69 Washington Street, Red Bank, NJ 07701

$1,299,900
Property Type: Multi-Family Bedrooms: 6 Baths: 6 Square Footage: 2,631 Lot Size (sq. ft.): 6,534 Status: Pending
Current Price: $1,299,900 List Date: 3/06/2026 Last Modified: 4/11/2026

Overview

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.

Listing Details MLS# 22605460

Contract Info

Start Showing Date
2026-03-06
List Price/SqFt
494.07
Property Sub-Type
Six Family
New Construction
No

Location

House Number
69
Street Name
Washington
Street Suffix
Street
County
Monmouth
Municipality
Red Bank (RED)
Postal City
Red Bank
State
NJ
Zip Code
07701
Area/Section
None
Complex/Subdivision
None
Elementary School
Red Bank Prm
Other Elementary
River Plaza
Middle School
Red Bank
High School
Red Bank Reg
Other High
Red Bank Cath
Directions
Broad Street to Wallace Street to Washington Street

General Property Info

# Units in Bldg
6
Full Baths
6
Total Baths
6
# Levels
2
Apx SqFt
2631
Apx Year Built
1900
Fireplace
No
Handicap Access
No
# Acres
0.15
Lot Dimensions
63 x 101
Garage
Yes
# Car Garage
Yes
Pool
No
Waterfront
No
Waterview
No
Basement
Yes

Tax and Legal

Asmnt - Total
471100
Deed Restricted
No
Special Assessment
No

Status Change Info

Contingent Date
2026-03-20
Under Contract Date
2026-04-10

Unit 1

Bedroom Level
Yes
Rent
1320
Tenant Name
Daniella
Gas Stove
Yes
Refrigerator
Yes

More Information

Unit 2

# Bedrooms
Yes
Rent
2400
Tenant Name
Anthony
Gas Stove
Yes
Refrigerator
Yes

Unit 3

# Full Baths
Yes
Rent
1050
Tenant Name
Michael
Gas Stove
Yes
Refrigerator
Yes

Unit 4

# Bedrooms - Unit 4
Yes
# Full Baths - Unit 4
Yes
Rent
2100
Tenant Name
Amanda
Refrigerator
Yes

Unit 5

# Bedrooms
Yes
# Full Baths
Yes
Rent
1325
Tenant Name
Theresa
Gas Stove
Yes
Refrigerator
Yes

Unit 6

# Bedrooms
Yes
# Full Baths
Yes
Rent
1750
Tenant Name
Nishon
Refrigerator
Yes

Showing

Call Agent
Yes
Showing Time
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Basement

Tenant Storage
Yes
Walk-Out Access
Yes

Cooling

Other
Yes

Water Heater

Natural Gas
Yes

Heating

Hot Water
Yes

Assessment Status

Assessed
Yes

Landlord Pays

Electricity
Yes
Gas
Yes
Grounds Care
Yes
Heat
Yes
Hot Water
Yes
Sewer
Yes
Snow Removal
Yes
Water
Yes

Property Features

Unit 1: Gas Stove; Refrigerator Unit 2: Gas Stove; Refrigerator Unit 3: Gas Stove; Refrigerator Unit 4: Refrigerator Unit 5: Gas Stove; Refrigerator Unit 6: Refrigerator Basement: Tenant Storage; Walk-Out Access Cooling: Other Heating: Hot Water Water Heater: Natural Gas Assessment Status: Assessed Landlord Pays: Electricity; Gas; Grounds Care; Heat; Hot Water; Sewer; Snow Removal; Water Showing: Call Agent; Showing Time
Listing Office: David DePaola and Company RE
Listing Agent: Ralph Patrone
IDX
Source MLS Verified
Last Updated: April - 11 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.