Red Bank Homes under $500,000

Welcome to Red Bank, New Jersey—a vibrant gem nestled in Monmouth County, where charm meets convenience! Known for its rich history, artistic flair, and a lively downtown scene, Red Bank offers an exceptional quality of life that attracts residents from all walks of life. With its picturesque streets lined with unique shops, trendy cafes, and a thriving arts community, you’ll find plenty to explore and enjoy.

Red Bank is not just a feast for the eyes; it’s also a haven for homebuyers seeking value. If you’re looking for homes under $500,000, you’re in luck! This area provides a diverse selection of properties that cater to various tastes and lifestyles. From cozy bungalows to modern townhomes, you’ll discover options that fit your budget without compromising on quality or location.

Families will appreciate the top-rated schools, while outdoor enthusiasts can take advantage of the nearby parks and the scenic Navesink River. The community vibe is palpable, with local events and festivals that bring neighbors together, fostering a sense of belonging.

Moreover, Red Bank’s strategic location offers easy access to major highways and public transportation, making it a commuter’s dream. Whether you’re heading to New York City for work or enjoying a weekend getaway at the Jersey Shore, you’ll appreciate the seamless connectivity.

In Red Bank, you’re not just buying a home; you’re investing in a lifestyle filled with culture, community, and countless opportunities. Don’t miss your chance to find your perfect home in this enchanting town!

Newest Red Bank Homes under $500,000

$325,000

1 Beds ⋅ 1 Baths

This one-bedroom condo is located in trendy Red Bank Manor. Close distance to restaurants, shopping, NJ Transit and more. One Bedroom, Eat in Kitchen, and Living room. Washer / Dryer in unit! One reserved parking space. Trash Disposal at door step with daily

100 N Manor Drive Unit 100, Red Bank

Listing courtesy of Robert DeFalco Realty Inc.. Contact:

$350,000

1 Beds ⋅ 1 Baths

Looking for easy, one-level living with plenty to do right outside your door? Welcome to 16 Medford Ct. in Shadow Lake Village. This move-in ready ground-floor home offers an open floor plan, spacious rooms and a bright heated sunroom leading to a private paver patio. The kitchen features granite countertops and stainless steel appliances, while the primary bedroom offers a large walk-in closet. Great storage plus a new water heater in 2025. Community amenities include: Private 9-hole golf, course, Pool, tennis, pickleball & bocce, Clubhouse, fitness center & library, Walking paths, Shadow Lake with fishing, kayaking, boathouse & lakeside deck. Close to shopping, restaurants, transportation and the Jersey Shore. Easy living, great amenities and a wonderful place to call home.

16 Medford Court, Red Bank

Listing courtesy of Keller Williams Realty West Monmouth. Contact:

$349,999

2 Beds ⋅ 1 Baths

Welcome to Shady Oaks! This well-maintained 2-bedroom, 1-bath upper-level condo offers comfortable, easy living in one of Red Bank's desirable adult communities. The second-floor location provides abundant natural light, while the peaceful setting backing to the woods offers a welcome sense of privacy.Inside, you'll find a bright and inviting layout, two nicely sized bedrooms, an updated full bath, and plenty of potential to make the space your own. Enjoy all that Shady Oaks has to offer, including a clubhouse, outdoor pool, tennis and pickleball courts, along with a convenient location close to downtown Red Bank's restaurants, shopping, entertainment and more. Whether you're looking to simplify, downsize or enjoy a low-maintenance lifestyle, 12 Snowburry Court is ready to welcome you home

12 Snowburry Court, Red Bank

Listing courtesy of NextHome Peninsula Realty Group. Contact:

$200,000

1 Beds ⋅ 1 Baths

Discover affordable living in the heart of Red Bank at Warwick Gardens, a 55+ co-op community close to shopping, transportation, restaurants, and downtown attractions. This one-bedroom, one-bath apartment features a brand-new kitchen and an updated bathroom. Charming brick buildings surround a landscaped courtyard with walking paths. The low monthly fee includes real estate taxes, heat, hot water, grounds maintenance, snow removal, trash removal, and an assigned parking space. Warwick Gardens is an owner-occupied, non-smoking community; pets and rentals are not permitted. This unit is located on the second floor. This sale is furnished or unfurnished.

22 Pinckney Road Unit D, Red Bank

Listing courtesy of Keller Williams Preferred Properties,Bayville. Contact:

$499,999

2 Beds ⋅ 1 Baths

Charming two-bedroom, one-bath cottage in the heart of downtown Red Bank, featuring an inviting rocking-chair front porch. This delightful home offers comfortable, easy living in an unbeatable location—just moments from Broad Street's renowned restaurants, boutique shopping and entertainment, as well as the scenic Navesink River. Enjoy the convenience of having the best of Red Bank right outside your door. A wonderful opportunity to experience one of Monmouth County's most sought-after downtown communities!

75 Mechanic Street, Red Bank

Listing courtesy of O'Brien Realty, LLC. Contact:

$439,000

2 Beds ⋅ 1 Baths

Full of character and potential, this charming blue bungalow is ready for its next chapter. Located on a quiet street, nearby to all that Red Bank has to offer, along with easy access to the Garden State Parkway, bus and rail transportation. This home presents a wonderful opportunity for homebuyers or investors looking to get into one of Monmouth County's most desirable towns.

45 E Westside Avenue, Red Bank

Listing courtesy of Heritage House Sotheby's International Realty. Contact:

$380,000

2 Beds ⋅ 1 Baths

2nd floor unit 2 bedroom 2 assigned parking spots HOA Dues cover Heat and Water This condo is a short walk to Broad St (Central Red Bank) Enjoy shopping, dining and cultural events! Walk-able to Train Station! Enjoy all these

157 Manor Drive, Red Bank

Listing courtesy of Robert DeFalco Realty Inc.. Contact:

$355,000

2 Beds ⋅ 2 Baths

Beautiful 2 bedroom, 2 full bath upper end unit overlooking woods and common field area. Large sunny living room overlooks wooded area for a peaceful feeling, dining area off kitchen with mirrored wall, galley kitchen affords all appliance, and separate laundry area, plenty of cabinets and storage. Large master bedroom overlooks wooded area, has w/i closet, and full bath , with shower stall , vanity/sink. Main bath has tub/shower, vanity. assigned parking spot is the first spot at end of walk way . Very convenient.. There is also a one car garage. Truly a well maintained community , with heated pool, tennis, and pickle ball courts, that's close to the GSP at exit 109. Also minutes to Red Bank, for shops, dining, and the Count Basie Theatre. Beaches at Asbury Park are approx. 25 mins

64 Arrowwood Court, Red Bank

Listing courtesy of Coldwell Banker Realty. Contact: 732-241-6722

$211,825

2 Beds ⋅ 2 Baths

This property is a deed restricted Affordable Housing unit. This property is not eligible for FHA, VA or USDA financing. Cash buyers are permitted. Must have at least 2 people living in this property, one person occupying each bedroom, per Affordable housing regulations. Spacious unit model with 2 BR and 2 BA. Buyer must qualify under Redbank's Low/Mod Program. Applications can be obtained by your agent of choice. $10,000.00 Grant through County's Affordable Housing 1st Time Buyer Program is available.

24 Cedar Crossing Unit 16, Red Bank

Listing courtesy of MLS Direct. Contact:

$250,335

3 Beds ⋅ 2 Baths

This property is a deed restricted Affordable Housing unit. This property is not eligible for FHA, VA or USDA financing. Cash buyers are permitted. Must have at least 3 people living in this property, one person occupying each bedroom, per Affordable housing regulations. Larger unit model with 3 BR and 2 BA. Buyer must qualify under Redbank's Low/Mod Program. Applications can be obtained by your agent of choice. $10,000.00 Grant through County's Affordable Housing 1st Time Buyer Program is available.

3 Cedar Crossing, Red Bank

Listing courtesy of MLS Direct. Contact:

$369,000

2 Beds ⋅ 1 Baths

Welcome to this charming and well-maintained 2-bedroom LOWER level condo, ideally situated in the highly desirable town of Red Bank. This unit features an in-unit washer and dryer, an assigned parking space, and an additional private storage unit for added convenience. Perfectly located for commuters, the property offers easy access to NYC transportation, shopping, dining, and the Jersey Shore. Enjoy an affordable opportunity to live in one of Monmouth County's most vibrant communities and experience all that Red Bank has to offer.

139 Manor Drive Unit 1305, Red Bank

Listing courtesy of Realty One Group Central. Contact: 908-770-5999

$425,000

2 Beds ⋅ 1 Baths

This is a coming soon and cannot be shown until August 16, 2026. Completely renovated and updated 2 bedroom, 1 bath unit on upper floor. Every single thing has been updated from the windows, to the doors, flooring, and appliances. Just move in and enter the Shadow Lake lifestyle with copious clubs, golfing, water access, gated community. Furniture package available for $3,000.00 The furniture was purchased new at time of renovation. Mattress cover always used. Unit is vacant.

76 Manchester Court, Red Bank

Listing courtesy of Real Broker, LLC- Red Bank. Contact:

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board logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Imperial Realty Properties are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: .
Source: New Jersey Multiple Listing Service, Inc.
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