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298 Shrewsbury Avenue, Red Bank, NJ 07701
New Listing
$825,000
Property Type:
Multi-Family
Square Footage:
2,812
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$825,000
List Date:
12/16/2025
Last Modified:
12/16/2025
Description
A fully-rented mixed-use property offering immediate income & long-term flexibility in a prime location. The building includes a street-level commercial storefront along Shrewsbury Ave & 2 separate residential 3 bedroom apartments.
The storefront includes a private bathroom and utility sink & benefits from strong visibility along one of Red Bank's main corridors.
The 2 residential units are separately accessed & feature hardwood floors throughout, high ceilings & in-unit washer/dryer.Both apartments include kitchens w/ granite countertops, white cabinetry & a full appliance package.The units open to an elevated rear deck overlooking the expansive yard.
A compelling opportunity to own an income-producing asset with residential scale & commercial visibility.
More Information MLS# 22536879
Contract Info
List Price/SqFt: 293.39
New Construction: No
Status: Active
List Date: 2025-12-16
List Price: $825,000
Current Price: $825,000
Property Sub-Type: Duplex
Location
Area/Section: None
Elementary School: Red Bank Prm
Tax Unit #: N
Middle School: Red Bank
High School: Red Bank Reg
Other High: Red Bank Cath
House Number: 298
Street Name: Shrewsbury
Street Suffix: Avenue
County: Monmouth
Municipality: Red Bank (RED)
Postal City: Red Bank
State: NJ
Zip Code: 07701
Complex/Subdivision: None
Directions: Newman Springs Road to Shrewsbury Ave
General Property Info
# Units in Bldg: 3
Handicap Access: No
Waterfront: No
# Levels: 3
Waterview: No
Grandfathered: N
Fireplace: No
Lot Dimensions: 25 x 182
Basement: Yes
Garage: No
# Acres: 0.1
# Car Garage: 0
Pool: No
Apx SqFt: 2812
Apx Year Built: 1930
Tax and Legal
Asmnt - Total: 467200
Deed Restricted: No
Taxes: 8512
Tax Year: 2025
Remarks & Misc
Excluded: All Personal Property
Unit 1
# Bedrooms: 3
Bedroom Level: 2
# Full Baths: 1
Kitchen Level: 2
Living Room Level: 2
Dishwasher: 1
Dryer Hookup: 1
Furnace: 1
Gas Meter: 1
Gas Stove: 1
Washer: 1
Washer Hookup: 1
Water Heater: 1
Water Meter: 1
Unit 2
Master Bedroom Level: 3
# Bedrooms: 3
Bedroom Level: 3
# Full Baths: 1
Kitchen Level: 3
Living Room Level: 3
Dishwasher: 1
Dryer: 1
Dryer Hookup: 1
Electric Meter: 1
Furnace: 1
Gas Meter: 1
Gas Stove: 1
Refrigerator: 1
Washer: 1
Washer Hookup: 1
Water Heater: 1
Water Meter: 1
Unit 3
# Half Baths: 1
Other Level: 1
Tenant Name: Commercial Store
Other - See Remarks: 1
Zoning
Multi-Use: 1
Lot Description
Level: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Basement
Full: 1
Cooling
Central Air: 1
Water Heater
Natural Gas: 1
Heating
Forced Air: 1
Exterior
Deck: 1
Parking
On Street: 1
Assessment Status
Assessed: 1
Siding
Stucco - Cement: 1
Roof
Flat: 1
Shingle: 1
Tenant Pays
Electricity: 1
Garbage Removal: 1
Gas: 1
Grounds Care: 1
Heat: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Water: 1
Property Features
Unit 1: Dishwasher; Dryer Hookup; Furnace; Gas Meter; Gas Stove; Washer; Washer Hookup; Water Heater; Water Meter
Unit 2: Dishwasher; Dryer; Dryer Hookup; Electric Meter; Furnace; Gas Meter; Gas Stove; Refrigerator; Washer; Washer Hookup; Water Heater; Water Meter
Unit 3: Other - See Remarks
Basement: Full
Cooling: Central Air
Heating: Forced Air
Water Heater: Natural Gas
Exterior: Deck
Siding: Stucco - Cement
Roof: Flat; Shingle
Parking: On Street
Zoning: Multi-Use
Lot Description: Level
Assessment Status: Assessed
Tenant Pays: Electricity; Garbage Removal; Gas; Grounds Care; Heat; Hot Water; Sewer; Snow Removal; Water
Listing Office:
Sourlis Intl Realty Corp
Listing Agent:
Dorothy A Whitehouse
Last Updated: December - 16 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.