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8-16 Mechanic Street, Red Bank, NJ 07701 Property Information

8-16 Mechanic Street, Red Bank, NJ 07701 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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8-16 Mechanic Street, Red Bank, NJ 07701
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Address

Primary address 8-16 Mechanic Street, Red Bank
Zip code 07701
County Monmouth
Municipality Red Bank Borough
Block 29
Lot 3

Sales & Tax Overview for 8-16 Mechanic Street, Red Bank

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Sale date 03/06/2003
Sale price $1
Arm's length
Current property tax $50,961

Lot & Building Information for 8-16 Mechanic Street, Red Bank

Building sqft 10,920
Building class Office Building
Acreage 0.206
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Zoning, Use & Area Overview

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Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 8-16 Mechanic Street, Red Bank

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About 8-16 Mechanic Street, Red Bank

How many square feet does 8-16 Mechanic Street, Red Bank, NJ 07701 have?

This Office Building (SCILSO) located at 8-16 Mechanic Street, Red Bank, NJ 07701 has a total of 10,920 square feet.

What is the market value of 8-16 Mechanic Street, Red Bank, NJ 07701?

The current market value is $2,060,700.

Ownership Information

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Past Sales & Property History for 8-16 Mechanic Street, Red Bank

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Purchase date Purchase price Buyer name Seller name
03/06/2003 $1

Title Documents for 8-16 Mechanic Street, Red Bank

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
03/06/2003 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 8-16 Mechanic Street, Red Bank

Access detailed property tax data for 8-16 Mechanic Street, Red Bank, NJ 07701. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $49,148
Current property tax $50,961
Market value $2,060,700

Assessment History for 8-16 Mechanic Street, Red Bank

Here's the assessment & property tax history for 8-16 Mechanic Street, Red Bank, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $2,060,700 $2,060,700 2.385 $49,148 +30.80%
2024 $1,989,200 $1,989,200 1.889 $37,576 +0.88%
2023 $1,949,100 $1,949,100 1.911 $37,247 +3.66%
2022 $1,790,300 $1,790,300 2.007 $35,931 -4.08%
2021 $1,674,500 $1,674,500 2.237 $37,459 -1.54%

Demographics by Zip Code

Total population 24,376
Median age 42.6
Average household income $158,788
Family households 57.2%
Occupied housing units 10,708
Owner occupied units 65.2%
Average number of people per household 2.26
Median year structure built 1963
Median value for units with a mortgage $609,600
Median value for units without a mortgage $519,400

Risk

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FEMA flood zone(s) X (See more on map)
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Transportation

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Neighbors for 8-16 Mechanic Street, Red Bank

Here are the neighbors for 8-16 Mechanic Street, Red Bank.

Address Square feet Purchase date Purchase price
48 Mechanic St, Red Bank 710
20 Mount St, Red Bank 2,132 04/14/2022 $545,000
42 Mechanic St, Red Bank 12/23/1992 $150,000
27 Broad St, Red Bank 5,301 06/08/2011 $1
9 Broad St, Red Bank 2,800 03/15/2004 $775,000
25 Broad St, Red Bank 4,750 11/27/2007 $2,500,000
18 Mechanic St, Red Bank 2,484 09/14/2023 $750,000
32 Mechanic St, Red Bank 2,464 12/28/2016 $392,587
46 Mechanic St, Red Bank 1,072 07/18/2014 $225,000
7 Broad St, Red Bank 8,852 05/26/2016 $1,720,000
17 Broad St, Red Bank 6,608 07/14/2023 $6,100,000
19 Broad St, Red Bank 8,050 10/09/2024 $1
33 Broad St, Red Bank 3,976
50-52 Mechanic St, Red Bank 2,952 07/14/2014 $460,000
21-23 Broad St, Red Bank 9,477 12/26/2025 $4,050,000
59 Wallace St, Red Bank 2,784 11/28/2003 $1
11-13 Broad St, Red Bank 7,032 04/28/2011 $1
14-16 Mount St, Red Bank 1,050 01/20/2021 $1
18 Mount St, Red Bank 1,270 11/17/2020 $380,000
15 Broad St, Red Bank 4,480 06/15/2017 $1,450,000

Nearby ZIP Codes for 8-16 Mechanic Street, Red Bank

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