Red Bank New Jersey Real Estate
Red Bank, New Jersey, is located in Monmouth County, 4 miles SE of Middletown, New Jersey and 28 miles S of New York, New York. Red Bank has a population of 11,844.
Red Bank Homes
Red Bank properties pool is 5,201 residential properties including Red Bank new homes. Median age of real estate in Red Bank is 1949. Average Household size is 2.99 people. 10% are one bedroom homes, 28% are 2 bedroom homes, 44% are 3 bedroom homes, 14% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Red Bank Mortgage Statistics
Red Bank mortgages vs. USA median statistics
| Homes |
Red Bank |
USA |
| Homes With No Mortgage |
26% |
30% |
| Homes With Mortgage |
74% |
70% |
| First Mortgage Only |
57% |
54% |
| First & Second Mortgage or HELOC |
17% |
16% |
Red Bank Area Real Estate Tax
Red Bank Real estate Tax: Median Real Estate Taxes (2000) were $4,055 comparing to 1999 Median Family income $ 63,333. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Red Bank School District: Children make up 17.5% of Red Bank population. Red Bank has 2,074 under 18 years old residents, or 0.35 kids per one worker, or 0.4 kids per one household.
Red Bank Real Estate & Red Bank Homeownership
There are 2236.43 or 43% one person households, 1508.29 or 29% two person households, and 624.12 or 12% three person households in Red Bank, New Jersey. Median residents age is 37.5, Senior citizens (65+) make up 2,173 or 18.3%% of Red Bank population.
There are 5,849 workers (over 16 years of age) in Red Bank. Of these, 75.96% drive to work. Approximately 12.74% of workers in Red Bank take public transportation. An estimated 7.15% walk to work.
Median Red Bank homeowner's housing expences are 23.3%
Crime in Red Bank (2003), crimes per 10,000 residents per year
| Type of Crime |
Red Bank |
USA, 2003 |
| Violent Crimes |
32.93 |
47.5 |
| Robberies |
17.73 |
14.2 |
| Aggravated Assaults |
12.66 |
29.5 |
| Property Crimes |
231.34 |
358.8 |
| Burglaries |
25.33 |
74.0 |
| Larceny-Thefts |
197.57 |
241.5 |
| Motor Vehicle Thefts |
8.44 |
43.3 |
Invest in Red Bank Properties
When making a decision about buying real estate in Red Bank New Jersey area, you should consider following statistical data:
| Category |
Red Bank |
USA |
| Near Medium City |
Middletown, New Jersey |
- |
| Near Large City |
New York, New York |
- |
| Red Bank Zip Codes |
07701, 07702, 07703, 07704 |
- |
| Red Bank Area Codes |
732 |
- |
| White population |
68.19% |
75.1% |
| African-American population |
20.05% |
12.3% |
| Asian |
2.19% |
3.6% |
| American Indian & Alaskan |
0.35% |
0.9% |
| Hispanic (of any race) |
17.11% |
12.5% |
| Median Family Income (1999) |
$ 63,333% |
$42,000 |
| Population Below Poverty Level |
11.51% |
12.4% |
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