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97 Mechanic St

Red Bank, NJ 07701

3 bd 2 ba 1,350 sqft Built 1904 Lot 3,485 sqft single_family
Most recent sale
$399,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $399,000 MLS #22219569
Jul 18, 2022 Price changed $399,000 MLS #22219569
Jul 2, 2022 Price changed $429,000 MLS #22219569
Jun 23, 2022 Listed $459,000 MLS #22219569

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,400 $379,100 $551,500 $10,048
2024 $172,400 $379,100 $551,500 $9,154
2023 $160,900 $288,700 $449,600 $8,591
2022 $171,600 $273,300 $444,900 $8,929
2021 $156,200 $218,600 $374,800 $8,384
2020 $142,600 $218,600 $361,200 $8,206
2019 $138,300 $218,600 $356,900 $7,891
2018 $133,200 $218,600 $351,800 $7,694
2017 $132,300 $218,600 $350,900 $7,404
2016 $128,900 $218,600 $347,500 $7,322
2015 $71,400 $258,600 $330,000 $6,709
2014 $71,400 $258,600 $330,000 $6,063
2013 $71,400 $258,600 $330,000 $5,723
2012 $71,400 $258,600 $330,000 $5,548
2011 $71,400 $258,600 $330,000 $5,400
2010 $71,400 $258,600 $330,000 $5,541
2009 $71,400 $258,600 $330,000 $5,073
2008 $71,400 $258,600 $330,000 $5,540
2007 $117,100 $258,600 $375,700 $5,539

Property facts

Year built
1904
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,350 sqft
Lot size
3,485 sqft
ZIP code
07701
City
Red Bank
Street
Mechanic St
Coordinates
40.35203, -74.06105

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
$2,025
Gross rental yield
6.09%
Implied cap rate
3.96%
Trend-extrapolated value

Frequently asked questions

When did 97 Mechanic St last sell?
97 Mechanic St most recently sold on Sep 14, 2022 for $399,000.
What is the current tax assessment for 97 Mechanic St?
The most recent total assessment for 97 Mechanic St (year 2025) is $551,500 with $10,048 in property tax.
How does 97 Mechanic St's assessment compare to its last sale price?
The current assessment is 38.2% above the last sale price of $399,000.
When was 97 Mechanic St built?
97 Mechanic St was built in 1904.
How does 97 Mechanic St compare to others on Mechanic St?
We track 8 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 97 Mechanic St?
97 Mechanic St is a 3 bed, 2 bath, 1,350 sqft, 3,485 sqft lot single_family.
Is 97 Mechanic St a flip candidate?
No — 97 Mechanic St does not appear in our flips dataset.
Is 97 Mechanic St a tax-appeal candidate?
Yes — 97 Mechanic St 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 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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