About This Home

This 4-bedroom, 4-bathroom residential multi family at 81 Wallace Street in Red Bank, NJ is listed for $1,199,999 ($446 per sqft). Built in 1910, the home offers 2,688 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1910
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
4 full
1-car garage
1910

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

81 Wallace Street

Red Bank, NJ 07701

Property Details

Parking

On Street

Heating

Zoned

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 81 Wallace Street is listed at $1,199,999 ($446/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.11 acre lot, 2 stories.

This property is listed by Scott T Gilbert.

SG

Scott T Gilbert

Agent at O'Brien Realty

Listed by O'Brien Realty · Broker phone: (732) 229-3532 · View on Broker Site · Broker website

MLS# 22632598· Source: More MLS· 18 days on PropertySimple

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

81 Wallace Street, Red Bank, NJ 07701

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