81 Wallace Street, Red Bank, NJ 07701

$1,199,999
Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 2,688 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $1,199,999 List Date: 10/17/2026 Last Modified: 10/18/2026

Overview

Description

Prime Investment Opportunity in Red Bank! Fully rented 4 - 1 bedroom units ideally situated on Red Bank's desirable east side. Just a short walk to the vibrant downtown, restaurants, shopping, and entertainment, this income-producing property offers immediate rental income and excellent long-term investment potential. A rare opportunity to acquire a four-unit property in one of the Jersey Shore's most sought-after rental markets.

Listing Details MLS# 22632598

Contract Info

Start Showing Date
2026-10-17
List Price/SqFt
446.43
Property Sub-Type
Four Family
New Construction
No

Location

House Number
81
Street Name
Wallace
Street Suffix
Street
County
Monmouth
Municipality
Red Bank (RED)
Postal City
Red Bank
State
NJ
Zip Code
07701
Area/Section
None
Complex/Subdivision
None
Elementary School
Red Bank Prm
Middle School
Red Bank
High School
Red Bank Reg
Directions
Broad St. to Wallace St.

General Property Info

# Units in Bldg
4
Full Baths
4
Total Baths
4
# Levels
2
Apx SqFt
2688
Apx Year Built
1910
# Acres
0.11
Lot Dimensions
42 x 110
Garage
Yes
# Car Garage
Yes
Pool
No
Waterfront
No
Waterview
No

Tax and Legal

Asmnt - Total
948500
Deed Restricted
No
Taxes
16562
Tax Year
2025

More Information

Property Features

Basement: Other Cooling: Other Heating: 3+ Zoned Heat; Electric; Natural Gas Water Heater: Electric; Natural Gas Siding: Vinyl Garage: Attached Parking: On Street Assessment Status: Assessed Showing: Call Agent
IDX
Listing Office: O'Brien Realty, LLC
Listing Agent: Scott T Gilbert
Source MLS Verified
Last Updated: October - 18 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is 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.