31 Riverside Avenue, Red Bank, NJ 07701

$995,000
6
BD
4
BA

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Sold Price
$995,000
List Price
$1,275,000
Status
CLOSED
Type
Multifamily
MLS#
22517069
Closing Date
Sep 16, 2025
Beds
6
Baths
4
Region
Red Bank (RED)
Year Built
1901

Property Description

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!

Additional Information

Elementary School
Red Bank Prm
Middle School
Red Bank
High School
Red Bank Reg
Acres
0.14
Zoning
Multi-Family
Closing Date
Sep 16, 2025
Taxes
$12,639
Subtype
Four Family
Year Built
1901
Basement
Walk-Out Access, Full
Parking Driveway
See Remarks, Other
Stories
2
Exterior
Screens, Lighting
Exterior
Screens, Lighting
Units
4

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Calculator source: Real Geeks

Listing courtesy of Signature Realty NJ. Contact:

Selling Office: Signature Realty NJ.