NOT LISTED FOR SALE

51 Wallace St Unit B Red Bank, NJ 07701

Estimated Value: $695,080 - $790,000

1 Bed
1 Bath
-- Sq Ft
6,011 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Attic
  • Red Bank Reg High School Rated A
  • Marble Bathroom Countertops
  • Crown Molding

About This Home

As of March 2019

2nd floor apartment ready for immediate occupancy. 1 bedroom with walk in closet. Fully updated bathroom. Gorgeous kitchen with granite counter tops. Beautiful hardwood floors and moldings throughout. Bonus room with huge walk up attic Unit has washer & dryer. Landlord pays all utilities except electric! Off street parking. Mins to downtown.

Last Agent to Rent the Property

Dennis Freshnock

RE/MAX First Class License #1007236 Listed on: 11/27/2018

RE/MAX First Class

Last Renter's Agent

Casey Gesuelli

Kalian Real Estate , LLC License #1754701

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,472

Year Built

  • Built in 1901

Lot Details

  • 6,011

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Wood Flooring
  • Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Marble Bathroom Countertops

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking

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 Oil Above Ground
  • Oil Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Security Deposit $2,850
  • Property Available on 12/1/18
  • Assessor Parcel Number 39-00029-0000-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,472

Year Built

Built in 1901

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-12-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Inclusions: Washer, Stove, Ceiling Fan(s), Screens, Microwave, Refrigerator, Window Treatments, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Wood
  • Reso Interior Features: Attic, Dec Molding
  • Year Built: 1901
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Red Bank
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Heating Oil Above Ground: Yes
  • Contract Info Available Date: 2018-12-01
  • Maintenance Fees Security Deposit3: 2850.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Cooling Multi Units: Yes
  • Water Heater Oil: Yes
  • Foyer Dec Molding2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Marble10: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 39-00029-0000-00018

Multi Family

  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2001
Sold by
Dillon David
Bought by
Osullivan Denis
Current Estimated Value
$748,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.21%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Osullivan Denis $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osullivan Denis M $440,250
Closed Sullivan Denis M O $22,500
Closed Sullivan Denis M O $337,500
Closed Osullivan Denis $100,000
Closed Osullivan Denis $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Rented $21,600 0.0% --
04/16/2015 04/16/15 Rented $21,600 -- --
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 $11,472 $668,500 $345,500 $323,000
2024 $9,752 $607,300 $291,200 $316,100
2023 $9,752 $510,300 $291,200 $219,100
2022 $9,346 $470,500 $260,800 $209,700
2021 $9,113 $417,800 $226,800 $191,000
2020 $9,113 $401,100 $226,800 $174,300
2019 $8,607 $389,300 $226,800 $162,500
2018 $8,381 $383,200 $226,800 $156,400
2017 $7,431 $352,200 $196,800 $155,400
2016 $7,337 $348,200 $196,800 $151,400
2015 $7,760 $381,700 $266,800 $114,900
2014 $7,302 $381,700 $266,800 $114,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21845343

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00029-0000-00018