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Two-Unit Duplex with Full Baths
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145 Chestnut Street, Red Bank, NJ 07701

Two-level duplex with a three-bedroom first-floor unit and a two-bedroom second-floor unit.

Property SizeContact for details
Days on Market20

Property Features for 145 Chestnut Street

General Information

Standard status Active
Class A
Total Parking Spaces 4
Property subtype Multifamily
Zoning RB
Investment Type Owner/User

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Year Renovated 2026
Buildings 1
Stories 2
Units 2
Listing Agency: The Brokers Network, Inc.
Listed By: Frank Henry · License #NJ 2186147
Source: Crexi
Added: Aug 13 Changed: Aug 30 Last Checked: Sep 1 at 1:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Brokers Network, Inc.

Investment Insights

Based on property information with market context.

This duplex contains two residential units arranged across two levels. The first-floor residence has 3 bedrooms and 2 full bathrooms, while the second-floor residence includes 2 bedrooms and 2 full bathrooms. The property is zoned RB, and completion is scheduled by September 2026.

The address places the property in Red Bank, near downtown restaurants, shopping, the NJ Transit train station, and the Navesink River waterfront. It is also close to Monmouth County’s walkable downtown corridor.

Key Highlights

  • Two‑unit duplex with 3‑bedroom and 2‑bedroom residences
  • Each unit includes 2 full bathrooms
  • First‑floor unit: 3 bedrooms / 2 full bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Nail Salon Electrical Service Pharmacy Spa & Massage Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 07701, NJ

24,568
Population
11,082
Households
2.2
Avg Household Size
43
Median Age
53%
College-Educated
93%
High-School Grad
9.2 sq mi
ZIP Area
2,670
Density / Sq Mi
$113,630
Median Household Income
$62,309
Median Earnings
$1,971
Median Rent
$551,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level duplex with a three-bedroom first-floor unit and a two-bedroom second-floor unit.
Where is this duplex located?
The property is located at 145 Chestnut Street Red Bank, NJ.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom and 2‑bedroom residences; Each unit includes 2 full bathrooms; First‑floor unit: 3 bedrooms / 2 full bathrooms
More about this property
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