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Property view

64 Wallace Street, 
Red Bank, NJ 07701

$980,000


3

Beds


3

Baths


2,652

Sq Ft


Multi-Family

Sold

Listed by

Joseph York

Bought with Sourlis Intl Realty Corp

Weichert Realtors-Spring Lake

MLS#

22415332

Source:

NJ MOMLS

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About This Home

64 Wallace Street

Welcome to your ideal investment opportunity in the heart of Red Bank! This spacious three-family property boasts an unbeatable location, offering both convenience and charm. The highlight of this property is the well-appointed one-bedroom unit on the second level, which has been thoughtfully converted from two bedrooms to maximize space and comfort. Inside, you'll find a warm and inviting atmosphere complemented by beamed ceilings, granite counters, and a cozy gas fireplace. French doors lead out to a private rooftop deck, perfect for enjoying the sunshine and taking in the views. On the ground level, you'll discover two separate one-bedroom units, each featuring hardwood floors and high ceilings. Unit 1 also offers a porch space and in unit washer/dryer. The oversized garage provides ample space for parking and storage, with individual lockers for each tenant to keep belongings secure. Investment-wise, this property offers a lucrative opportunity with all units separately metered and tenants responsible for their own utilities. Whether you're looking to live in one unit while collecting rental income from the others or seeking a pure investment venture, this property is primed for success. Location is key, and this property doesn't disappoint. Situated just blocks away from Red Bank's vibrant restaurants, parks, and entertainment options, residents will enjoy easy access to everything this lively community has to offer. Don't miss out on this chance to own a piece of Red Bank's thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional property!

Home Facts

Multi-Family

3 Baths

3 Bedrooms

Built in 1907

Price Summary

1,049,000

$395 per Sq. Ft.

MLS #:

22415332

Sold:

December 13, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,652 Sq. Ft.


Structure

Structure

Building Area:

2,652 Sq. Ft.

Year Built:

1907


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$1,049,000

Price per Sq. Ft:

$395 per Sq. Ft.

Source:NJ MOMLS
IDX information if 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. Information provided by Monmouth MLS. Last Updated December 14, 2024