Red Bank, NJ 07701 Real Estate & Property Data

Red Bank, NJ 07701 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 345 residential properties have been sold over the past 12 months in 07701. With a median sales price of $725,000 in 07701 and a total of 4 foreclosures in Red Bank, NJ 07701. Discover market trends and get the granular level real estate data for Red Bank, NJ 07701 to keep your pulse on the housing market. Curate compelling home reports for Red Bank, NJ 07701 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Red Bank, NJ 07701 Real Estate Market Trends
Total Residential Properties 8,012
Total Commercial Properties 695
Avg. Home Age (Single Family Home) 76 Years
Avg. Square Feet (Single Family Home) 1,965
Total 2024 Residential Sales (year-to-date) 44
% of Homes Seriously Underwater (Q2 2024) 0.81%
Total 2023 Residential Sales 321
% of Equity Rich Homes (Q2 2024) 44%
Effective 2023 Property Tax 1.5%
Total Foreclosure Filings (year-to-date) 7
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Red Bank, NJ 07701 Real Estate Overview

There were 345 residential properties sold in the past year in Red Bank, NJ 07701. The median home value in Red Bank, NJ 07701 is $588,275. There are a total of 8,012 residential properties in the 07701.

Median Sales Price i
$725,000
(Feb 2024)
+23.9%
year-over-year
y-o-y
  • February '24 Feb '24 $725,000
  • January '24 Jan '24 $670,000
  • December '23 Dec '23 $550,000
  • November '23 Nov '23 $684,450
  • October '23 Oct '23 $635,000
  • September '23 Sep '23 $715,000
  • August '23 Aug '23 $749,000
  • July '23 Jul '23 $730,000
  • June '23 Jun '23 $550,000
  • May '23 May '23 $692,450
  • April '23 Apr '23 $613,000
  • March '23 Mar '23 $642,500
Median Down Payment i
$151,000
(Feb 2024)
+167.7%
year-over-year
y-o-y
  • February '24 Feb '24 $151,000
  • January '24 Jan '24 $102,000
  • December '23 Dec '23 $111,250
  • November '23 Nov '23 $94,000
  • October '23 Oct '23 $165,000
  • September '23 Sep '23 $141,250
  • August '23 Aug '23 $200,000
  • July '23 Jul '23 $233,000
  • June '23 Jun '23 $150,018
  • May '23 May '23 $148,000
  • April '23 Apr '23 $153,250
  • March '23 Mar '23 $114,000
Number of Homes Sold i
22
(Feb 2024)
-8.3%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 22
  • December '23 Dec '23 22
  • November '23 Nov '23 19
  • October '23 Oct '23 28
  • September '23 Sep '23 22
  • August '23 Aug '23 34
  • July '23 Jul '23 32
  • June '23 Jun '23 31
  • May '23 May '23 38
  • April '23 Apr '23 27
  • March '23 Mar '23 24
Number of Purchase Loans i
12
(Feb 2024)
+9.1%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 12
  • December '23 Dec '23 18
  • November '23 Nov '23 15
  • October '23 Oct '23 19
  • September '23 Sep '23 12
  • August '23 Aug '23 18
  • July '23 Jul '23 24
  • June '23 Jun '23 19
  • May '23 May '23 23
  • April '23 Apr '23 19
  • March '23 Mar '23 18
Number of REFI Loans i
12
(Feb 2024)
+140%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 8
  • December '23 Dec '23 4
  • November '23 Nov '23 7
  • October '23 Oct '23 7
  • September '23 Sep '23 19
  • August '23 Aug '23 15
  • July '23 Jul '23 8
  • June '23 Jun '23 10
  • May '23 May '23 17
  • April '23 Apr '23 9
  • March '23 Mar '23 12
Number of HELOC Loans i
11
(Feb 2024)
+22.2%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 8
  • December '23 Dec '23 7
  • November '23 Nov '23 14
  • October '23 Oct '23 3
  • September '23 Sep '23 4
  • August '23 Aug '23 16
  • July '23 Jul '23 11
  • June '23 Jun '23 8
  • May '23 May '23 12
  • April '23 Apr '23 10
  • March '23 Mar '23 11

Red Bank, NJ 07701 Foreclosure Activity

There were a total of 4 Red Bank, NJ 07701 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 2 Red Bank, NJ 07701 properties and repossessed 2 Red Bank, NJ 07701 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
4
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 4
  • September '23 Sep '23 3
  • August '23 Aug '23 6
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Foreclosure Starts i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 4
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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