69 Washington St

Baths
2,631 Sq. Ft.
$494 / Sq. Ft.
2,631
Sq. Ft.
$494
per Sq. Ft.

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...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.
  1. Listed by Ralph Patrone • David DePaola and Company RE

Property Details for 69 Washington Street

Complex/Subdivision
None
New Construction
No
Waterview
No
Directions
Broad Street to Wallace Street to Washington Street
LISTING UPDATED: 03/21/2026 02:26 PM

Property Details for 69 Washington Street

StatusActive
MLS #22605460
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Six Family
Year Built1900
Lot Size0.15 AC / 6,534 SF
CountyMonmouth County

Location

Listing Courtesy of David DePaola and Company RE
Add your commute

Building Information for 69 Washington Street

Stories2Residences6Year Built1900Building Size-Lot Size0.15 AC / 6,534 SF

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$7,407 per month

30 year fixed, 6.11% Interest

Principal and Interest

$6,309

Property Taxes

$1,098

HOA Dues

$0

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Property Information for 69 Washington Street

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Red Bank
  • State: NJ
  • Municipality: Red Bank (RED)
  • Elementary School: Red Bank Prm
  • Middle School: Red Bank
  • High School: Red Bank Reg
  • Other Elementary: River Plaza
  • Other High: Red Bank Cath
  • # Units in Bldg: 6
  • Block: 25
  • Apx Year Built: 1900.0
  • House Number: 69
  • Street Name: Washington
  • Street Suffix: Street
  • Zip Code: 07701
  • County: Monmouth
Parking
  • Garage: Yes
  • # Car Garage: 1.0
Taxes and HOA Information
  • Tax ID#: 39-00025-0000-00015
Property
Lot Information
  • Apx SqFt: 2631.0
  • # Acres: 0.15
  • Lot: 15
  • Lot Dimensions: 63 x 101
Property and Assessments
  • Assessment - Total: 471100.0
  • Assessment - Improvements: 471100.0
  • Assessment Status: Assessed
  • Special Assessment: No
  • Possession: Immediate, Negotiable
  • Deed Restricted: No
  • Property Sub-Type: Six Family
  • Property Type: D
  • List Type: Exclusive Agency
  • AR or UCCS: Attorney Review
Utilities
  • Handicap Access: No
  • Fireplace: No
  • Water Heater: Natural Gas
  • Water/Sewer: Public Water, Public Sewer
  • Cooling: Other
  • Heating: Hot Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
Interior Features
  • # Levels: 2
  • Basement: Walk-Out Access, Tenant Storage
  • Bedrooms: 6
  • Baths - Full: 6.0
  • Baths - Total: 6.0
Multi Family
Unit 1
  • Unit 1: Gas Stove, Refrigerator
  • Unit 1: Bedroom Level: 1
  • Unit 1: Rent: $1,320.00
  • Unit 1: Tenant Name: Daniella
Unit 2
  • Unit 2: Gas Stove, Refrigerator
  • Unit 2: # Bedrooms: 1
  • Unit 2: Rent: $2,400.00
  • Unit 2: Tenant Name: Anthony
Unit 3
  • Unit 3: Gas Stove, Refrigerator
  • Unit 3: # Full Baths: 1
  • Unit 3: Rent: $1,050.00
  • Unit 3: Tenant Name: Michael
Unit 4
  • Unit 4: Refrigerator
  • Unit 4: # Bedrooms - Unit 4: 1
  • Unit 4: # Full Baths - Unit 4: 1
  • Unit 4: Rent: $2,100.00
  • Unit 4: Tenant Name: Amanda
Unit 5
  • Unit 5: Gas Stove, Refrigerator
  • Unit 5: # Bedrooms: 1
  • Unit 5: # Full Baths: 1
  • Unit 5: Rent: $1,325.00
  • Unit 5: Tenant Name: Theresa
Unit 6
  • Unit 6: Refrigerator
  • Unit 6: # Bedrooms: 1
  • Unit 6: # Full Baths: 1
  • Unit 6: Rent: $1,750.00
  • Unit 6: Tenant Name: Nishon
Income & Expenses Information
  • Landlord Pays: Electricity, Grounds Care, Water, Snow Removal, Sewer, Hot Water, Heat, Gas

Property History for 69 Washington Street

DateEvent & SourcePriceAppreciation
Mar 4, 2026

Listed (Active)

MOMLS #22605460

$1,299,900
Jan 7, 2026

Temp Off Market

MOMLS #22530894

Nov 20, 2025

Pending

MOMLS #22530894

Nov 20, 2025

Temp Off Market

MOMLS #22530894

Oct 11, 2025

Listed (Active)

MOMLS #22530894

$1,299,900
Sep 10, 2015

Closed (Public Record)

Public Record #559335364

$290,000
DateEvent & SourcePrice
03/04/2026

Listed (Active)

MOMLS #22605460

$1,299,900
01/07/2026

Temp Off Market

MOMLS #22530894

11/20/2025

Pending

MOMLS #22530894

11/20/2025

Temp Off Market

MOMLS #22530894

10/11/2025

Listed (Active)

MOMLS #22530894

$1,299,900
09/10/2015

Closed (Public Record)

Public Record #559335364

$290,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 69 Washington Street

Taxable ValueLand$240,000Additions$471,100Total$711,100
Tax Record2024$13,176 ($1,098 / month)
Home Facts
Total Finished SqFt2,631 SqFtAbove Grade Finished SqFt2,631 SqFtStories2Lot Size6,363 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyMONMOUTHAPN39 00025-0000-00015

Schools near 69 Washington Street

This home is within Red Bank Borough Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Red Bank Primary School
PublicPK to 3

Red Bank Middle School
Public4 to 8

Red Bank Reg High School
Public9 to 12

Red Bank Catholic High School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

69 Washington Street is a multi-family home for sale in Red Bank, NJ 07701. This property was listed for sale on March 4, 2026 by David DePaola and Company RE, it's currently listed at $1,299,900. It has been on the market for a total of 19 days and was last sold on September 10, 2015. This listing's school districts are Red Bank Borough Public School District, Red Bank Regional School District. Nearby schools include Red Bank Primary School, Red Bank Middle School and Red Bank Reg High School. 69 Washington Street is a 6-bed, 0-bath, 2,631 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David DePaola and Company RE

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.