Outstanding Investment Opportunity in the Heart of Red Bank! This well-maintained 4-family property offers the perfect blend of location, condition, and rental potential. Featuring a total of 6 bedrooms and 4 full bathrooms, the building is comprised of two 2-bedroom units and two 1-bedroom units , an ideal mix for strong rental income. Units 1 & 2 each offer 1 bedroom and 1 full bath, while Units 3 & 4 feature 2 bedrooms and 1 full bath. Recent interior updates include modern kitchens, renovated bathrooms, and durable wood flooring throughout. The exterior has also been upgraded with a brand-new roof and siding, giving the property great curb appeal and long-term durability. Each unit has separate utilities, and there's dedicated parking for every unit, a rare and valuable amenity in Red Bank. Located just steps from shopping, dining, and entertainment, and within walking distance to the train station with direct service to NYC, this property checks all the boxes. With a strong rental history and a turnkey setup, this is a smart addition to any investor's portfolio. Don't miss your chance to own in one of Monmouth County's most vibrant towns!
A rare offering in Red Bank---the perfect investment property! Four family property in the prime location right by the Antique District. House offers two 2 bedroom and two 1 bedroom units. Separate furnaces & elec. meters. and off street parking. The basement has been cleaned out and painted which now offers potential for additional rent as a storage space! Investors: the cap rate of this property is approx. 8%! Fully rented with many recent updates including a new fire alarm system, kitchen cabinets, backsplashes and appliances in some units, as well as flooring and painting. The prime investment for the anyone looking to own an income producing property in Red Bank where the numbers actually make sense! Call to arrange a showing today!
Public Records
Sep 29, 2014
Sold
$435,000
$138/sq ft
MOMLS #21417341
Jul 31, 2014
Sold
$435,000
$138/sq ft
May 3, 2014
Listed
$448,999
$142/sq ft
You will not want to miss out on this money maker! Great four family property located in Red Hot Red Bank! Tenants have separate furnaces and electric meters. Vacancies do not last long! Great for low cost owner occupancy or great investment! Either way make an appointment today!
Year
Property tax
Land + Additions
Assessment*
2025
$15,620 (+23.6%)
$478,700 + $445,200
$923,900
2024
$12,639 (+0.3%)
$423,700 + $433,600
$857,300
2023
$12,595 (+0.9%)
$307,000 + $362,100
$669,100
2022
$12,486 (−1.4%)
$307,000 + $352,100
$659,100
2021
$12,661 (+3.4%)
$285,100 + $337,000
$622,100
2020
$12,251 (+4.4%)
$259,200 + $306,800
$566,000
2019
$11,736 (+3.1%)
$259,200 + $280,000
$539,200
2018
$11,388 (+9.4%)
$259,200 + $271,600
$530,800
2017
$10,411 (+12.0%)
$259,200 + $234,200
$493,400
2016
$9,293 (−20.5%)
$259,200 + $234,200
$493,400
2015
$11,691 (+6.3%)
$259,200 + $181,900
$441,100
2014
$11,001 (+5.7%)
$334,200 + $240,900
$575,100
2013
$10,409 (+3.0%)
$334,200 + $240,900
$575,100
2012
$10,105 (+2.6%)
$334,200 + $240,900
$575,100
2011
$9,846 (+2.0%)
$334,200 + $240,900
$575,100
2010
$9,656 (+4.1%)
$334,200 + $240,900
$575,100
2009
$9,276
$334,200 + $240,900
$575,100
Tax history for 31 Riverside Ave
Year
Property tax
Land + Additions
Assessment*
2025
$15,620 (+23.6%)
$478,700 + $445,200
$923,900
2024
$12,639 (+0.3%)
$423,700 + $433,600
$857,300
2023
$12,595 (+0.9%)
$307,000 + $362,100
$669,100
2022
$12,486 (−1.4%)
$307,000 + $352,100
$659,100
2021
$12,661 (+3.4%)
$285,100 + $337,000
$622,100
2020
$12,251 (+4.4%)
$259,200 + $306,800
$566,000
2019
$11,736 (+3.1%)
$259,200 + $280,000
$539,200
2018
$11,388 (+9.4%)
$259,200 + $271,600
$530,800
2017
$10,411 (+12.0%)
$259,200 + $234,200
$493,400
2016
$9,293 (−20.5%)
$259,200 + $234,200
$493,400
2015
$11,691 (+6.3%)
$259,200 + $181,900
$441,100
2014
$11,001 (+5.7%)
$334,200 + $240,900
$575,100
2013
$10,409 (+3.0%)
$334,200 + $240,900
$575,100
2012
$10,105 (+2.6%)
$334,200 + $240,900
$575,100
2011
$9,846 (+2.0%)
$334,200 + $240,900
$575,100
2010
$9,656 (+4.1%)
$334,200 + $240,900
$575,100
2009
$9,276
$334,200 + $240,900
$575,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
4
Stories
2
Lot width
58 ft.
Lot depth
107 ft.
Lot size
6,207 Sq. Ft.
Year renovated
—
Sq. Ft.
3,157
Year built
1901
Style
Single Family Residential
County
Monmouth County
APN
3900006 00010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
Property details
Parking
Parking Information
Garage Spaces: 0.0
Interior
Interior Features
Fireplaces Total: 0
Flooring: Wood, Laminate, Ceramic Tile
Heating & Cooling
Cooling: Yes
Other
Bedroom Information
Bedrooms Total: 6
Bathroom Information
Bathrooms Total Integer: 4
Bathrooms Total Decimal: 4.0
Bathrooms Full: 4
Basement Information
Basement: Walk-Out Access, Full
Exterior
Property Information
Ownership: Individual(s)
Subdivision Information
None
None
Red Bank (RED)
Financial
Tax Information
Parcel Number: 39-00006-0000-00010
Tax Annual Amount: 12639.0
Tax Block: 6
Tax Lot: 10
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Location
Location Information
Monmouth
Latitude: 40.351367
Longitude: -74.071969
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 3,157
Stories: 2.0
Lot Size: 6,207 square feet
Style: Single Family Residential
Year Built: 1901
Year Renovated: —
County: Monmouth County
APN: 3900006 00010
Home facts updated by county records on Sep 16, 2026
Other
Documents & Disclosures
Documents Change Timestamp: 2025-06-09T20:42:43Z
Documents Count: 0
Listing Information
Photos Count: 23
Closed
Around this home
Schools
Red Bank Middle School
Public 4-8 • Assigned • 0.7mi
5/10
Red Bank Regional High School
Public 9-12 • Assigned • 1.7mi
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, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 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
86
71
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
$1.20M – $1.46M
Reach more buyers when you sell with Redfin. Save up to $12,665 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.