69 Washington Street, Red Bank, NJ 07701

$1,135,000
6
BD
6
BA

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Sold Price
$1,135,000
List Price
$1,299,900
Status
CLOSED
Type
Multifamily
MLS#
22605460
Closing Date
Jul 01, 2026
Beds
6
Baths
6
Region
Red Bank (RED)
Year Built
1900

Property Description

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.

Additional Information

Elementary School
Red Bank Prm
Middle School
Red Bank
High School
Red Bank Reg
Acres
0.15
Closing Date
Jul 01, 2026
Subtype
Six Family
Year Built
1900
Basement
Tenant Storage
Garage
Yes
Garage Capacity
1
Units
6

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Calculator source: Real Geeks

Listing courtesy of David DePaola and Company RE. Contact:

Selling Office: Keller Williams Realty West Monmouth.