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Sold for $980,000
  • $980,000

    64 Wallace Street, Red Bank, NJ 07701

    3beds
    2,652sqft
    Multi Family
    Built in 1907
    -- sqft lot
    $1,144,500 Zestimate®
    $370/sqft
    $3,766 Estimated rent

    Home value

    $1,144,500

    $1.05M - $1.25M

    $3,766/mo

    Zestimate® history
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    $6,523/mo

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    What's special

    Cozy gas fireplaceHigh ceilingsPorch spaceBeamed ceilingsFrench doorsWell-appointed one-bedroom unitHardwood floors
    Welcome to your ideal investment opportunity in the heart of Red Bank! This spacious three-family property boasts an unbeatable location, offering both convenience and charm. The highlight of this property is the well-appointed one-bedroom unit on the second level, which has been thoughtfully converted from two bedrooms to maximize space and comfort. Inside, you'll find a warm and inviting atmosphere complemented by beamed ceilings, granite counters, and a cozy gas fireplace. French doors lead out to a private rooftop deck, perfect for enjoying the sunshine and taking in the views. On the ground level, you'll discover two separate one-bedroom units, each featuring hardwood floors and high ceilings. Unit 1 also offers a porch space and in unit washer/dryer. The oversized garage provides ample space for parking and storage, with individual lockers for each tenant to keep belongings secure. Investment-wise, this property offers a lucrative opportunity with all units separately metered and tenants responsible for their own utilities. Whether you're looking to live in one unit while collecting rental income from the others or seeking a pure investment venture, this property is primed for success. Location is key, and this property doesn't disappoint. Situated just blocks away from Red Bank's vibrant restaurants, parks, and entertainment options, residents will enjoy easy access to everything this lively community has to offer. Don't miss out on this chance to own a piece of Red Bank's thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional property!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph York 848.207.1495,

    Weichert Realtors-Spring Lake

    Bought with:

    Dorothy A Whitehouse, 9588428

    Sourlis Intl Realty Corp

    Source: MoreMLS,MLS#: 22415332MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Partial
    Interior area
    • Total structure area: 2,652
    • Total interior livable area: 2,652 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    • Dimensions: 40 x 120
    Details
    • Parcel number: 3900048000000015

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1907

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Red Bank
    • Subdivision: None

    Price history

    DateEventPrice
    12/13/2024Sold$980,000-6.6%$370/sqft
    Source: MoreMLS #22415332 Report a problem
    11/1/2024Pending sale$1,049,000$396/sqft
    Source: MoreMLS #22415332 Report a problem
    9/16/2024Price change$1,049,000-4.2%$396/sqft
    Source: MoreMLS #22415332 Report a problem
    8/28/2024Price change$1,095,000-4.7%$413/sqft
    Source: MoreMLS #22415332 Report a problem
    7/19/2024Price change$1,149,000-8.1%$433/sqft
    Source: MoreMLS #22415332 Report a problem
    5/31/2024Listed for sale$1,250,000+38.9%$471/sqft
    Source: MoreMLS #22415332 Report a problem
    9/29/2021Sold$900,000$339/sqft
    Source: Public Record Report a problem
    4/30/2021Sold$900,000-2.7%$339/sqft
    Source: MoreMLS #22101920 Report a problem
    2/24/2021Pending sale$925,000$349/sqft
    Source: MoreMLS #22101920 Report a problem
    1/22/2021Listed for sale$925,000+164.3%$349/sqft
    Source: MoreMLS #22101920 Report a problem
    1/20/2009Sold$350,000+188.1%$132/sqft
    Source: Public Record Report a problem
    2/15/1996Sold$121,500$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,151 -4.1%$960,900 -4.1%
    2024$18,928 +6.1%$1,002,000 +7.3%
    2023$17,839 +1.5%$933,500 +6.6%
    2022$17,575 +40.7%$875,700 +56.8%
    2021$12,491 +8.7%$558,400 +5.5%
    2020$11,495 +3.3%$529,100 +1.8%
    2019$11,132 $519,900 +2.1%
    2018$11,132 +12.5%$509,000 +6.7%
    2017$9,899 -1.5%$477,100 +1.6%
    2016$10,047 +6.3%$469,800 -4.9%
    2015$9,454 +5.7%$494,200
    2014$8,945 +3%$494,200
    2013$8,683 +2.6%$494,200
    2012$8,461 +2%$494,200
    2011$8,298 +24.3%$494,200 +19.5%
    2010$6,673 +1.2%$413,700
    2009$6,594 $413,700
    2008-- $413,700
    2007-- $413,700 +104%
    2006-- $202,800
    2005-- $202,800
    2003-- $202,800
    2002-- $202,800
    2001-- $202,800

    Find assessor info on the county website

    Neighborhood: 07701

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,144,500
    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
    $1,144,500