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$995,000
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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!
Full Property Details
Full Property Details for 31 Riverside Ave
General
- Sold For: $995,000
- Taxes: $12,639 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Monmouth
- MLS ID: 22517069
- Added to Site: 218 day(s) ago
Interior
- Flooring: Wood, Laminate, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Screens, Lighting
Parking
- Parking Features: See Remarks, Other
Location
- Area: Red Bank (RED)
- Municipality: Red Bank (RED)
- County: Monmouth
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Basement: Yes
- Square Feet: 3,157
- Year Built: 1901
Unit Information
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Lot Dimensions: 58 x 107
- Zoning: Multifamily
Financial Considerations
- Price Per Sq. Ft.: $403.86
- Tax Amount: $12,639
- Tax Year: 2024
Disclosures and Reports
- Property ID: 39-00006-0000-00010
- Section: None
Listed and Sold by Signature Realty NJ, Jacob Khodakov
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Schools
Schools serving 31 Riverside Ave
School Districts:Red Bank Borough School District, Red Bank Regional School District
| Name | Grades | Distance |
|---|---|---|
Red Bank Middle School 101 Harding Road, Red Bank, NJ 07701 | 4-8 | 0.7 mi |
Red Bank Primary School 222 River Street, Red Bank, NJ 07701 | PK-3 | 0.8 mi |
Red Bank Reg High School 101 Ridge Road, Little Silver, NJ 07739 | 9-12 | 1.7 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 31 Riverside Ave
Date
Details
Price
Change
Source
9/16/2025
Sold
$995,000
-21.96%
MLS
6/12/2025
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
31 Riverside Avenue, Red Bank, NJ 07701 (MLS# 22517069) is a Multi-Family property that was sold at $995,000 on September 16, 2025. Want to learn more about 31 Riverside Avenue? Do you have questions about finding other Multi-Family 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.

