Sold for $945,000

$945,000

119-125 Wallace Street, Red Bank, NJ 07701

4beds

2,640sqft

Multi Family

Built in 1942

-- sqft lot

$1,249,800 Zestimate^®

$358/sqft

$3,464 Estimated rent

Home value

$1,249,800

$1.14M - $1.39M

$3,464/mo

Zestimate^® history

Owner options

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$3,464/mo

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$3,464/mo

Rent Zestimate^®

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$6,275/mo

Est. payment

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$6,275/mo

Est. payment

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What's special

Modern bathsSeven parking spotsThoughtfully renovated unitWell-proportioned roomsAbundant natural lightCharming backyard patio areaBrand-new roof

A rare investment opportunity with this distinguished four-family residence in the heart of Red Bank. Recently enhanced with a brand-new roof and thoughtfully renovated unit, this fully-occupied property blends original character with modern upgrades. Each of these one bedroom units come w/ well-proportioned rooms, modern baths & abundant natural light. Shared amenities include a charming backyard patio area, seven parking spots and a washer & dryer in the basement. The upside appeal also comes w/ a tremendous location - situated just blocks from a vibrant downtown Red Bank that includes premier dining, shopping, and a NJ Transit station.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Cooling

Other

Features

Flooring: Porcelain, Wood
Basement: Walk-Out Access,Other,Full

Interior area

Total structure area: 2,640
Total interior livable area: 2,640 sqft

Property

Parking

Parking features: Paved, None, Assigned

Lot

Size: 10,018 sqft
Dimensions: 100 x 103

Details

Parcel number: 0000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding

Condition

Year built: 1942

Utilities & green energy

Sewer: Public Sewer

Community & neighborhood

Location

Region: Red Bank
Subdivision: None

Price history

Date	Event	Price
8/8/2025	Sold	$945,000-5.5%$358/sqft
Source: MoreMLS #22509304 Report a problem
6/5/2025	Pending sale	$999,999$379/sqft
Source: MoreMLS #22509304 Report a problem
4/2/2025	Listed for sale	$999,999+6.7%$379/sqft
Source: MoreMLS #22509304 Report a problem
7/28/2023	Sold	$937,000+0.9%$355/sqft
Source: MoreMLS #22315058 Report a problem
6/20/2023	Pending sale	$929,000$352/sqft
Source: MoreMLS #22315058 Report a problem
6/19/2023	Listed for sale	$929,000$352/sqft
Source: MoreMLS #22315058 Report a problem
6/13/2023	Contingent	$929,000$352/sqft
Source: MoreMLS #22315058 Report a problem
6/8/2023	Listed for sale	$929,000+121.2%$352/sqft
Source: MoreMLS #22315058 Report a problem
4/10/2015	Sold	$420,000+59.8%$159/sqft
Source: Agent Provided Report a problem
6/12/2000	Sold	$262,900$100/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,600 -0.4%	$931,700 -0.4%
2024	$17,672 +54.5%	$935,500 +56.3%
2023	$11,437 0%	$598,500 +5%
2022	$11,442 +6.5%	$570,100 +18.7%
2021	$10,747 +6.3%	$480,400 +3.8%
2020	$10,113 +2.6%	$462,900 +1.2%
2019	$9,861	$457,400 +1.4%
2018	$9,861 +5.1%	$450,900 +0.3%
2017	$9,385 -4.9%	$449,700 +1%
2016	$9,870 +6.3%	$445,400 -8.3%
2015	$9,288 +5.7%	$485,500
2014	$8,788 +3%	$485,500
2013	$8,530	$485,500