Riverview Towers, Red Bank New Jersey: Welcome to Cooperative Living!
By andrew on November 19th, 2010Located on the Navesink River and close proximity to all points Red Bank, Riverview Towers offers high-rise living on the water. 
I parked my car in a guest spot in the underground garage (owners can rent a reserved spot for $55/month).
Are there swankier entrances to a high-rise? Sure. Friendlier? Perhaps not.
Riverview Towers is cozy, especially when greeted by a lovely woman immediately behind the double glass doors.
To my left I encountered an old-fashioned lobby that felt like my grand aunt’s sitting room. Formal yet relaxed and flooded with light from Riverside Avenue even on a cloudy November day.
I walked a long corridor of mirror and glass chandeliers to the elevator like I was transported onto the Titantic. Of course, on happier days.
I kept squeezing my ear lobe — a trick I learned in a sleep study during college — to test my consciousness. Was I still in Red Bank? Was I still in Jersey?
Riverview reminded me of Battery Park in Manhattan.
You can rent, purchase or sell a co-op unit in Riverview Towers. Sellers do receive a handsome premium for a water view (worth the prince’s ransom) while the street view isn’t so distracting to warrant concern.
Buyers are subject to Board approval and a credit check. Remember this is cooperative living, not fee simple. A proprietary lease and share ownership characterize the ownership type.
Erected in 1969, Riverview Towers comprises one hundred and fifty one (151) units, thirteen
units per floor. It is a twelve story high-rise. Current prices range from $182,000 for a one bedroom and $675,000 for a two bedroom.
The Coldwell Banker Middletown Office enjoys a recognized commitment to landlords, tenants, buyers and sellers in Riverview Towers.
Our Sales Associate, Linda Metta, has represented 10 landlords/tenants of the last 20 rental transactions (what Realtors call ‘sides’) for a 50% market share. Linda also represents four of the eleven units for sale for a 35% market share.
If you’re interested in cooperative living at Riverview Towers of Red Bank, kindly call Linda Metta of Coldwell Banker Residential Brokerage at (732) 
671-1000.
Mention my blog www.GardenState360.com.
Andrew J. Lenza, ABR GRI MBA
Branch Vice President and Broker Sales Associate
Hello Andrew Lenza!
Thank you for such a wonderful overview of the building in whicn I own two apartments. Linda Metta is my realtor assisting me in selling one of them, 5G, a two bedroom two bath. I have priced it extremely attractively in hopes that someone will see the value and snap it up.
Have you considered reaching out to the Manhattan market. These are the people that really understand co-op living. I mentioned to Linda that I know of a two bedroom two bath on the upper east side and the maintenance is $2.035 which almost $1,000 more that the maintenance for a two bed/two bath in RV. At RV the apartments are more spacious and we are on the Navesink!
There are many Manhattanites that would jump at this if they only knew!
Hope you take this into consideration and let the Caldwell Banker affiliates in Manhattan know what a gem RV is and a 5 minute walk to the NJT to Manhattan. With all the amenities that RV and Red Bank have to offer it would be a sure sell to some Manhattan buyers.
Regards,
Rosa Lombardo 5G