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$1,199,999

81 Wallace St

Red Bank, NJ
Active
4
Bedrooms
4
Bathrooms
2,688
Square Feet
0.11
Lot Size (acres)
1910
Year Built
11
Days On Market

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 Information

Listing Updated
7 days ago
Listed By
Scott T Gilbert, 7322293532 · O'Brien Realty, LLC, 7322293532
MLS#
22632598
Source
MOREMLS (Monmouth Ocean Regional REALTORS)
Status
Active

Facts & Features

Location

Community Information

Address
81 Wallace St, Red Bank, NJ 07701
City
Red Bank
County
Monmouth
Neighborhood
None
Zip Code
07701

Architecture

Bedrooms
4
Bathrooms
4
Stories
2
Year Built
1910
Building Area
2,688 sq. ft.
Garage
Yes
Garage Spaces
1
Parking Features
Attached, On Street

Features & Amenities

Appliances
Electric Water Heater, Gas Water Heater
Cooling
Other

Property Features

Lot Size
0.11 Acres
Water
Public
Sewer
Public Sewer

Square Footage

Total
2,688 sq. ft.

Tax & Financial Information

List Price
$1,199,999
Annual Taxes
$16,562

Schools

100/100
Point Road School
Elementary · Grades PK–04 · 1.9 mi
City
Little Silver
Students
467
Student body
91% White · 5% Asian · 3% Hispanic / Latino
Free/reduced lunch
2%
Phone
(732) 741-4022
99/100
Shrewsbury Borough Elementary School
Elementary · Grades PK–08 · 1.5 mi
City
Shrewsbury
Students
509
Student body
95% White · 2% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
1%
Phone
(732) 747-0882
85/100
River Plaza Elementary School
Elementary · Grades KG–05 · 1.4 mi
City
Red Bank
Students
268
Student–teacher
11.5
Parent reviews
5.0★ avg · 2 reviews
Student body
87% White · 8% Hispanic / Latino · 5% Two or More Races
Free/reduced lunch
6%
Phone
(732) 747-3679
75/100
Viola L Sickles School
Elementary · Grades PK–03 · 1.7 mi
City
Fair Haven
Students
408
Parent reviews
5.0★ avg · 2 reviews
Student body
94% White · 4% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
1%
Phone
(732) 741-6151
71/100
Red Bank Middle School
Middle · Grades 04–08 · 0.3 mi
City
Red Bank
Students
642
Parent reviews
5.0★ avg · 6 reviews
Student body
86% Hispanic / Latino · 6% Black · 5% White
Free/reduced lunch
79%
Phone
(732) 758-1515
71/100
Red Bank Primary School
Elementary · Grades PK–03 · 1.2 mi
City
Red Bank
Students
651
Parent reviews
5.0★ avg · 6 reviews
Student body
84% Hispanic / Latino · 7% White · 5% Black
Free/reduced lunch
84%
Phone
(732) 758-1530
56/100
Red Bank Charter School
Elementary · Grades PK–08 · 0.6 mi
City
Red Bank
Students
192
Parent reviews
3.0★ avg · 4 reviews
Student body
61% Hispanic / Latino · 32% White · 6% Black
Free/reduced lunch
49%
Phone
(732) 450-2092
55/100
Swimming River School
Elementary · Grades 03–05 · 2.2 mi
City
Tinton Falls
Students
440
Student body
62% White · 17% Hispanic / Latino · 9% Black
Free/reduced lunch
18%
Phone
(732) 460-2416

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
10/15/2026Listed for sale$1,199,999

Listed by Scott T Gilbert · O'Brien Realty, LLC · 7322293532

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

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