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$945,000
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Property Description
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.
Full Property Details
Full Property Details for 119-125 Wallace St
General
- Sold For: $945,000
- Taxes: $17,671 (2025)
- Status: Closed
- Type: Multi-Family
- Source: Monmouth
- MLS ID: 22509304
- Added to Site: 291 day(s) ago
Interior
- Flooring: Porcelain, Wood
Parking
- Parking Features: Paved, None, Assigned
- Garage Description: None
Location
- Area: Red Bank (RED)
- Municipality: Red Bank (RED)
- County: Monmouth
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Roof: Shingle
- Square Feet: 2,640
- Year Built: 1942
Unit Information
Unit 1
- Bedrooms: 1
- Bedroom 1: Level 1
Unit 2
- Bedrooms: 1
- Bedroom 1: Level 1
Unit 3
- Bedrooms: 1
- Bedroom 1: Level 2
Unit 4
- Bedrooms: 1
- Bedroom 1: Level 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Lot Dimensions: 100 x 103
Financial Considerations
- Price Per Sq. Ft.: $378.79
- Tax Amount: $17,671.6
- Tax Year: 2025
Disclosures and Reports
- Section: None
Listed and Sold by The Selita Agency, Edi Selita
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Schools
Schools serving 119-125 Wallace St
School Districts:Red Bank Borough School District, Red Bank Regional School District
| Name | Grades | Distance |
|---|---|---|
Red Bank Middle School 101 Harding Road, Red Bank, NJ 07701 | 4-8 | 0.3 mi |
Red Bank Primary School 222 River Street, Red Bank, NJ 07701 | PK-3 | 1.3 mi |
Red Bank Reg High School 101 Ridge Road, Little Silver, NJ 07739 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 119-125 Wallace St
Date
Details
Price
Change
Source
8/08/2025
Sold
$945,000
-5.5%
MLS
4/02/2025
Listed
$999,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
119-125 Wallace Street, Red Bank, NJ 07701 (MLS# 22509304) is a Multi-Family property that was sold at $945,000 on August 08, 2025. Want to learn more about 119-125 Wallace Street? Do you have questions about finding other Multi-Family real estate for sale in Red Bank? You can browse all Red Bank real estate or contact a Coldwell Banker agent to request more information.

