Two story wood frame with aluminum siding four family home, constructed in 1920. The first floor contains two/two bedroom apartments. The second floor contains two/two bedroom apartments with separate walk-up attics for additional storage.There is a full basement not used by tenants but could be used as extra storage.Property offers a driveway on both sides of the house with a large back lot that could be used for parking.Tenants pay for electric and gas. All units are separately metered. Three of four units have central A/C.Gross income per year is approximately $56,100. Expenses run approximately $15,000 which produces a net income of approximately $41,000 per year.
Off market
Zestimate®
$923,600
42-44 Rector Pl, Red Bank, NJ 07701
--beds
0baths
1,464sqft
MultiFamily
Built in 1920
-- sqft lot
$923,600 Zestimate®
$631/sqft
$3,676 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Gas
Cooling
- Central
Interior area
- Total interior livable area: 1,464 sqft
Property
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 6,669 sqft
Details
- Parcel number: 3900002000000022
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Red Bank
- Municipality: Red Bank (RED)
Other
Other facts
- Water/Sewer: Public Water
- Status: Active
- State: NJ
- County: Monmouth
- Property Sub-Type: Four Family
- Assessment Status: Assessed
- Owner: Individual(s)
- Municipality: Red Bank (RED)
- Postal City: Red Bank
- Zip Code: 07701
- Heat/AC: 3+ Zoned Heat, 3+ Zoned AC
- Street Suffix: Place
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$923,600
2% more+$18,472
With Zillow Showcase(estimated)$942,072