Delving into the Enchanting Abode at 114 Tower Hill Drive, Red Bank, NJ 07701

Nestled amidst the serene vistas of Red Bank, New Jersey, at 114 Tower Hill Drive, lies an architectural masterpiece that exudes both timeless elegance and modern sophistication. This exquisite residence beckons discerning homebuyers and investors alike, offering an unparalleled living experience that seamlessly blends luxury and convenience.

Property Overview

Spanning an expansive 7,200 square feet, this five-bedroom, seven-bathroom abode showcases a meticulously designed floor plan that maximizes both space and functionality. From the moment you step through the grand entryway, you are greeted by soaring ceilings, an abundance of natural light, and opulent finishes that set the tone for the luxurious living that awaits throughout.

Intricate Architectural Details

The craftsmanship of 114 Tower Hill Drive is evident in every detail. Intricate moldings, elegant archways, and custom millwork adorn the walls, while gleaming hardwood floors and exquisite tilework create a symphony of textures underfoot. An abundance of oversized windows frames breathtaking views of the surrounding landscape, inviting the outdoors in and creating a harmonious connection between the interior and exterior spaces.

Luxurious Living Spaces

The main level of this stunning home offers a wealth of living and entertaining spaces. The formal living room, with its grand fireplace and soaring ceilings, provides an ideal setting for hosting guests or simply indulging in quiet moments of relaxation. Adjacent to the living room, the formal dining room can accommodate large gatherings with ease, creating an atmosphere of elegance and sophistication.

Culinary Excellence

The kitchen at 114 Tower Hill Drive is a culinary masterpiece in its own right. Equipped with state-of-the-art appliances, sleek quartz countertops, and a sprawling center island, this gourmet kitchen is a haven for both home cooks and culinary enthusiasts. An adjoining butler's pantry and breakfast nook provide additional prep and dining space, maximizing convenience and functionality.

Private Sanctuary

The upper level of this magnificent residence is dedicated to private living quarters. The primary suite is a sanctuary of tranquility, featuring a king-size bed, a cozy sitting area, a dressing room with ample storage, and a spa-like bathroom complete with a soaking tub and separate glass shower. Four additional bedrooms, each with its own en-suite bathroom, offer ample space for family, guests, or home offices.

Outdoor Oasis

The outdoor living spaces at 114 Tower Hill Drive are just as impressive as the interior. The expansive backyard, professionally landscaped and meticulously maintained, offers an array of recreational and leisure amenities. A sparkling pool, a built-in grill, and a covered patio create an idyllic setting for entertaining, relaxation, and soaking up the natural beauty that surrounds this property.

Prime Location

Situated in the heart of Red Bank, 114 Tower Hill Drive enjoys an enviable location that combines convenience and exclusivity. This highly sought-after neighborhood is known for its upscale amenities, top-rated schools, and vibrant cultural scene. From the world-class shopping and dining at The Galleria at Red Bank to the scenic trails and historic sites along the Navesink River, there is something for everyone to enjoy within easy reach of this exceptional home.

Exceptional Investment Opportunity

For discerning investors, 114 Tower Hill Drive presents a rare and lucrative investment opportunity. The property's prime location, exceptional amenities, and potential for rental income make it an attractive addition to any investment portfolio. The Red Bank rental market is thriving, with high demand for luxury properties in this coveted neighborhood.

Insightful Market Data

• According to the National Association of Realtors (NAR), the median home price in Red Bank is $745,000, highlighting the exclusive nature of this neighborhood.
• The Red Bank rental market is robust, with an average monthly rent of $2,800 for single-family homes, as reported by Zillow.
• Home values in Red Bank have appreciated by 5.2% over the past year, indicating a strong and stable market.

Tips and Tricks for Homebuyers

• Secure pre-approval: Before embarking on your home search, obtain pre-approval for a mortgage to determine your borrowing capacity and make your offer more competitive.
• Hire a reputable agent: Partner with a knowledgeable and experienced real estate agent who can guide you through the complexities of the homebuying process and represent your interests.
• Negotiate strategically: Be prepared to negotiate on the purchase price, closing costs, and other terms of the sale to secure the best possible deal.
• Inspect thoroughly: Before finalizing the purchase, schedule a thorough home inspection to identify any potential issues or areas that may require attention.

Frequently Asked Questions

Q: How much is the property tax for 114 Tower Hill Drive?
A: The current annual property tax for 114 Tower Hill Drive is $24,500.

Q: Is the house located in a flood zone?
A: No, 114 Tower Hill Drive is not located in a flood zone.

Q: Are there any HOA fees associated with the property?
A: Yes, there is an annual HOA fee of $5,000 for 114 Tower Hill Drive.

Q: How close is the property to the beach?
A: 114 Tower Hill Drive is approximately 10 miles from the closest beach.

Q: Is the property pet-friendly?
A: Yes, pets are allowed at 114 Tower Hill Drive.

Q: Can the property be rented out?
A: Yes, the property can be rented out, either long-term or short-term.

Call to Action

If you seek an unparalleled living experience in the heart of Red Bank, look no further than 114 Tower Hill Drive. This exceptional property offers a rare opportunity to own a piece of architectural excellence and immerse yourself in the luxury and convenience that defines this coveted neighborhood. Contact our office today to schedule a private viewing and discover the true essence of this magnificent abode.