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218 River Street, Red Bank, NJ, 07701

2beds
1baths
768sqft
$375,000
$488price/sqft
$2,801/moest. monthly cost
$112,040/yrincome needed

About This Home

Red Hot Red Bank! This 2-bedroom, 1-bath ranch is perfectly situated just moments from the local school and the Navesink River. Featuring a charming front porch and significant potential, the property offers a wonderful opportunity to renovate! Conveniently located minutes from downtown Red Bank's shopping, restaurants, and parks, as well as the Garden State Parkway, this is an excellent choice for an investment or a starter home in one of Monmouth County's most desirable areas.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

4/10
Red Bank Primary SchoolGrades PK-30.1 mi
5/10
Red Bank Middle SchoolGrades 4-81.2 mi
6/10

Construction

Condition

  • Year built: 1935

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Area: 690
  • Dimensions: 30 x 23

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom

  • Area: 144
  • Dimensions: 12 x 12

Bedroom

  • Area: 144
  • Dimensions: 12 x 12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Wood
  • Attic: Attic

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 768
  • Total interior livable area: 768 sqft

Kitchen

  • Area: 121
  • Dimensions: 11 x 11

Living Room

  • Area: 221
  • Dimensions: 17 x 13

Property

Details

  • Parcel number: 390007100000005501
  • Zoning description: Residential

Features

  • Stories: 1
  • Topography of land: Level

Lot

  • Lot size: 7,405 sqft

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Lightning
Winter Weather
Cold Wave
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance *$116$1,392
Property Taxes $596$7,152
Electricity $193$2,318
Total$2,801$33,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,034/yr
40% on housing$84,030/yr
45% on housing$74,693/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$488This listing

vs Other Active Listings

Avg $/sqft

ZIP 07701$351
Monmouth County$425

vs Homes Sold Last Month

Median $/sqft

ZIP 07701$416
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$375,000
2026-07-13Listed for sale$375,000
2012-08-09Listing removed$129,900
2012-06-14Listed for sale$129,900

For Sale by Agent

AgentMichele Ashkenazi
BrokerageSchecher Realty

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