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$810,000
3 Beds 2 Baths
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 footprintmaking this already prime location even more desirable.

159 Bridge Avenue, Red Bank

Listing courtesy of Resources Real Estate. Contact: 732-212-0440

Selling Office: Realty Executives Exceptional Kinnelon.

$980,000
3 Beds 3 Baths
Welcome to your ideal investment opportunity in the heart of Red Bank! This spacious three-family property boasts an unbeatable location, offering both convenience and charm. The highlight of this property is the well-appointed one-bedroom unit on the second level, which has been thoughtfully converted from two bedrooms to maximize space and comfort. Inside, you'll find a warm and inviting atmosphere complemented by beamed ceilings, granite counters, and a cozy gas fireplace. French doors lead out to a private rooftop deck, perfect for enjoying the sunshine and taking in the views. On the ground level, you'll discover two separate one-bedroom units, each featuring hardwood floors and high ceilings. Unit 1 also offers a porch space and in unit washer/dryer. The oversized garage provides ample space for parking and storage, with individual lockers for each tenant to keep belongings secure. Investment-wise, this property offers a lucrative opportunity with all units separately metered and tenants responsible for their own utilities. Whether you're looking to live in one unit while collecting rental income from the others or seeking a pure investment venture, this property is primed for success. Location is key, and this property doesn't disappoint. Situated just blocks away from Red Bank's vibrant restaurants, parks, and entertainment options, residents will enjoy easy access to everything this lively community has to offer. Don't miss out on this chance to own a piece of Red Bank's thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional property!

64 Wallace Street, Red Bank

Listing courtesy of Weichert Realtors-Spring Lake. Contact: 848.207.1495

Selling Office: Sourlis Intl Realty Corp.

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