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    16 Monmouth St Red Bank, NJ 07701-1614
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    Property profile & analytics

    16 Monmouth St, Red Bank, NJ 07701-1614

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    • Commercial real estate
    • 5,850 SF
    • 0.05 lot acres
    Off-Market
    Last Sale Jul 11, 2024
    $2,163,000
    Property ID
    US59-0935112
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,165,000
    Show details
    Cap Rate Potential
    3.7%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 16 Monmouth St

    Year built
    2000
    Construction
    BRICK
    Lot size
    0.05 lot acres
    Property type
    Commercial real estate
    APN
    39 00031-0000-00021
    APU
    3900031000000021

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 11, 2024 $2,163,000 D&h Development 16 Monmouth St LLC Vipp 14 10 Broad St LLC Deed —
    Apr 18, 2023 $1,275,000 Vipp 14 16 Broad St LLC Dennis Brown Deed —
    Sep 4, 2014 — 16 Monmouth Street LLC Brown Francis R Grant Deed · related —
    Jan 24, 2008 — Brown,francis & Mary A Brown,francis & Mary A Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,165,000
      ML approach
      $2,165,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,317,000
      Market price range: $1.29M - $2.43M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,740,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,545,000
      Change: -11% Conversion: Moderate
      OFFICE BUILDING
      $1,440,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Red Bank
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.066
    Latitude
    40.3498
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $21,419
    $383,700
    $717,100
    $1,100,800
    -
    $383,700
    $717,100
    $1,100,800
    More about this property
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