House Prices

Downtown Red Bank, NJ House Prices & Home Values 2026


Average Data

average house price$515,966
average size per house1577 ft²
average price per ft²339 $ / ft²

04/04/2026 - The value range (VR) for house prices in Downtown Red Bank, NJ is $322.05/ sqft to $355.95/ sqft. An average home with 1577 sqft costs approximately $525,141 to $580,419. Red Bank, NJ includes 1 ZIP codes and it is located in Monmouth county. The lowest prices are found in ZIP 07701, while the highest are in ZIP 07701. The average price per sqare feet is $339. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Downtown Red Bank

07701339 $ / ft²




Historical development of home values in Downtown Red Bank

Year Estimated value (USD) Change vs. 2025
2010 $239,624 -53.6%
2011 $230,358 -55.4%
2012 $229,737 -55.5%
2013 $238,324 -53.8%
2014 $250,175 -51.5%
2015 $263,015 -49.0%
2016 $276,741 -46.4%
2017 $291,678 -43.5%
2018 $307,803 -40.3%
2019 $322,075 -37.6%
2020 $338,725 -34.4%
2021 $385,263 -25.3%
2022 $449,131 -13.0%
2023 $473,629 -8.2%
2024 $501,029 -2.9%
2025 $515,966 0.0%

Graph: estimated home values in Downtown Red Bank over time (USD)



Example: 100% financing house in Downtown Red Bank

Loan amount: $515,966

Interest rate: 6.20%

Fixed monthly payment: $3,161.47

Breakdown in the 1st month:
Interest portion: $2,667.54  –  Principal portion: $493.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $31,839.05 $6,098.60 $509,867.40
2 $31,449.75 $6,487.90 $503,379.50
3 $31,035.60 $6,902.06 $496,477.44
4 $30,595.01 $7,342.65 $489,134.80
5 $30,126.29 $7,811.36 $481,323.43
6 $29,627.65 $8,310.00 $473,013.43
7 $29,097.18 $8,840.47 $464,172.96
8 $28,532.85 $9,404.80 $454,768.16
9 $27,932.50 $10,005.15 $444,763.01
10 $27,293.82 $10,643.83 $434,119.17
11 $26,614.37 $11,323.28 $422,795.89
12 $25,891.55 $12,046.10 $410,749.80
13 $25,122.59 $12,815.06 $397,934.73
14 $24,304.54 $13,633.11 $384,301.63
15 $23,434.28 $14,503.38 $369,798.25
16 $22,508.46 $15,429.20 $354,369.05
17 $21,523.54 $16,414.12 $337,954.94
18 $20,475.74 $17,461.91 $320,493.03
19 $19,361.06 $18,576.59 $301,916.44
20 $18,175.23 $19,762.42 $282,154.01
21 $16,913.70 $21,023.96 $261,130.06
22 $15,571.64 $22,366.02 $238,764.04
23 $14,143.90 $23,793.75 $214,970.29
24 $12,625.03 $25,312.62 $189,657.67
25 $11,009.21 $26,928.45 $162,729.23
26 $9,290.23 $28,647.42 $134,081.81
27 $7,461.53 $30,476.12 $103,605.68
28 $5,516.09 $32,421.56 $71,184.12
29 $3,446.46 $34,491.19 $36,692.93
30 $1,244.72 $36,692.93 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Downtown Red Bank, NJ


1500 sqft3900 sqft
Ø selling price$636,205$1,353,381
Ø fast selling$578,368$1,218,043
Ø high price sale$694,042$1,488,719

In 2026, houses in Downtown Red Bank, NJ will be offered at an average price of $339 per square foot. A 1,500 sqft home priced at $636,205 is 23.78% more expensive per square foot than a 3,900 sqft home priced at $1,353,381. Home prices in Downtown Red Bank, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $936,956. Sellers who can wait longer may achieve a higher price of up to $1,145,169.

FAQ – Home Values in Downtown Red Bank

What is the median home value in Downtown Red Bank in 2026?

In 2026, the typical home value in Downtown Red Bank is about $515,966 for an average home size of 1577 square feet. This corresponds to an average price of roughly $339 per square foot.

What is the average cost per square foot in Downtown Red Bank?

In 2026, homes in Downtown Red Bank sell for an average of around $339 per square foot, with a typical range between $322.05 and $355.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Downtown?

The average home size in Downtown Red Bank is about 1577 square feet, with an estimated 2026 value around $515,966.



Neighborhoods close to Downtown Red Bank, NJ

Thornbrooke Shrewsbury, NJ263 $ / ft²
West Allenhurst Allenhurst, NJ271 $ / ft²
Northeast Asbury Park, NJ303 $ / ft²
East Hill Tenafly, NJ399 $ / ft²
West Englewood Teaneck, NJ312 $ / ft²
New Bridge River Edge, NJ363 $ / ft²
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