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38 Drummond Ave

Red Bank, NJ 07701

2 bd 1 ba 1,002 sqft Built 1935 Lot 4,356 sqft single_family
Most recent sale
$370,000
Feb 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 3, 2023 Sold $370,000 MoreMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $186,400 $177,400 $363,800 $6,628
2024 $186,400 $177,400 $363,800 $6,352
2023 $174,000 $138,100 $312,100 $5,964
2022 $146,900 $124,500 $271,400 $5,447
2021 $133,700 $83,000 $216,700 $4,847
2020 $122,000 $83,000 $205,000 $4,657
2019 $118,400 $83,000 $201,400 $4,452
2018 $114,000 $83,000 $197,000 $4,308
2017 $113,300 $83,000 $196,300 $4,141
2016 $110,400 $83,000 $193,400 $4,074
2015 $86,700 $126,500 $213,200 $4,334
2014 $86,700 $183,000 $269,700 $4,909
2013 $86,700 $183,000 $269,700 $4,631
2012 $86,700 $183,000 $269,700 $4,488
2011 $86,700 $183,000 $269,700 $4,367
2010 $86,700 $183,000 $269,700 $4,528
2009 $86,700 $183,000 $269,700 $4,100
2008 $86,700 $183,000 $269,700 $3,906
2007 $86,700 $183,000 $269,700 $3,906

Property facts

Year built
1935
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,002 sqft
Lot size
4,356 sqft
ZIP code
07701
City
Red Bank
Street
Drummond Ave
Coordinates
40.33853, -74.07326

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,503
Gross rental yield
4.87%
Implied cap rate
3.17%
Trend-extrapolated value

Frequently asked questions

When did 38 Drummond Ave last sell?
38 Drummond Ave most recently sold on Feb 3, 2023 for $370,000.
What is the current tax assessment for 38 Drummond Ave?
The most recent total assessment for 38 Drummond Ave (year 2025) is $363,800 with $6,628 in property tax.
How does 38 Drummond Ave's assessment compare to its last sale price?
The current assessment is 1.7% below the last sale price of $370,000.
When was 38 Drummond Ave built?
38 Drummond Ave was built in 1935.
How does 38 Drummond Ave compare to others on Drummond Ave?
We track 8 other properties on Drummond Ave. Browse the list under "Other properties on Drummond Ave" to compare beds, baths, and sale history.
What are the property facts for 38 Drummond Ave?
38 Drummond Ave is a 2 bed, 1 bath, 1,002 sqft, 4,356 sqft lot single_family.
Is 38 Drummond Ave a flip candidate?
No — 38 Drummond Ave does not appear in our flips dataset.
Is 38 Drummond Ave a tax-appeal candidate?
No — 38 Drummond Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$955.3K
2026 Q4
$962K
ZIP 07701 — Median Price History + Forecast

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