Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    21 Washington St Tinton Falls, NJ 07701

    New
    Pending
    For Sale
    $1,650,000

    MULTI_FAMILY - Red Bank, NJ

    Property size:
    2,460 SF
    Lot size:
    0.22 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 21 Washington St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 9, Bedroom 5, Basement, Bedroom 6, Bedroom 8, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 2
    Bedrooms
    9
    Bathrooms
    4
    APN
    39-00024-0000-00017
    Parking features
    Assigned, Off Street
    Patio and Porch features
    Patio
    Fencing
    Fenced
    Fireplace
    1
    Basement
    Partial
    Size
    2,460 SF
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Tile - Ceramic
    Roof type
    Shingle

    RE/MAX 1st. CLASS (732) 842-8420

    Listing agent Eva G Acevedo (732) 842-8420

    Listing date Nov 29, 2025

    MLS# 22522254 Listing URL

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Red Bank Multifamily Investment Opportunity

    This multifamily property presents an investment opportunity in Red Bank, a desirable rental market in Monmouth County. Situated on a double lot, the property comprises two buildings with a total of four fully leased rental units. The front building contains two units: Unit A features 2 bedrooms, a living room, kitchen, full bath, family room, and a partial basement; Unit B includes 3 bedrooms, a living room, kitchen, and bath. The rear building, converted into two apartments in 1987, has two units, each offering 2 bedrooms, a living room, kitchen, and bath. Each unit pays its own utilities and has 2 dedicated parking spaces. The property is located one block from Riverview Medical Center and Downtown Red Bank. The property size is 2,460 square feet and the lot size is 0.22 acres. This property is being sold AS-IS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tinton Falls
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.061407
    Latitude
    40.352424

    Nearby Similar for Sale

    • $150,000

      Red Bank Restaurant/Retail Opportunity

      Prime downtown Red Bank restaurant/retail space in a vibrant culinary hub.
      31 W Front St, Tinton Falls, NJ 07701
      View Details
    • $1,299,900
      Pending

      Red Bank Multifamily Investment Opportunity

      Six-family property in Red Bank with value-add potential.
      69 Washington St, Tinton Falls, NJ 07701
      View Details
    • $799,000
      1,756 SF

      Victorian Duplex Near Red Bank Station

      Charming duplex near downtown with investment and residential potential.
      159 Bridge Ave, Tinton Falls, NJ 07701
      View Details
    • $200,000
      3,500 SF

      Turnkey Restaurant in Historic Galleria

      Established Thai restaurant business for sale in downtown Red Bank.
      2 Bridge Ave, Tinton Falls, NJ 07701
      View Details
    • New
      $850,000
      1,189 SF

      Tinton Falls Freestanding Retail Building

      Freestanding building in established business area, Tinton Falls, NJ.
      1191 Sycamore Ave, Tinton Falls, NJ 07724
      View Details
    • $825,000
      Pending

      Red Bank Commercial Property For Sale

      Commercial property with high visibility and route 35 frontage.
      110 Frost Ave, Tinton Falls, NJ 07701
      View Details

    FAQs

    What type of property is this?
    Apartment building - Cash-flowing multifamily property in desirable Red Bank location.
    Where is this apartment building located?
    The property is located at 21 Washington St Tinton Falls, NJ.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Cash-flowing multi-family property in desirable Red Bank rental market.; - Rare double lot with two separate buildings featuring four fully leased units.; - Strategically located one block from Riverview Medical Center and Downtown Red Bank.
    (732) 842-8420
    Request Owner's contact information
    21 Washington St Tinton Falls, NJ 07701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21 Washington St
    Tinton Falls, NJ 07701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 Washington St Tinton Falls, NJ 07701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.