45 Commonwealth Ave
Red Bank, NJ 07701
3 bd 3 ba 1,722 sqft Built 1953 Lot 5,663 sqft single_family
Most recent sale
$535,000
Dec 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 1, 2022 | Sold | $535,000 | MoreMLS |
| Nov 17, 2017 | Sold | $340,000 | Public Record |
| Jul 10, 1997 | Sold | $83,000 | Public Record |
| Sep 1, 1984 | Sold | $82,500 | Public Record |
| Jun 1, 1983 | Sold | $40,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $252,200 | $412,200 | $664,400 | $10,723 |
| 2024 | $252,200 | $412,200 | $664,400 | $9,276 |
| 2023 | $223,100 | $295,400 | $518,500 | $9,011 |
| 2022 | $170,900 | $236,500 | $407,400 | $7,671 |
| 2021 | $152,000 | $218,900 | $370,900 | $7,714 |
| 2020 | $148,600 | $199,400 | $348,000 | $7,440 |
| 2019 | $162,600 | $208,900 | $371,500 | $7,846 |
| 2018 | $198,000 | $155,500 | $353,500 | $7,660 |
| 2017 | $194,600 | $155,500 | $350,100 | $7,663 |
| 2016 | $189,700 | $155,500 | $345,200 | $7,356 |
| 2015 | $187,400 | $155,500 | $342,900 | $7,324 |
| 2014 | $171,200 | $155,500 | $326,700 | $7,151 |
| 2013 | $171,200 | $155,500 | $326,700 | $6,991 |
| 2012 | $171,200 | $155,500 | $326,700 | $7,128 |
| 2011 | $171,200 | $155,500 | $326,700 | $7,059 |
| 2010 | $186,100 | $180,500 | $366,600 | $6,818 |
| 2009 | $186,100 | $180,500 | $366,600 | $6,565 |
| 2008 | $86,200 | $58,000 | $144,200 | $5,486 |
| 2007 | $86,200 | $58,000 | $144,200 | $5,486 |
Property facts
Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,722 sqft
Lot size
5,663 sqft
ZIP code
07701
City
Red Bank
Street
Commonwealth Ave
Coordinates
40.37049, -74.08943
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,583
Gross rental yield
5.79%
Implied cap rate
3.77%
Trend-extrapolated value
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Frequently asked questions
When did 45 Commonwealth Ave last sell?
45 Commonwealth Ave most recently sold on Dec 1, 2022 for $535,000.
What is the current tax assessment for 45 Commonwealth Ave?
The most recent total assessment for 45 Commonwealth Ave (year 2025) is $664,400 with $10,723 in property tax.
How does 45 Commonwealth Ave's assessment compare to its last sale price?
The current assessment is 24.2% above the last sale price of $535,000.
When was 45 Commonwealth Ave built?
45 Commonwealth Ave was built in 1953.
How does 45 Commonwealth Ave compare to others on Commonwealth Ave?
We track 7 other properties on Commonwealth Ave. Browse the list under "Other properties on Commonwealth Ave" to compare beds, baths, and sale history.
What are the property facts for 45 Commonwealth Ave?
45 Commonwealth Ave is a 3 bed, 3 bath, 1,722 sqft, 5,663 sqft lot single_family.
Is 45 Commonwealth Ave a flip candidate?
No — 45 Commonwealth Ave does not appear in our flips dataset.
Is 45 Commonwealth Ave a tax-appeal candidate?
Yes — 45 Commonwealth Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$955.3K
2026 Q4
$962K
ZIP 07701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commonwealth Ave