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Sold for $325,000
    • $325,000

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

    2beds
    900sqft
    Condominium
    Built in 1953
    -- sqft lot
    $332,300 Zestimate®
    $361/sqft
    $2,749 Estimated rent

    Home value

    $332,300

    $306,000 - $362,000

    $2,749/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Katherine Raftery 732-273-0048,

    NextHome Peninsula Realty Group

    Bought with:

    Catherine Sheehan McHugh, 1971340

    O'Brien Realty, LLC

    Source: MoreMLS,MLS#: 22609490MLS Logo

    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 Square Feet
    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 & HOA

    Community
    • Subdivision: Madison Commons
    HOA
    • Has HOA: Yes
    • HOA fee: $473 monthly
    Location
    • Region: Red Bank

    Financial & listing details

    • Price per square foot: $361/sqft
    • Tax assessed value: $319,300
    • Annual tax amount: $5,818
    • Date on market: 4/9/2026
    • Exclusions: Personal Property

    Price history

    DateEventPrice
    9/6/2026Listing removed$2,200$2/sqft
    Source: Zillow Rentals Report a problem
    9/2/2026Listed for rent$2,200-4.3%$2/sqft
    Source: Zillow Rentals Report a problem
    5/15/2026Sold$325,000+1.9%$361/sqft
    Source: MoreMLS #22609490 Report a problem
    4/16/2026Pending sale$319,000$354/sqft
    Source: MoreMLS #22609490 Report a problem
    4/9/2026Listed for sale$319,000+112.7%$354/sqft
    Source: MoreMLS #22609490 Report a problem
    11/11/2025Listing removed$2,300$3/sqft
    Source: Zillow Rentals Report a problem
    10/1/2025Price change$2,300-2.1%$3/sqft
    Source: Zillow Rentals Report a problem
    8/31/2025Listed for rent$2,350+4.4%$3/sqft
    Source: Zillow Rentals Report a problem
    6/13/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/1/2023Listed for rent$2,250+2.3%$3/sqft
    Source: Zillow Rentals Report a problem
    5/7/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/6/2022Listed for rent$2,200$2/sqft
    Source: Zillow Rental Manager Report a problem
    8/12/2014Sold$150,000+27.2%$167/sqft
    Source: Public Record Report a problem
    11/5/2001Sold$117,900$131/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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
    Find assessor info on the county website

    Neighborhood: 07701

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    Estimated market value
    $332,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $332,300

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