69 Washington Street, Red Bank, NJ 07701
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
Listed by: ralph patrone
Office: david depaola and company re
MLS#:22605460
Source:NJ_MOMLS
Price summary
- Price:$1,299,900
- Price per sq. ft.:$494.07
About this home
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.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:22605460
- Added:148 day(s) ago
- Updated:March 09, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Basement:Yes
- Basement Description:Tenant Storage, Walk-Out Access
- Living area:2,631 sq. ft.
Structure and exterior
- Year built:1900
- Building area:2,631 sq. ft.
- Lot area:0.15 Acres
Schools
- High school:Red Bank Reg
- Middle school:Red Bank
- Elementary school:Red Bank Prm
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,299,900
- Price per sq. ft.:$494.07
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