$1,299,900

69 Washington Street, Red Bank, NJ 07701

  • 6 beds |
  • 6 baths |
  • 2,631 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $494/sqft
  • Property List Date Icon Listed 21 days ago

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.

Listing Status:
Active
Date Added:
March 6, 2026
Data Last Updated:
March 24, 2026 at 3:40PM
Listing Office:
David DePaola and Company RE : 609-883-4161
Listing Agent:
Ralph Patrone : 609-883-4161
MLS ID:
22605460
  • Basement: Tenant Storage
  • A/C: Other
  • Originating MLS: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • County: Monmouth
  • Zoning: 39-00025-0000-00015
  • Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

This listing courtesy of Ralph Patrone , David DePaola and Company RE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Red Bank Middle School

101 Harding Rd, Red Bank, NJ, 07701

Grades 4-8

0.25 miles away

R

Red Bank Middle School

101 Harding Rd, Red Bank, NJ, 07701

Grades 4-8

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.