Skip to content

A town square for an unsquare town

redbankgreen

Standing for the vitality of Red Bank, its community, and the fun we have together.

JON STEWART GOES FOR TWO ON NAVESINK

stewart_1024Jon Stewart’s riverfront houses on Alston Court, left, and Fisher Place, right, represent a combined $7 million investment in Red Bank, not counting major renovations now underway on one house. (Click to enlarge)

jon-stewart-coverJon Stewart has doubled down on Red Bank.

The host of Comedy Central’s ‘The Daily Show,” who quietly paid $3.8 million for a riverfront home on Alston Court late last year, has supplemented that buy with the equally hush-hush purchase of the adjoining property one lot to the west, on Fisher Place, redbankgreen has learned.

Property records show Stewart, through an entity called Red Bank River Trust, paid $3.2 million in June for the second property, the former home of Kerri and Pat McGeehan. P.J. Rotchford, manager of the Gloria Nilson Realtors office in Rumson, which was involved in the transaction, confirmed that the trust is Stewart’s.

The Alston Court purchase was through an entity called Shamsky Monkey Trust, though which Stewart also bought a Tribeca loft for $5.8 million in 2005.

Together, the properties represent a $7 million investment in the borough. And that’s not counting the extensive overhaul Stewart and his wife, Tracey, are giving the century-old Alston Court Victorian.

So, what does Stewart plan to do with two riverfront mansions? Stewart did not respond to a request for comment. But Rotchford says the comedian was captivated by the Fisher Place home’s move-in condition.

“He was planning major renovations on Alston Court, and he wanted a place for his family for the summer, and so he went and purchased the house next door,” Rotchford said. “I guess when you have the means to do it, it’s nice.”

And when the gut-job on the Victorian is done? “My guess is he’ll hold onto” the Fisher Place house, Rotchford says.

The deals appear to have some riverfront property owners in Red Bank salivating, but a pair of easy-money, $3-million-plus sales shouldn’t be taken as a true indication of market value, Rotchford cautions.

Stewart “can pay whatever he needs to pay to get what he wants,” Rotchford said. “He didn’t care.”

The March sale of retired Merrill Lynch exec Larry Roberts’s Vista Place home for $2.6 million is more in line with the top of the market, he said.

The Alston Court house is assessed at $2.58 million, and the Fisher Place house at $2.48 million.

Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
Partyline
CREATIVE COVER UP
The windows of Pearl Street Consignment on Monmouth Street were smashed when a driver crashed their car through them injuring an employee la ...
THEY’RE BACK!
Ospreys returned to the skies over Red Bank this week for the first time since they migrated to warmer climes in late fall. With temperature ...
SPRING IS SPRUNG
RED BANK: Spring 2024 arrives on the Greater Red Bank Green with the vernal equinox at 11:06 p.m. Tuesday.
RED BANK’S FINEST – AND NEWEST
Red Bank Police Officer Eliot Ramos was sworn in as the force’s newest patrolman Thursday, and if you’re doing a double take thinkin ...
EASTER EGG MAYHEM AT THE PARK
An errant whistle spurred an unexpectedly early start to the Spring Egg Hunt on Sunday, which had been scheduled to begin at eggsactly 11am ...
PRESEASON DOCKWORK
RED BANK: With winter winding down, marina gets ready for boating season with some dockwork on our beautiful Navesink River.
CORNED BEEF AND DISCO FRIES?
It’s Friday, and smart Lent-observing Leprechauns know the pot of gold at the end of Red Bank’s rainbow is actually the deliciou ...
SURFBOARD DITCHED
It’s a violation of etiquette in surfing to ditch your board.  (it could hit another surfer and hurt them). But someone appears to ha ...
ELSIE, TAKE ME WITH YOU!
Soaked by pouring rain with the temperature hovering in the low 40’s, this sign in the window of Elsie’s Subs on Monmouth Street ...
WALK THIS WAY
PARTYLINE: Before-and-afters of a sidewalk cleanup on West Street.
SOGGY NOTION
RED BANK: Breezeway sculpture captured the mood downtown as heavy rains fell Saturday morning.
HOME DELIVERY
RED BANK: After a subdivision, an instant house rises on a new Catherine Street lot.
COMMUNITY PROFILES
For Black History Month, Red Bank's Community Engagement and Equity Advisory Committee has been running a series of local profiles on Facebo ...
HEARTY FAREWELL FOR HARDY
RED BANK: Council to honor DPU supervisor Rich Hardy, who retired recently after almost 39 years of keeping things running.
HOMEBOUND? READ ON…
RED BANK: Can't get to the public library? It's now offering free delivery and pickups for homebound borough residents.
TAMING A BEAST OF A WEEK
RED BANK: After the second snowfall of the week, a borough family finds the perfect use for it – a Godzilla snow sculpture.
RED BANK: LIBRARY CLOSED, BUT THE HILL’S OPEN
RED BANK: Though the library was closed by a snowstorm, kids got to enjoy the riverfront property's steep slope Tuesday.
LIGHT(HOUSE) MAKEOVER
This year, getting ready for spring means a midwinter makeover for Strollo's Lighthouse in Red Bank.
TODAY: LOCAL PUPPY COMPETES ON ANIMAL PLANET’S “PUPPY BOWL”
Red Bank’s very own rescue puppy, Biscuit, is set to compete in Animal Planet’s Puppy Bowl this Sunday, February 11, at 2 PM. Th ...
WHAT? NO redbankgreen NEWSLETTER?
Apologies to redbankgreen newsletter subscribers: the daily email hasn’t gone out for two days because of technical issues.