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62 Tower Hill Dr

Red Bank, NJ 07701

2 bd 2 ba 1,136 sqft Built 1987 Lot 1,307 sqft multi_family
Most recent sale
$480,000
Apr 18, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Sold $480,000 MoreMLS
Mar 2, 2024 Listed $459,000 MoreMLS
Feb 22, 2024 Listing removed MoreMLS
Jan 23, 2024 Listing removed MoreMLS
Dec 16, 2023 Price changed $465,000 MoreMLS
Dec 1, 2023 Listed for rent $3,000 MoreMLS
Nov 30, 2023 Listed $480,000 MoreMLS
Mar 19, 2018 Sold $255,000 MoreMLS
Dec 8, 2017 Price changed $279,000 MoreMLS
Nov 6, 2017 Listed $289,000 MoreMLS
Oct 24, 2015 Listing removed $290,000 MoreMLS
Aug 20, 2015 Price changed $290,000 MoreMLS
May 26, 2015 Price changed $299,900 MoreMLS
Apr 24, 2015 Listed $309,000 MoreMLS
Nov 12, 2003 Sold $285,000 Public Record
Nov 7, 2001 Sold $249,900 Public Record
Jun 10, 1992 Sold $99,990 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $181,500 $298,500 $480,000 $8,745
2024 $181,500 $298,500 $480,000 $7,533
2023 $183,900 $201,800 $385,700 $7,370
2022 $176,100 $168,800 $344,900 $6,922
2021 $145,300 $135,000 $280,300 $6,270
2020 $120,500 $165,000 $285,500 $6,486
2019 $116,100 $165,000 $281,100 $6,215
2018 $110,800 $165,000 $275,800 $6,031
2017 $110,000 $165,000 $275,000 $5,802
2016 $132,300 $165,000 $297,300 $6,264
2015 $84,600 $220,000 $304,600 $6,192
2014 $84,600 $220,000 $304,600 $5,827
2013 $84,600 $220,000 $304,600 $5,513
2012 $138,300 $220,000 $358,300 $6,295
2011 $138,300 $220,000 $358,300 $6,134
2010 $138,300 $220,000 $358,300 $6,015
2009 $138,300 $220,000 $358,300 $5,779
2008 $138,300 $220,000 $358,300 $5,521
2007 $138,300 $220,000 $358,300 $5,521

Property facts

Year built
1987
Property type
multi_family
Stories
1
Beds
2
Baths
2
Living area
1,136 sqft
Lot size
1,307 sqft
ZIP code
07701
City
Red Bank
Street
Tower Hill Dr
Coordinates
40.34887, -74.05544

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
$1,704
Gross rental yield
4.26%
Implied cap rate
2.77%
Trend-extrapolated value

Frequently asked questions

When did 62 Tower Hill Dr last sell?
62 Tower Hill Dr most recently sold on Apr 18, 2024 for $480,000.
What is the current tax assessment for 62 Tower Hill Dr?
The most recent total assessment for 62 Tower Hill Dr (year 2025) is $480,000 with $8,745 in property tax.
How does 62 Tower Hill Dr's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $480,000.
When was 62 Tower Hill Dr built?
62 Tower Hill Dr was built in 1987.
How does 62 Tower Hill Dr compare to others on Tower Hill Dr?
We track 8 other properties on Tower Hill Dr. Browse the list under "Other properties on Tower Hill Dr" to compare beds, baths, and sale history.
What are the property facts for 62 Tower Hill Dr?
62 Tower Hill Dr is a 2 bed, 2 bath, 1,136 sqft, 1,307 sqft lot multi_family.
Is 62 Tower Hill Dr a flip candidate?
No — 62 Tower Hill Dr does not appear in our flips dataset.
Is 62 Tower Hill Dr a tax-appeal candidate?
No — 62 Tower Hill Dr 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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