Sold

222-228 South Bridge Avenue

Red Bank NJ, 07701

$1,560,000


Sold

8 Beds

6 Baths

Multi-family

Bought with Outside Outside Salespers with Outside Broker and Listed by Lauren Orsini with Berkshire Hathaway Home Services New Jersey Properties, Verona 9736501683

Begin or add to your investment portfolio with this Gem! Build in 2010 Chelsea Place is a 4 unit rental property in 2 free standing buildings on one parcel/block. Each unit has 2 Br. 1+ Ba Garage and off street parking. Modern white kitchens feature stainless-steel appliances and granite, gorgeous baths, open floor-plans and in unit laundry makes living simple and easy. Located close to the rail line for an easy NYC commute, and close to the heart beat of Red Bank, this is one property that makes a wonderful investment. With a great rent roll and low expenses, this is one investment that you can be secure in! 81,560 annual net ROI. Tenants pay utilities. Owner pays sewer and water.

22006646

MLS ID

March 2, 2022

Listed

January 3, 2025

Updated

Map

222-228 South Bridge Avenue
Red Bank NJ, 07701

Interior Features

Bedrooms

8


Total Bathrooms

6


Full Bathrooms

6


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.01 Acres


Architectual Style

4 Family


Sewer

Public Sewer

Other Property Details

Taxes

$22,781


Tax Frequency

Annually


Garage

Yes


Parking

Attached


View

No


County

MONMOUTH


Water Source

Public


Pool

No

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Christie's International Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  1/3/2025 

Source:  New Jersey Multiple Listing Service, Inc.

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