$10,000 Closing Credit¹
#22512825, Timothy Geltzeiler, Listing office: Boutique 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: 6/5/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$999,999
119-125 Wallace St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. Most families are single, no kids. Most residents in this area 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
Frequently asked questions
About 119-125 Wallace St
The listing price of 119-125 Wallace St property is $999,999.
The property 119-125 Wallace St is a multi located in Red Bank, New Jersey, 07701.
Active Listing: 119-125 Wallace St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 119-125 Wallace St are: Red Bank Primary School (GreatSchools Rating 4/10), River Plaza Elementary School (GreatSchools Rating 4/10), Fairview Elementary School (GreatSchools Rating 8/10), Red Bank Middle School (GreatSchools Rating 4/10), Red Bank Charter School (GreatSchools Rating 3/10), Knollwood School (GreatSchools Rating 9/10), Red Bank Regional High School (GreatSchools Rating 5/10), Middletown High School South (GreatSchools Rating 7/10), Monmouth Regional High School (GreatSchools Rating 4/10).
The property 119-125 Wallace St is 2,640 SqFt (source: MLS/tax record).
The year of construction for 119-125 Wallace St is 1942.
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.
In May 2025, from all listings sold in Red Bank, NJ there were more than 16 sold above asking price, over 5 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Red Bank, NJ between April and May 2025 increased by 2.6%. Listings spent 20 days on the market in May 2025, and had a median list price of $610,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.