NOT LISTED FOR SALE

132 South St Unit 4A Red Bank, NJ 07701

Estimated Value: $264,000 - $338,000

1 Bed
1 Bath
548 Sq Ft
$367/mo HOA Fee

Last Sold April 23, 2024

Last sale price $325,000 $593 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,345/month

14 Days on Market

Highlights

  • Fitness Center
  • New Kitchen
  • End Unit
  • Red Bank Reg High School Rated A
  • Wood Flooring
  • Quartz Countertops

About This Home

As of April 2024

Rare Find...Perfectly updated END UNIT in fantastic Red Bank location- INCLUDES an exclusive detached garage! Sleek modern Kitchen w/ stainless appliances, breakfast bar & tons of natural light throughout. Ideal open flow between Kitchen & Living is perfect for entertaining. This bright & sparkly home w/ hardwood floors is the ultimate in convenience. Enjoy a vacation lifestyle w/ amazing beaches, shopping & dining only minutes away. Swim/surf at the best beaches on the Jersey Shore, then grab dinner & watch a concert w/ friends. Wonderful opportunity for 1st time buyers, investors, or those downsizing. Garage for added storage is a UNIQUE bonus. Easy commute to NYC via train or ferry. THIS IS THE ONE YOU WERE WAITING FOR IN MADISON COMMONS! *All SF is approx. Madison Commons HOA Fee includes heat & hot water/ gas, sewer, maintenance & trash. Convenient with spacious GARAGE for personal use or rented for added revenue! Laundry on site. This is a very special condo and end location! Enjoy as a vacation getaway at the Shore!

Last Agent to Sell the Property

Lori Saybolt

Heritage House Sotheby's International Realty License #0902212 Listed on: 01/23/2024

Heritage House Sotheby's International Realty

Last Buyer's Agent

Beth Sarre

Salt and Cedar Properties, LLC License #0015417

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1953

Lot Details

  • End Unit
  • Landscaped with Trees

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 548 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • Window Treatments
  • Living Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Home Security

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Exterior Lighting
  • Lower Level

Listing and Financial Details

  • Exclusions: Personal items
  • Assessor Parcel Number 39-00115-0000-00015-09

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, heat, lawn maintenance, mgmt fees, snow removal, water
  • Madison Commons Subdivision, First Floor Unit Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,983

Year Built

Built in 1953

Lot Details

0

HOA Fees

$367 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: First Floor Unit
  • ResoLotFeatures: Treed Lots
  • Reso Association Amenities: Professional Management, Extra Storage, Common Laundry, Association, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Heat, Lawn Maintenance, Mgmt Fees, Snow Removal, Water
  • Inclusions: Outdoor Lighting, AC Units, Window Treatments, Ceiling Fan(s), Dishwasher, Light Fixtures, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Madison Commons
  • Architectural Style: Lower Level, End Unit, Detached, Condo
  • Reso Interior Features: Dec Molding, Breakfast Bar
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1953
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • Common Elements Common Area: Yes
  • Common Elements Extra Storage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Treed Lots: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Common Elements Landscaping: Yes
  • Foyer Floor - Wood: Yes
  • SidingBrick: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Cooling Multi Units: Yes
  • Style End Unit: Yes
  • Common Elements Common Laundry: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Unfinished, Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Unfinished: Yes
  • BasementOther: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal items
  • Construction Type: Brick
  • Exterior Features: Storm Window, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Open, On Street, Oversized
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Open: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 367.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 39-00115-0000-00015-09
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3983.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Apr 30, 2024
Sold by
Eagleson Jason T
Bought by
Depalo Jessica G
Seller's Agent
Lori Saybolt
Heritage House Sotheby's International Realty
Buyer's Agent
Beth Sarre
Salt and Cedar Properties, LLC
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Views
91
Current Estimated Value
$302,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,908
Avg. Annual Appreciation
-6.01%
Original Mortgage
$248,000
Outstanding Balance
$245,639
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$53,255

Purchase Details

Closed on
Feb 15, 2007
Sold by
Elko David W
Bought by
Eagleson Jason T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1998
Sold by
Defeo Robert
Bought by
Elko David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Depalo Jessica G $325,000 Two Rivers Title
Eagleson Jason T $196,000 --
Elko David $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depalo Jessica G $248,000
Previous Owner Eagleson Jason T $170,000
Previous Owner Eagleson Jason T $190,008
Previous Owner Eagleson Jason T $198,000
Previous Owner Elko David $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $325,000 +8.4% $593 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $299,900 0.0% $547 / Sq Ft
12/15/2021 12/15/21 Rented $23,700 +1100.0% --
11/01/2021 11/01/21 For Rent $1,975 -91.6% --
11/19/2020 11/19/20 Rented $23,433 +1133.3% --
11/01/2020 11/01/20 For Rent $1,900 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,983 $230,800 $145,000 $85,800
2023 $3,983 $208,400 $125,000 $83,400
2022 $3,863 $204,800 $125,000 $79,800
2021 $3,863 $172,700 $100,000 $72,700
2020 $3,438 $151,300 $85,000 $66,300
2019 $3,292 $148,900 $85,000 $63,900
2018 $3,221 $147,300 $85,000 $62,300
2017 $3,085 $146,200 $85,000 $61,200
2016 $3,055 $145,000 $85,000 $60,000
2015 $4,076 $200,500 $140,000 $60,500
2014 $3,836 $200,500 $140,000 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22401942

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00115-0000-00015-09