
Dec 5, 1995
Listed
$110,000
$63/sq ft
2 FAMILY - 5 ROOM APT. ON 1ST FLOOR PLUS BASEMENT. 2ND FLOOR 3 ROOMS PLUS ATTIC. EXTRA ROOM ON 1ST FLOOR CAN BE PLAYROOM.
Year
Property tax
Land + Additions
Assessment*
2025
$10,036 (+6.0%)
$305,300 + $351,400
$656,700
2024
$9,470 (+21.8%)
$215,700 + $335,100
$550,800
2023
$7,776 (+3.1%)
$200,000 + $301,300
$501,300
2022
$7,542 (+30.8%)
$168,700 + $238,200
$406,900
2021
$5,765 (+4.1%)
$147,800 + $228,000
$375,800
2020
$5,539 (+4.6%)
$98,500 + $159,200
$257,700
2019
$5,295 (+3.4%)
$98,500 + $145,300
$243,800
2018
$5,122 (+4.0%)
$98,500 + $141,000
$239,500
2017
$4,925 (+1.7%)
$98,500 + $134,900
$233,400
2016
$4,843 (−13.6%)
$98,500 + $134,900
$233,400
2015
$5,607 (−13.8%)
$98,500 + $131,400
$229,900
2014
$6,504 (+5.7%)
$198,500 + $141,500
$340,000
2013
$6,154 (+3.0%)
$198,500 + $141,500
$340,000
2012
$5,974 (+2.6%)
$198,500 + $141,500
$340,000
2011
$5,821 (+2.0%)
$198,500 + $141,500
$340,000
2010
$5,709 (+4.1%)
$198,500 + $141,500
$340,000
2009
$5,484
$198,500 + $141,500
$340,000
Tax history for 159 Bridge Ave
Year
Property tax
Land + Additions
Assessment*
2025
$10,036 (+6.0%)
$305,300 + $351,400
$656,700
2024
$9,470 (+21.8%)
$215,700 + $335,100
$550,800
2023
$7,776 (+3.1%)
$200,000 + $301,300
$501,300
2022
$7,542 (+30.8%)
$168,700 + $238,200
$406,900
2021
$5,765 (+4.1%)
$147,800 + $228,000
$375,800
2020
$5,539 (+4.6%)
$98,500 + $159,200
$257,700
2019
$5,295 (+3.4%)
$98,500 + $145,300
$243,800
2018
$5,122 (+4.0%)
$98,500 + $141,000
$239,500
2017
$4,925 (+1.7%)
$98,500 + $134,900
$233,400
2016
$4,843 (−13.6%)
$98,500 + $134,900
$233,400
2015
$5,607 (−13.8%)
$98,500 + $131,400
$229,900
2014
$6,504 (+5.7%)
$198,500 + $141,500
$340,000
2013
$6,154 (+3.0%)
$198,500 + $141,500
$340,000
2012
$5,974 (+2.6%)
$198,500 + $141,500
$340,000
2011
$5,821 (+2.0%)
$198,500 + $141,500
$340,000
2010
$5,709 (+4.1%)
$198,500 + $141,500
$340,000
2009
$5,484
$198,500 + $141,500
$340,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2
Stories
2
Lot width
50 ft.
Lot depth
125 ft.
Lot size
6,251 Sq. Ft.
Year renovated
—
Sq. Ft.
1,756
Year built
1920
Style
Single Family Residential
County
Monmouth County
APN
3900075 0400026
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
Property details
Parking
Parking Information
Garage: Yes
Garage Spaces: 1.0
Interior
Interior Features
Fireplaces Total: 0
Heating & Cooling
Cooling: Yes
Central Air
Bedroom Information
Bedrooms Total: 3
Bathroom Information
Bathrooms Total Integer: 2
Bathrooms Total Decimal: 2.0
Bathrooms Full: 2
Basement Information
Basement: Other
Exterior
Exterior Features
Shingle
Property Information
Ownership: Individual(s)
Subdivision Information
None
None
Red Bank (RED)
Financial
Tax Information
Parcel Number: 39-00075-04-00026
Tax Annual Amount: 9470.0
Tax Block: 75.04
Tax Lot: 26
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Location
Multi-Family Financial Information
Water, Snow Removal, Sewer, Garbage Removal
Location Information
Monmouth
Latitude: 40.345015
Longitude: -74.074246
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,756
Stories: 2.0
Lot Size: 6,251 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: —
County: Monmouth County
APN: 3900075 0400026
Home facts updated by county records on Sep 16, 2026
Other
Documents & Disclosures
Documents Change Timestamp: 2025-11-14T16:44:54Z
Documents Count: 0
Listing Information
Photos Count: 39
Closed
Around this home
Schools
Red Bank Primary School
Public PreK-3 • Assigned • 0.4mi
4/10
Red Bank Middle School
Public 4-8 • Assigned • 0.7mi
5/10
Red Bank Regional High School
Public 9-12 • Assigned • 1.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Red Bank, NJ • 07701
Average low and high temperatures (°F)
36
24
40
27
56
38
64
46
71
55
82
65
87
70
80
64
76
63
67
51
56
42
42
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$817,000 – $988,000
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