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Hometime Estates
69 Washington Street, Red Bank, NJ 07701
- $1,135,000
- 6
- BD
- 6
- BA
- Sold Price
- $1,135,000
- List Price
- $1,299,900
- Status
- CLOSED
- Days on Market
- 117
- Closing Date
- Jul 01, 2026
- MLS#
- 22605460
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 6
- Bathrooms
- 6
- Full Baths
- 6
- Acres
- 0.15
- MLS Area Major
- Red Bank (RED)
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.
Additional Information
- Air Conditioning
- Other
- Garage Spaces
- 1
- Elementary School
- Red Bank Prm
- Middle School
- Red Bank
- High School
- Red Bank Reg
Listing courtesy of David DePaola and Company RE. Contact:
Selling Office: Keller Williams Realty West Monmouth.