Back 54 Chestnut Street
Off Market

54 Chestnut Street

Red Bank NJ 07701

3
2
1
1742 sq. ft.
4356 sq. ft.
Single-Family
Last sold for $765,000
Maureen YetmanMaureen Yetman, last sold this property on 12 February 2026 after 34 days on market.

Overview

Classic character meets thoughtful, long-term investment in this circa-1900 two-story wood-frame home located on charming Chestnut Street in the heart of Red Bank. Offering approximately 1,745 square feet of living space across three floors, this home is complemented by 3 nice-sized bedrooms, 1 full and 1 half bath, hardwood floors, a full 7-foot-high basement, and a rebuilt attic studio that adds flexibility and function. The kitchen features serpentine green marble countertops, a convection oven, and updated refrigerator and dishwasher. The 350-SF attic workspace, rebuilt in 2008, includes a work sink and its own mini-split HVAC system—ideal for a studio, home office, or creative retreat. Over the years, the owner has made substantial structural, mechanical, and exterior improvements, prioritizing durability, efficiency, and peace of mind. Major upgrades include fully renovated front and rear porches, a 12' x 24' detached single-story heated garage, and a 6-inch-thick, 75-foot reinforced concrete driveway. The home is supported by a 200-amp electrical service (2008), high-efficiency gas furnace (2024), new roof (2024), tankless natural gas water heater (2025), and a 20-kW Kohler natural-gas standby generator installed in 2022. The basement has been structurally enhanced with a new 4"- thick reinforced concrete floor slab and 6"- diameter concrete-filled steel Lally columns added in 2025, reinforcing the main support beams. Energy-conscious buyers will appreciate the fully OWNED 12 solar panels installed between 2020-2022 on the garage roof. Adding to the home's appeal is its walkable location- just minutes from the Red Bank train station, downtown restaurants and theaters, as well as easy walking access to St. James Elementary School, Red Bank Catholic High School, and the Red Bank Charter School - offering both convenience and long-term value.This is a home with strong bones, meaningful upgrades, and room for the next owner to add their own vision. Offered strictly "As-is", this property is ideal for buyers who value historic charm, infrastructure investment, and the opportunity to begin their next chapter in a fantastic Red Bank location.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
1742 sq. ft. floor area
4356 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Red Bank over the last 12 months, the estimated median property value of 54 Chestnut Street is $750k.

Median value
$750k
Estimated value range
$410k - $1.26m
Median days on market
15
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Red Bank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 54 Chestnut Street

2026
Sold
$765,000
12 Feb 2026 by Maureen Yetman, of C21 Thomson & Co.

Happy sellers in Red Bank

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We have insufficient information to provide an overview of customer satisfaction for Red Bank. Viewing the agent profiles, reviews and sales for Red Bank can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Red Bank

In the last 12 months, 61 three-bedroom single-family properties similar to 54 Chestnut Street, have been sold.

This represents a 7% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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