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120 Locust Ave

Red Bank, NJ 07701

2 bd 3 ba 1,464 sqft Built 2005 Lot 871 sqft multi_family
Most recent sale
$599,000
Dec 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2022 Sold $599,000 MoreMLS
Mar 24, 2022 Sold $500,000 Public Record
Oct 24, 2012 Sold $330,000 Public Record
Oct 16, 2012 Listing removed $334,700 MoreMLS
Sep 5, 2012 Listing removed $334,700 MoreMLS
Sep 5, 2012 Listed $334,700 MoreMLS
Aug 8, 2012 Price changed $334,700 MoreMLS
Jan 11, 2012 Listed $349,950 MoreMLS
Jan 11, 2012 Listing removed $364,900 MoreMLS
Jul 22, 2011 Price changed $364,900 MoreMLS
Jun 17, 2011 Price changed $374,900 MoreMLS
May 16, 2011 Listed $399,000 MoreMLS
Feb 28, 2011 Listing removed $425,000 MoreMLS
Sep 1, 2010 Price changed $425,000 MoreMLS
Aug 2, 2010 Listed $449,900 MoreMLS
Apr 25, 2007 Sold $505,000 Public Record
Oct 5, 2005 Sold $489,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $287,200 $330,700 $617,900 $11,258
2024 $287,200 $330,700 $617,900 $11,515
2023 $274,300 $325,000 $599,300 $11,452
2022 $253,500 $267,800 $521,300 $10,462
2021 $233,600 $255,000 $488,600 $10,929
2020 $215,700 $255,000 $470,700 $10,694
2019 $211,600 $255,000 $466,600 $10,316
2018 $206,100 $255,000 $461,100 $10,084
2017 $207,100 $255,000 $462,100 $9,750
2016 $204,100 $300,000 $504,100 $10,621
2015 $107,000 $375,000 $482,000 $9,799
2014 $107,000 $375,000 $482,000 $9,220
2013 $267,700 $375,000 $642,700 $11,632
2012 $267,700 $375,000 $642,700 $11,292
2011 $267,700 $375,000 $642,700 $11,003
2010 $267,700 $375,000 $642,700 $10,790
2009 $267,700 $375,000 $642,700 $10,366
2008 $267,700 $375,000 $642,700 $9,904
2007 $267,700 $375,000 $642,700 $9,904

Property facts

Year built
2005
Property type
multi_family
Stories
3
Beds
2
Baths
3
Living area
1,464 sqft
Lot size
871 sqft
ZIP code
07701
City
Red Bank
Street
Locust Ave
Coordinates
40.34707, -74.08022

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
$2,196
Gross rental yield
4.40%
Implied cap rate
2.86%
Trend-extrapolated value

Frequently asked questions

When did 120 Locust Ave last sell?
120 Locust Ave most recently sold on Dec 6, 2022 for $599,000.
What is the current tax assessment for 120 Locust Ave?
The most recent total assessment for 120 Locust Ave (year 2025) is $617,900 with $11,258 in property tax.
How does 120 Locust Ave's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $599,000.
When was 120 Locust Ave built?
120 Locust Ave was built in 2005.
How does 120 Locust Ave compare to others on Locust Ave?
We track 8 other properties on Locust Ave. Browse the list under "Other properties on Locust Ave" to compare beds, baths, and sale history.
What are the property facts for 120 Locust Ave?
120 Locust Ave is a 2 bed, 3 bath, 1,464 sqft, 871 sqft lot multi_family.
Is 120 Locust Ave a flip candidate?
No — 120 Locust Ave does not appear in our flips dataset.
Is 120 Locust Ave a tax-appeal candidate?
No — 120 Locust 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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