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$1,135,000
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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.
Full Property Details
Full Property Details for 69 Washington St
General
- Sold For: $1,135,000
- Status: Closed
- Type: Multi-Family
- Source: Monmouth
- MLS ID: 22605460
- Added to Site: 148 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- Area: Red Bank (RED)
- Municipality: Red Bank (RED)
- County: Monmouth
School Information
- Other School: Red Bank Cath, River Plaza
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: 2,631
- Year Built: 1900
Unit Information
Unit 1
- Bedroom 1: Level 1
Unit 2
- Bedrooms: 1
Unit 4
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Dimensions: 63 x 101
Financial Considerations
- Price Per Sq. Ft.: $494.07
- Owner Pays: Hot Water, Grounds Care, Water, Snow Removal, Sewer, Heat, Gas, Electricity
- Landlord Pays: Electricity, Gas, Heat, Hot Water, Sewer, Snow Removal, Water, Yard Maintenance
- Tenant Pays: Hot Water
Disclosures and Reports
- Property ID: 39-00025-0000-00015
- Section: None
Listed by David DePaola and Company RE, Ralph Patrone
Sold by Keller Williams Realty West Monmouth, Trevor Bovington
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Schools
Schools serving 69 Washington St
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 | 0.2 mi |
Red Bank Primary School 222 River Street, Red Bank, NJ 07701 | PK-3 | 1.2 mi |
Red Bank Reg High School 101 Ridge Road, Little Silver, NJ 07739 | 9-12 | 1.2 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 69 Washington St
Date
Details
Price
Change
Source
7/01/2026
Sold
$1,135,000
-12.69%
MLS
3/06/2026
Listed
$1,299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
69 Washington Street, Red Bank, NJ 07701 (MLS# 22605460) is a Multi-Family property that was sold at $1,135,000 on July 01, 2026. Want to learn more about 69 Washington Street? 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.

