Red Bank Manor Condos Red Bank is a garden apt conversion community of 178 one and two bedroom apartment style condos.  Built in the 1940's and later converted to condominiums, tax records indicate that the one bedroom average 700 sq. ft, 2 brs 800 sq.  ft. Some of the larger townhouses go about 1,300 sq. ft. plus a basement. some units come with garages.