NOT LISTED FOR SALE

23 Wallace St Unit 302 Red Bank, NJ 07701

Estimated Value: $636,921 - $772,000

2 Beds
2 Baths
1,350 Sq Ft
$369/mo HOA Fee

Last Sold February 28, 2020

Last sale price $442,500 $328 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,239/month

104 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Granite Countertops
  • Red Bank Reg High School Rated A
  • End Unit
  • Ceiling height of 9 feet on the main level

About This Home

As of February 2020

The Metropolitan: This modern luxury condominium is situated in the heart of downtown Red Bank conveniently located near the best restaurants, shopping, parks, the Navesink River and transportation to NYC. Move in Ready and shows beautifully with attention to detail in this beautiful condo. One of the bright corner units, this spacious open floor plan offers a great kitchen with oversized island, dining area and pantry. The living/family room offers hardwood floors, a juliet balcony, nine foot ceilings and gas fireplace. Enjoy the master suite with lots of windows, with your private bathroom offering double sinks, tub and shower stall. Bonus Room can be used as second bedroom or office with ample closet space. We offer full concierge, two garage parking spaces and an exercise room.

Last Agent to Sell the Property

Kathryn Bateman

O'Brien Realty, LLC License #0679305 Listed on: 09/17/2019

Co-Listed By

Monica Hurni

O'Brien Realty, LLC License #0791925

Last Buyer's Agent

Denise Ripnick

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,848

Year Built

  • Built in 2009

Lot Details

  • 0.82

HOA Fees

  • $369 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Living Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Exterior Lighting
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 39-00029-0000-00024-0000-C302

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, rec facility, snow removal
  • The Metropolitan Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Recreation Room

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,848

Year Built

Built in 2009

Lot Details

0

HOA Fees

$369 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Association, Exercise Room
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Rec Facility, Snow Removal
  • Co List Office Mls Id: 2928
  • Co List Office Phone: 732-229-3532
  • Inclusions: Washer, Blinds/Shades, Dryer, Microwave, Self/Con Clean, Stove, Refrigerator
  • Subdivision Name: The Metropolitan
  • Architectural Style: End Unit
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Recessed Lighting
  • Year Built: 2009
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Common Elements Exercise Room: Yes
  • Garage Underground Garage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Rec Facility: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Floor - Wood4: Yes
  • Style End Unit: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exclusions: n/a
  • Construction Type: Brick
  • Exterior Features: Lighting
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Underground
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Underground: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 369.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Parcel #: 39-00029-0000-00024-0000-C302
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
Nicholas Boscia Louis
Bought by
Boscia Trust
Current Estimated Value
$709,254

Purchase Details

Listed on
Sep 17, 2019
Closed on
Feb 26, 2020
Sold by
Hurni Andrew E and Hurni Monica L
Bought by
Boscia Louis Nicholas
Seller's Agent
Kathryn Bateman
O'Brien Realty, LLC
Buyer's Agent
Denise Ripnick
Gloria Nilson & Co. Real Estate
Sold Price
$442,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$354,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2019
Closed on
Jun 18, 2019
Sold by
Newman Jill Jamie and Arslanian Jeffrey Thomas
Bought by
Hurni Andrew E and Hurni Monica L
Seller's Agent
Demorbelle Cleare
Hubbard Park Real Estate, LLC
Buyer's Agent
Kathryn Bateman
Heritage House Sotheby's International Realty
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$318,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2014
Sold by
Wallace Street Partners Llc
Bought by
Newman Jill Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Boscia Trust -- Olitsky Andrea
Boscia Louis Nicholas $442,500 All Ahead Title Agency
Hurni Andrew E $425,000 Acress Land Title Agency Inc
Newman Jill Jaime $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boscia Louis Nicholas $354,000
Previous Owner Boscia Louis Nicholas $354,000
Previous Owner Boscia Louis Nicholas $354,000
Previous Owner Hurni Andrew E $318,750
Previous Owner Newman Jill Jaime $248,500
Previous Owner Newman Jill $246,500
Previous Owner Wallace Street Partners Llc $11,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $442,500 +4.1% $328 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
06/18/2019 06/18/19 Sold $425,000 -- $315 / Sq Ft
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 $11,848 $580,900 $299,500 $281,400
2023 $11,848 $591,800 $315,000 $276,800
2022 $9,659 $471,500 $203,500 $268,000
2021 $9,659 $431,800 $185,000 $246,800
2020 $9,227 $387,700 $160,000 $227,700
2019 $8,896 $383,300 $160,000 $223,300
2018 $8,566 $371,800 $160,000 $211,800
2017 $8,255 $372,700 $160,000 $212,700
2016 $8,175 $369,400 $160,000 $209,400
2015 $6,688 $311,800 $102,900 $208,900
2014 $6,289 $311,800 $102,900 $208,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21938117

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00029-0000-00024-0000-C302