132 South Street Unit 1B Red Bank, NJ $ 319,000
132 South Street Unit 1B
$ 319,000
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132 South Street Unit 1B

Red Bank, NJ, 07701
$ 319,000
Bedrooms2 Baths1.0 Sq 900

Monthly Estimate*

$ 1,964

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Condo for sale in Red Bank, NJ

for $319,000 with 2 bedrooms and 1 full bath. This 900 square foot condo was built in 1953 on a lot size of 0.01.

Welcome to this beautifully updated first-floor unit in sought-after Madison Commons--an ideal rent alternative or investment opportunity in the heart of Red Bank. Featuring a newer kitchen with modern cabinetry, sleek countertops, and stainless steel appliances, this home offers a fresh, move-in ready feel. Enjoy the ease of first-floor living with no stairs and a functional layout. Just a block from downtown Red Bank, you're steps to restaurants, shops, theaters, and the train. No rental restrictions--rent immediately from day one or enjoy the lifestyle yourself.

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Condo Active

Price

$ 319,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 5,818

Style

Lower Level,One Level Unit

Lot Size

0.01

Year Built

1953

Town/City

Red Bank

County/Region

Monmouth

MLS | Web ID

22609490

Features
General
Sewer Public Sewer
Heating Other
Cooling Multi Units
Roof Shingle
HOA Fee 472.8
Garage Spaces 0.0
Architectural Style Lower Level One Level Unit
Construction Materials Brick
Exclusions Personal Property
Year Built 1953
Stories Count 1
Unit Number 1B
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Monmouth
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name Madison Commons
Garage Y/N N
Total Rooms 0
Full Baths 1
Status Active
Directions 132 South St (Madison Commons) in Red Bank NJ is accessible from the Garden State Parkway via Exit 109. Head east on Newman Springs Rd/CR-520 turn left onto Broad St then turn right onto South St. Th
City Red Bank
Senior Community Y/N N
MLS Area None
Lot Size Units Acres
Lot Size Square Feet 435.6
Carport Y/N N
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 5818.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Red Bank (RED)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 319300
Water Body Access Y/N None
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Interior
Basement Other
Total Fireplaces 0
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities Other
Parking Features Common
Lot Size Area 0.01
Spa N
Building Area Total 900.0
Lot Size Acres 0.01
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 132
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* Excluded Features
List By
Katherine Raftery

Listing Agent

Nexthome Peninsula Realty Group

Broker

kate@nexthomepeninsula.com

Email

Affordability Calculator

$2,449
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,964
Monthly Property Taxes
$485
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$319,000 Listed Price

Map


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132 South Street Unit 1B, Red Bank, NJ, 07701 is a Condo for sale at $319,000 with 900 sqft and a lot size of 0.01. 132 South Street Unit 1B has 2 bedrooms, 1.0 baths, and was built in 1953. The property's zip code is 07701 which is in Red Bank, NJ