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What's Going On Here?? 23 Real Estate Development Projects in Red Bank NOW

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What Is Going On Here?? 23 Real Estate Development Projects in Red Bank NOW

Jonathan "Jon" Bowen

I have lived in Monmouth County a majority of my life.  Growing up in Freehold until attending Monmouth University, and then living my adult year...

I have lived in Monmouth County a majority of my life.  Growing up in Freehold until attending Monmouth University, and then living my adult year...

Jan 6 6 minutes read

1.  Station Place

Located on Monmouth Street and finished construction in the last few years, Station Place has a mix of 1 and 2 bedroom apartments ranging from $2,295-$2,895.  Some of the upper floor units also include a garage.

2.  West Side Lofts

Built in the last few years just like the previous development; the West Side Lofts has 90 rental apartments.  There is a mix of 1 and 2 bedroom units, and also some larger townhouse units for at home offices with street access.

3.  The Rail

The Rail Project is currently under construction and a large mixed use property near the Red Bank train station.  There are 57 rental apartments with a mix of 1 and 2 bedrooms and also 6,000 square feet of retail space on the ground level.  Amenities for the rental apartments include parking deck, gym, yoga studio, community dog wash area, and club area with grilling and outdoor seating in the courtyard.

4.  John Andersen Building

This Metrovation project is 50,000 square feet of mixed use office and retail space.  A large portion of the John Andersen Building will be occupied by Sickles Market and the newly opened Sickles Bottle Shop.

5.  Fortune Square

Recently completed in 2019, Fortune Square is 28 rental apartments as well as a historical museum.  This property was formerly vacant for years until Mumford Homes bought and developed the dilapidated historical structure. 

6.  Riverwalk Commons

This project is currently under construction after quite a delay with a couple changes in ownership over the last several years.  There will be 24 rental apartments once completed.

7.  Southbank at Navesink

This is one of a few projects that Denholtz is working on in Red Bank.  These 10 luxury condo's have not started construction yet, but have been approved by Red Bank.

8.  Marine Park Development

All of Red Bank's Parks for the most part have redevelopment plans that have progressed in the last few years, and will take another few years to finalize, approve, and complete.

9.  Swimming River Park Development

All of Red Bank's Parks for the most part have redevelopment plans that have progressed in the last few years, and will take another few years to finalize, approve, and complete.

10.  Brownstones of Red Bank

Another project from Mumford Homes, the Brownstones of Red Bank are 22 townhouse units for sale ranging from the mid 500s to the mid 600s.  Each unit consists 2/3 bedrooms and 3.5 bathrooms with varying square footage depending on location in the community.

11.  Count Basie Theater Renovation/Addition

The famous Count Basie theater is nearly doubling in size with the addition and renovation currently taking place.  There will be another venue added as well as other social areas to enjoy time with friends before and after the shows.

12.  Two River Theater Renovation/Addition

Another great addition and renovation is taking place at the Two River Theater.  

13.  Maple Avenue Waterfront Development

This property located in between the Ocean First Bank building and the historical Red Bank Library.  There will be under ground parking, street level offices, and 9 luxury apartments with river views.

14.  CubeSmart Storage

This storage facility by CubeSmart was built quickly in the last couple years and tucked away on Pearl Street.  Most people probably didn't even notice this was built, but is a great resource for Red Bank residents.

15.  Azalea Gardens

The property has been leveled and prepared, but construction has not begun.  Located just behind Broad Street, this 16 townhouse project by local developer Rapcavage should be completed in the next couple years and pricing should be at $775,000.

16.  Fameabilia Redevelopment

This project hasn't begun yet, but has been in progress for several years getting approvals.  The current owner is looking to have the ground level operate as a Brewery and take out food establishment with 6 rental apartments total on the second and third floor.

17.  The Element

PRC recently completed construction of this beautiful West Front Street rental apartment community.  There are 35 rental apartments with a mix of 1 and 2 bedrooms.

18.  Proving Ground - Red Bank Edition

After recently acquiring Windansea in the Highlands and transforming into the Proving Ground, the same development group purchased the building formerly occupied by Red and the corner liquor store.  They are working on details but are interested in adding rooftop dining.

19.  Sunset Park Development

All of Red Bank's Parks for the most part have redevelopment plans that have progressed in the last few years, and will take another few years to finalize, approve, and complete.

20.  The Vault

The Vault is one of Saxum's couple developments in Red Bank and has been under construction for quite some time.  The landmark Red Bank building will be office space.

21.  170 Monmouth Street

This building purchased in the last few years is going to undergo a transformation.  Formerly all office space, this building will be converted to residential apartments on the upper levels, and the street level will be turned into retail.

22.  VNA Building Redevelopment

This large project by Saxum will consist of 210 apartments and 9,000 square feet of shared office space and boutique retail.  Amenities including a pool, fitness center, club room, rooftop lounge and dog run. 

23.  121 Monmouth Street

Local developer, Michael Salerno, has been involved with the approval process to bring almost 70 rental apartments to Monmouth Street.  The current property is occupied by several smaller buildings at the time.

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