298 Shrewsbury Avenue Red Bank, NJ $ 825,000
298 Shrewsbury Avenue
$ 825,000
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298 Shrewsbury Avenue

Red Bank, NJ, 07701
$ 825,000
Bedrooms6 Baths0.0 Sq 2,812

Monthly Estimate*

$ 5,147

298 Shrewsbury Avenue, Red Bank, NJ 07701 - Image 1
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Multi-Family Home for sale in Red Bank, NJ

for $825,000 with 6 bedrooms. This 2,812 square foot home was built in 1930 on a lot size of 0.1.

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.

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Multi-Family Active

Price

$ 825,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 8,512

Style

Lot Size

0.1

Year Built

1930

Town/City

Red Bank

County/Region

Monmouth

MLS | Web ID

22536879

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Shingle Flat
Garage Spaces 0.0
Construction Materials Stucco
Exclusions All Personal Property
Year Built 1930
Tenant Pays Hot Water Grounds Care Water Snow Removal Sewer Heat Gas Garbage Removal Electricity
Stories Count 3
Property Subtype Duplex
Tax Year 2025
County Monmouth
New Construction N
Property Type Multi-Family
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions Newman Springs Road to Shrewsbury Ave
High School Red Bank Reg
City Red Bank
Zoning Description Multi-Use
Number Of Units Total 3
MLS Area None
Lot Size Units Acres
Lot Size Square Feet 4356.0
Carport Y/N N
Elementary School Red Bank Prm
Tax Annual Amount 8512.0
Home Warranty Y/N N
Middle/Junior High School Red Bank
Lease Renewal Y/N N
MLS Area Minor Red Bank (RED)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
TaxOtherAnnualAssessmentAmount 467200.0
Senior Community None
Water Body Access Y/N None
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Interior
Basement Full
Total Fireplaces 0
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
Heating-Forced Air True
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Exterior
Exterior Amenities Deck
Parking Features On Street
Lot Features Level
Water Source Public
Lot Size Area 0.1
Spa N
Building Area Total 2812.0
Lot Dimensions 25 x 182
Lot Size Acres 0.1
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 298
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* Excluded Features
List By
Dorothy A Whitehouse

Listing Agent

Sourlis Intl Realty Corp

Broker

dorothy.whitehouse@gmail.com

Email

Affordability Calculator

$5,856
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,147
Monthly Property Taxes
$709
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742143 Elementary School
742878 Middle School
Red Bank Reg High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2025$825,000 Listed Price

Map


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298 Shrewsbury Avenue, Red Bank, NJ, 07701 is a Multi-Family Home for sale at $825,000 with 2,812 sqft and a lot size of 0.1. 298 Shrewsbury Avenue has 6 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 07701 which is in Red Bank, NJ