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Investment Highlights

  • Open floor plans with 12-foot ceilings and oversized windows
  • Individually controlled heating and cooling
  • Laundry facilities on each floor
  • Fully equipped, modern kitchens
  • On-site fitness center
  • Large closets

Executive Summary

River Street Commons is a 55+ community located in downtown Red Bank. The property includes spacious floor plans with 12 foot ceilings and large windows. River Street Commons includes such amenities such as a community room, fitness center and laundry facilities on each floor.

Property Facts

Sale Type Investment
No. Units 62
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 2.00 AC
Building Size 82,406 SF
No. Stories 3
Year Built 1996
Parking Ratio 0.6/1,000 SF
Opportunity Zone Yes
Zoning MU-0

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Kitchen
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet

Site Amenities

  • 24 Hour Access
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Maintenance on site
  • Multi Use Room
  • Online Services
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 39-00074-0000-00007-02
  • 39-00074-0000-00005-02
Land Assessment
$2,261,409 CAD
Improvements Assessment
$9,429,844 CAD
Total Assessment
$11,691,253 CAD
  • Listing ID: 41282850

  • Date on Market: 2026-07-14

  • Last Updated:

  • Address: 49 Catherine St, Red Bank, NJ 07701

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