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$825,000 Sale Pending

  • For Sale
  • Pending
  • Duplex
  • 2,812 Sq. Ft.
  • Updated 3 days ago
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A fully-rented mixed-use property offering immediate income & long-term flexibility in a prime location. The building includes a street-level commercial storefront along Shrewsbury Ave & 2 separate residential 3 bedroom apartments. The storefront includes a private bathroom and utility sink & benefits from strong visibility along one of Red Bank's main corridors. The 2 residential units are separately accessed & feature hardwood floors throughout, high ceilings & in-unit washer/dryer.Both apartments include kitchens w/ granite countertops, white cabinetry & a full appliance package.The units open to an elevated rear deck overlooking the expansive yard. A compelling opportunity to own an income-producing asset with residential scale & commercial visibility.

Full Property Details for 298 Shrewsbury Ave

General

  • Price: $825,000
  • Taxes: $8,512 (2025)
  • Status: Pending
  • Type: Duplex
  • Source: Monmouth
  • MLS ID: 22536879
  • Updated: 1/14/2026
  • Added to Site: 33 day(s) ago

Exterior

  • Exterior Features: Deck

Parking

  • Parking Features: On-Street

Location

  • Area: Red Bank (RED)
  • Municipality: Red Bank (RED)
  • County: Monmouth
  • Subdivision: None

School Information

  • Other School: Red Bank Cath

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water/Sewer: Public Sewer, Public Water

Structural Information

  • Exterior Const.: Stucco
  • Basement: Yes
  • Roof: Shingle, Flat
  • Square Feet: 2,812
  • Year Built: 1930

Unit Information

Unit 1

  • Bedrooms: 3
  • Bedroom 1: Level 2
  • Living Room: Level 2
  • Kitchen: Level 2

Unit 2

  • Bedrooms: 3
  • Primary Bedroom: Level 3
  • Bedroom 1: Level 3
  • Living Room: Level 3
  • Kitchen: Level 3

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Dimensions: 25 x 182
  • Lot Features: Level
  • Zoning: Multi-Use

Financial Considerations

  • Price Per Sq. Ft.: $293.39
  • Tax Amount: $8,512
  • Tax Year: 2025
  • Tenant Pays: Hot Water, Grounds Care, Water, Snow Removal, Sewer, Heat, Gas, Garbage Removal, Electricity

Disclosures and Reports

  • Exclusions: All Personal Property
  • Property ID: 39-00090-0000-00018
  • Section: None

Listed by Sourlis Intl Realty Corp, Dorothy A Whitehouse

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Listing agent

— 298 Shrewsbury Ave —

  • Dorothy A Whitehouse

    Sourlis Intl Realty Corp

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 298 Shrewsbury Ave

School Districts:Red Bank Borough School District, Red Bank Regional School District
NameGradesDistance
Red Bank Primary School
222 River Street, Red Bank, NJ 07701
PK-30.4 mi
Red Bank Middle School
101 Harding Road, Red Bank, NJ 07701
4-80.9 mi
Red Bank Reg High School
101 Ridge Road, Little Silver, NJ 07739
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 298 Shrewsbury Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/16/2025
Listed
$825,000
870.59%
MLS
8/19/2016
Sold
$85,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 298 Shrewsbury Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,494
1%
$467,200
18%
2023
$7,438
7%
$396,700
2%
2022
$6,940
6%
$389,200
13%
2021
$6,575
—
$345,800
18%
2021
$6,575
—
$293,900
1%
2021
$6,575
104%
$291,800
100%
2019
$3,226
4%
$145,900
3%
2018
$3,112
21%
$142,300
16%
2017
$2,578
-7%
$122,200
-7%
2016
$2,760
-50%
$131,000
-51%
2015
$5,483
-10%
$269,700
-15%
2014
$6,068
6%
$317,200
—
2013
$5,741
—
$317,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Sourlis Intl Realty Corp, Dorothy A Whitehouse

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298 Shrewsbury Avenue, Red Bank, NJ 07701 (MLS# 22536879) is a Duplex property with 0 bedrooms and 0 full bathrooms. 298 Shrewsbury Avenue is currently listed for $825,000 and was received on December 16, 2025. Want to learn more about 298 Shrewsbury Avenue? Do you have questions about finding other Duplex real estate for sale in Red Bank? You can browse all Red Bank real estate or contact a Coldwell Banker agent to request more information.

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