$609,000
SOLD FEB 28, 2025

23 Wallace St Red Bank, NJ 07701

2 Beds
2 Baths
1,400 Sq Ft
$503/mo HOA Fee

Recently Sold

$435 Per Sq Ft

22 Days on Market

Highlights

  • Wood Flooring
  • Steam Shower
  • Ceiling height of 9 feet on the main level
  • Red Bank Reg High School Rated A
  • Home Gym
  • Eat-In Kitchen

About This Home

As of February 2025

Set in the heart of downtown Red Bank's urban scene, where the lifestyle of fine dining, arts, shopping & more are at your fingertips. Built in 2009; The Metropolitan is a luxury residential building with fitness center, concierge, controlled access & off street secure underground parking. Unit 303 includes 2 parking spots, boasts a large open floor plan w/ 2 bedrooms & 2 baths, living/dining combo, high end finishes, gas fireplace & laundry in unit. Open your juliet balcony door to take in the vibrant streetscape & fresh air from nearby waterways. 9 ft ceilings, kitchen with stainless steel appliances, granite counters & large center island for entertaining. Bonus; Pet friendly. Check this unit out today!

Last Agent to Sell the Property

Allison Gregory

Resources Real Estate Brokerage Phone: 732-212-0440 License #0789384 Listed on: 12/04/2024

Last Buyer's Agent

Daniel Effenberger

O'Brien Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,180

Year Built

  • Built in 2009

HOA Fees

  • $503 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Living Room
  • Dining Room
  • Home Gym
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • High-Rise Condominium
  • The Metropolitan Subdivision

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 39-00029-0000-00024-0000-C303

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,180

Year Built

Built in 2009

Lot Details

0

HOA Fees

$503 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Attribution Contact: 732-212-0440
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: The Metropolitan
  • Architectural Style: High Rise
  • Reso Interior Features: Exercise Room, Ceilings - 9Ft+ 1st Flr, Dec Molding, Recessed Lighting
  • New Construction: No
  • Year Built: 2009
  • Contract Info New Construction: No
  • 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
  • Garage Underground Garage: Yes
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • SidingBrick: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Interior Fitness: Yes
  • Style High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bath Steam Shower: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal belongings
  • Construction Type: Brick
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Underground Garage, Assigned, Covered, Off Street, Underground
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 502.86
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 39-00029-0000-00024-0000-C303

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12180.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Feb 24, 2025
Sold by
Rauchet Jennifer and Rauchet Dennis
Bought by
Davie Michael
Seller's Agent
Allison Gregory
Resources Real Estate
Buyer's Agent
Daniel Effenberger
O'Brien Realty, LLC
List Price
$609,000
Sold Price
$609,000
Views
128
Current Estimated Value
$639,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,801
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Mar 22, 2013
Sold by
Wallace Street Partners Llc
Bought by
Gray Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed $609,000 None Listed On Document
Bargain Sale Deed $609,000 None Listed On Document
Deed $465,000 Prestige New Jersey Title Ag
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $372,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $609,000 0.0% $435 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
12/04/2024 12/04/24 For Sale $609,000 -- $435 / 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
2025 $12,180 $633,100 $326,000 $307,100
2024 $12,180 $604,100 $305,800 $298,300
2023 $12,180 $608,400 $315,000 $293,400
2022 $10,326 $504,100 $220,000 $284,100
2021 $10,326 $461,600 $200,000 $261,600
2020 $10,148 $426,400 $185,000 $241,400
2019 $9,788 $421,700 $185,000 $236,700
2018 $9,433 $409,400 $185,000 $224,400
2017 $9,090 $410,400 $185,000 $225,400
2016 $9,007 $407,000 $185,000 $222,000
2015 $7,186 $335,000 $110,600 $224,400
2014 $6,757 $335,000 $110,600 $224,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22433974

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00029-0000-00024-0000-C303