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$825,000
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Property Description
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
Full Property Details for 298 Shrewsbury Ave
General
- Sold For: $825,000
- Taxes: $8,512 (2025)
- Status: Closed
- Type: Duplex
- Source: Monmouth
- MLS ID: 22536879
- Added to Site: 154 day(s) ago
Exterior
- Exterior Features: Deck
Parking
- Parking Features: On-Street
Location
- Area: Red Bank (RED)
- Municipality: Red Bank (RED)
- County: Monmouth
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
Sold by Sackman Realty, Timothy A Henry
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Schools
Schools serving 298 Shrewsbury Ave
School Districts:Red Bank Borough School District, Red Bank Regional School District
| Name | Grades | Distance |
|---|---|---|
Red Bank Primary School 222 River Street, Red Bank, NJ 07701 | PK-3 | 0.4 mi |
Red Bank Middle School 101 Harding Road, Red Bank, NJ 07701 | 4-8 | 0.9 mi |
Red Bank Reg High School 101 Ridge Road, Little Silver, NJ 07739 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 298 Shrewsbury Ave
Date
Details
Price
Change
Source
4/02/2026
Sold
$825,000
—
MLS
12/16/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
298 Shrewsbury Avenue, Red Bank, NJ 07701 (MLS# 22536879) is a Duplex property that was sold at $825,000 on April 02, 2026. 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.

