Sold for $325,000

$325,000

132 South Street #1B, Red Bank, NJ 07701

2beds

900sqft

Condominium

Built in 1953

-- sqft lot

$328,800 Zestimate^®

$361/sqft

$2,542 Estimated rent

Home value

$328,800

$302,000 - $358,000

$2,542/mo

Zestimate^® history

Owner options

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$2,542/mo

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$2,542/mo

Rent Zestimate^®

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$2,629/mo

Est. payment

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$2,629/mo

Est. payment

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What's special

Fresh move-in ready feelStainless steel appliancesSleek countertopsFunctional layout

Welcome to this beautifully updated first-floor unit in sought-after Madison Commons--an ideal rent alternative or investment opportunity in the heart of Red Bank. Featuring a newer kitchen with modern cabinetry, sleek countertops, and stainless steel appliances, this home offers a fresh, move-in ready feel. Enjoy the ease of first-floor living with no stairs and a functional layout. Just a block from downtown Red Bank, you're steps to restaurants, shops, theaters, and the train. No rental restrictions--rent immediately from day one or enjoy the lifestyle yourself.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Other

Cooling

Multi Units

Features

Basement: Other

Interior area

Total structure area: 900
Total interior livable area: 900 sqft

Property

Parking

Parking features: Common

Features

Levels: Lower Level,One
Stories: 1
Entry location: Lower Level
Exterior features: Other

Lot

Size: 435.60 sqft

Details

Parcel number: 39001150000000150000C1503

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick

Condition

New construction: No
Year built: 1953

Utilities & green energy

Sewer: Public Sewer

Community & neighborhood

Location

Region: Red Bank
Subdivision: Madison Commons

HOA & financial

HOA

Has HOA: Yes
HOA fee: $473 monthly

Price history

Date	Event	Price
5/15/2026	Sold	$325,000+1.9%$361/sqft
Source: MoreMLS #22609490 Report a problem
4/16/2026	Pending sale	$319,000$354/sqft
Source: MoreMLS #22609490 Report a problem
4/9/2026	Listed for sale	$319,000+112.7%$354/sqft
Source: MoreMLS #22609490 Report a problem
11/11/2025	Listing removed	$2,300$3/sqft
Source: Zillow Rentals Report a problem
10/1/2025	Price change	$2,300-2.1%$3/sqft
Source: Zillow Rentals Report a problem
8/31/2025	Listed for rent	$2,350+4.4%$3/sqft
Source: Zillow Rentals Report a problem
6/13/2023	Listing removed	--
Source: Zillow Rentals Report a problem
6/1/2023	Listed for rent	$2,250+2.3%$3/sqft
Source: Zillow Rentals Report a problem
5/7/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
5/6/2022	Listed for rent	$2,200$2/sqft
Source: Zillow Rental Manager Report a problem
8/12/2014	Sold	$150,000+27.2%$167/sqft
Source: Public Record Report a problem
11/5/2001	Sold	$117,900$131/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,032 +32.9%	$319,300 +32.9%
2024	$4,539 +14.8%	$240,300 +16.1%
2023	$3,954 -3.1%	$206,900 +1.7%
2022	$4,082 +6.5%	$203,400 +18.7%
2021	$3,834 +17.3%	$171,400 +14.2%
2020	$3,268 +2.2%	$150,100 +1.6%
2019	$3,197	$147,800 +1.1%
2018	$3,197 +5.5%	$146,200 +0.8%
2017	$3,032 +5%	$145,100 +0.8%
2016	$2,887 +6.3%	$143,900 +1.3%
2015	$2,716 -10.7%	$142,000
2014	$3,041	$142,000