Red Bank Home Fetches $4.14 Million in Latest Sales Round

A single-family home located at 44 Blossom Cove Road in Red Bank has emerged as the highest-priced sale in the Middletown area during the week of December 8-14, 2023. The property sold for $4.14 million, marking a significant transaction in the local real estate market. This sale is among 17 residential transactions recorded in the area, where the average sale price reached $853,766, with an average price per square foot of $398.

The data reflects sales where the title was recorded during the week of December 8, regardless of when the properties were sold. Below is a summary of the ten most expensive homes sold in the Middletown area during this period.

Top Residential Sales in Middletown Area

10. 124 Chamone Ave. – $631,500
A four-bedroom home at 124 Chamone Ave. in Middletown has sold for $631,500. The 1,296-square-foot residence, built in 1930, features two bathrooms. The transaction was completed on November 13, resulting in a price per square foot of $487.

9. 854 Main Street – $675,000
Another notable sale occurred at 854 Main Street, where a single-family home was purchased for $675,000. The property, built in 1918, has a living area of 2,302 square feet and includes three bedrooms and two bathrooms. This deal was finalized on November 17, translating to a price of $293 per square foot.

8. 253 Pearl Street S – $679,000
A two-bedroom home at 253 Pearl Street S in Red Bank sold for $679,000. The 1,188-square-foot house, constructed in 1915, features one bathroom and was finalized on November 17, achieving a price per square foot of $572.

7. 421 7th Ave. – $775,000
The home at 421 7th Ave. in Middletown sold for $775,000. Built in 1989, this residence spans 2,183 square feet and includes four bedrooms and two bathrooms. The sale was completed on November 13, resulting in a price per square foot of $355.

6. 30 Pacific Ave. – $790,000
A five-bedroom home at 30 Pacific Ave. was sold for $790,000. The house, constructed in 1928, offers a living area of 2,451 square feet and three bathrooms. The transaction was finalized on November 17, achieving a price per square foot of $322.

5. 70 Commonwealth Ave. – $799,900
At 70 Commonwealth Ave., a single-family home sold for $799,900. The property, built in 1980, features three bedrooms and two bathrooms, with a total area of 1,768 square feet. The deal was finalized on November 17, resulting in a price of $452 per square foot.

4. 137 E. Bergen Place – $954,000
This sale involved a single-family home at 137 E. Bergen Place in Red Bank, which was sold for $954,000. Built in 1926, the home covers 1,512 square feet and includes three bedrooms and two bathrooms. The transaction was completed on November 14, resulting in a price per square foot of $631.

3. 25 Hamilton Hill Road – $1.1 million
A four-bedroom home at 25 Hamilton Hill Road in Middletown was sold for $1.1 million. Constructed in 1997, the residence has a living area of 2,289 square feet and three bathrooms. The deal was closed on November 13, translating to a price per square foot of $481.

2. 11 Lyon Road – $1.15 million
The property located at 11 Lyon Road in Middletown sold for $1.15 million. Built in 1976, this four-bedroom house encompasses 2,364 square feet and has three bathrooms. The transaction was finalized on November 12, resulting in a price of $484 per square foot.

1. 44 Blossom Cove Road – $4.14 million
The standout sale was the single-family home at 44 Blossom Cove Road, which fetched $4,141,000. This expansive property covers 7,513 square feet, boasts five bedrooms and five bathrooms, and was completed on November 14. The price per square foot for this luxurious residence stands at $551.

These significant transactions reflect ongoing interest and investment in the Middletown area’s real estate market, showcasing a range of properties that appeal to various buyers.