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$325,000
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Property Description
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.
Full Property Details
Full Property Details for 132 South St #1B
General
- Sold For: $325,000
- HOA FEE: $473/month
- Taxes: $5,818 (2025)
- Status: Closed
- Type: Condo
- Source: Monmouth
- MLS ID: 22609490
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Other
Parking
- Parking Features: Common
Location
- Area: Red Bank (RED)
- Municipality: Red Bank (RED)
- County: Monmouth
Community
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Multi Units
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water/Sewer: Public Sewer
Structural Information
- Architectural Style: Lower Level, One-Level Unit
- Exterior Const.: Brick
- Roof: Shingle
- Square Feet: 900
- Living Area: 900 Sq. Ft.
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 435.6
Financial Considerations
- Price Per Sq. Ft.: $354.44
- Association Fee: $473
- Assoc Fee Freq.: Monthly
- Assessment Amount: $319,300
- Tax Amount: $5,818
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Personal Property
- Property ID: 39-00115-0000-00015-0000-C1503
- Section: None
Listed by NextHome Peninsula Realty Group, Katherine Raftery
Sold by O'Brien Realty, LLC, Catherine Sheehan McHugh
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Schools
Schools serving 132 South St #1B
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 | 0.4 mi |
Red Bank Primary School 222 River Street, Red Bank, NJ 07701 | PK-3 | 1.1 mi |
Red Bank Reg High School 101 Ridge Road, Little Silver, NJ 07739 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 132 South St #1B
Date
Details
Price
Change
Source
5/15/2026
Sold
$325,000
1.88%
MLS
4/08/2026
Listed
$319,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
132 South Street #1B, Red Bank, NJ 07701 (MLS# 22609490) is a Condo property that was sold at $325,000 on May 15, 2026. Want to learn more about 132 South Street #1B? Do you have questions about finding other Condo 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.

