Experience sophisticated urban living in the heart of vibrant Red Bank at The Metropolitan. This beautifully appointed 2-bedroom, 2.5-bath luxury condominium offers an exceptional blend of elegance, comfort, & convenience. Designed with an open-concept floor plan, the residence features soaring 9-foot ceilings, rich hardwood floors, & abundant natural light throughout. The oversized gourmet kitchen is the heart of the home, showcasing an expansive center island, generous cabinetry, & seamless flow into the spacious living & dining areas. The luxurious primary suite serves as a private retreat, complete with a walk-in closet & a newly renovated spa-inspired bath featuring a double vanity, whirlpool soaking tub, & separate glass-enclosed shower. The private balcony, off the primary suite & the living room--offer the perfect setting to enjoy morning coffee or unwind in the evening. Perfectly situated just steps from Red Bank's acclaimed restaurants, boutique shopping, theaters, galleries, & picturesque parks, this exceptional residence also offers easy access to NYC ferry, train, and bus transportation, making it an ideal full-time home or sophisticated weekend retreat.
For sale
$975,000
23 Wallace Street #406, Red Bank, NJ 07701
2beds
1,818sqft
Condominium
Built in 2009
-- sqft lot
$970,100 Zestimate®
$536/sqft
$1,019/mo HOA
What's special
Double vanityPrivate retreatAbundant natural light throughoutNewly renovated spa-inspired bathRich hardwood floorsWhirlpool soaking tubWalk-in closet
- 43 days
- 1,067
- 24
Zillow last checked:
Listing updated:
Listed by:
Kathryn L Bateman 732-403-9200,
O'Brien Realty, LLC
Source: MoreMLS,MLS#: 22623205
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bathroom
- Description: Powder Room
Bathroom
- Description: Guest Full Bathroom
Dining room
- Description: Open Concept
Kitchen
- Description: Eat-In-Kitchen
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Ceilings - 9Ft+ 1st Flr
- Number of fireplaces: 1
Interior area
- Total structure area: 1,818
- Total interior livable area: 1,818 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Street, Underground
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
Details
- Parcel number: 39000290000000240000C0406
- Zoning description: Residential
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick
- Foundation: Slab
- Roof: Flat
Condition
- Year built: 2009
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Security: Security System
- Subdivision: The Metropolitan
HOA
- Has HOA: Yes
- Services included: Trash, Common Area, Snow Removal
- HOA fee: $1,019 monthly
Location
- Region: Red Bank
Financial & listing details
- Price per square foot: $536/sqft
- Tax assessed value: $802,700
- Annual tax amount: $14,562
- Date on market: 7/31/2026
- Inclusions: Washer, Timer Thermostat, Dishwasher, Dryer, Stove, Refrigerator, Gas Cooking
Estimated market value
$970,100
$922,000 - $1.02M
$5,151/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $975,000+92.7%$536/sqft |
Source: | ||
| 10/22/2015 | Sold | $506,000-3.6%$278/sqft |
Source: | ||
| 6/5/2015 | Price change | $524,900-7.8%$289/sqft |
Source: O'Brien Realty, LLC #21513931 Report a problem | ||
| 4/15/2015 | Listed for sale | $569,000$313/sqft |
Source: O'Brien Realty, LLC #21513931 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,402 +7.4% | $762,400 +7.4% |
| 2024 | $13,412 -4.4% | $710,000 -3.3% |
| 2023 | $14,027 +13.5% | $734,000 +19.3% |
| 2022 | $12,353 -2.1% | $615,500 +9.2% |
| 2021 | $12,612 +8.9% | $563,800 +0.6% |
| 2020 | $11,586 +4.3% | $560,400 +6.9% |
| 2019 | $11,103 | $524,000 +3.2% |
| 2018 | $11,103 -0.6% | $507,700 -0.2% |
| 2017 | $11,167 +2.1% | $508,900 +0.9% |
| 2016 | $10,937 +6.3% | $504,600 -1% |
| 2015 | $10,285 +5.5% | $509,900 |
| 2014 | $9,749 +5.5% | $509,900 |
| 2012 | $9,239 +1.9% | $509,900 |
| 2011 | $9,066 -15.6% | $509,900 |
| 2010 | $10,738 | $509,900 +123.4% |
| 2009 | -- | $228,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 07701
Nearby schools
Schools provided by the listing agent
- Elementary: River Plaza
- Middle: Red Bank
- High: Red Bank Reg
Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.









