6 days on Rocket
$10,000 Closing Credit¹
#22513119, Scott T Gilbert, Listing Office: O'Brien Realty, LLC
$999,999 List price
119-125 Wallace St Red Bank, NJ 07701
$10,000
Closing credit¹
2,640 sqft
0.2 acres
$379 / sqft
Multi-Family
Property details
About 119-125 Wallace St
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.
Highlights
Home typeMulti Family
StatusActive
CoolingOther
Size2,640 sqft
BasementYes
Lot size0.23 Acres
Year built1942
ParkingPaved, None, Assigned
MLS #22509304
Summary
- Basement: Yes
- Flooring Type: Wood
- Attached Garage: No
- Parking: Paved, None, Assigned
- Cooling: Other
- List Price: $999,999
- Price/SqFt: $378
- Year Built: 1942
- Living Area: 2,640 SqFt
- Lot Size: 0.23 Acres
- MLS Number: 22509304
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: The Selita Agency
- Listing Agent: Edi Selita
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 12:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$999,999
119-125 Wallace St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Red Bank Primary School
Public District PK-3
1.1 mi
•222 River St
4
River Plaza Elementary School
Public District KG-5
1.3 mi
•155 Hubbard Ave
8
Fairview Elementary School
Public District PK-5
1.9 mi
•230 Cooper Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,987. The majority of Red Bank, NJ residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
18%
<35k
54%
35k-100k
24%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
60%
Single, No Kids
7%
Single, with Kids
18%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
4%
12-17 yrs old
33%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Continuing Education Courses
Yoga/pilates
Where do the neighbors shop?
Chico's
Express/Express For Men
H&M
Where do the neighbors go to eat?
Boston Market
Qdoba
Dominos Pizza
What do the neighbors drive?
Volvo
Volkswagen
Audi
What do the neighbors listen to?
Talk/Personality
Urban Contemporary
Alternative
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 119-125 Wallace St in Red Bank, NJ and zip code 07701. This 2,640 square foot home, which was built in 1942, sits on a 0.23 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $999,999.
While more than 17 listings in Red Bank, NJ in April 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below. In April 2025 in Red Bank, NJ there were 13.8% more homes for sale than in March. In April 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $611,500.
From Rocket Homes Real Estate and based on county public records data.