Monmouth County  »  07701  »  Wallace St  »  47 Wallace St

47 Wallace Street, Red Bank, NJ 07701 - Property report

Also known as: 47 Wallace St

Property image for 47 Wallace Street, Red Bank, NJ 07701
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Property type

Commercial (4A)

Year built

1901

Acreage

0.138

Sale price

$650,000

General information

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Address
Primary address
47 Wallace Street
ZIP code
07701
County
Monmouth
Block
29
Lot
19
Municipality
1339
Qualifier
Parcel ID
29-19

Owner

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Sales
Sale date
10/14/2021
Sale price
$650,000
Arm's length
Tax
Tax year
2026
Current property tax
$22,285
Building
Property type
Commercial (4A)
Building sq. ft.
2,356
Year built
1901
Exterior structural material
Lot
Acreage
0.138
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
0 /100.  Minimal Transit
Bike score
57 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 47 Wallace Street, Red Bank, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 47 Wallace Street, Red Bank, NJ 07701

*Most recent sales on record for this property.

More about Monmouth County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
10/20/2021 - R Mortgage Assignment of Leases & Rents XX XXXXXXX XXXXXX XXX XXX XXXXXXXXXXXX XXXX
10/20/2021 - R
10/14/2021 - D
Mortgage XX XXXXXXX XXXXXX XXX XXX XXXXXXXXXXXX XXXX
10/20/2021 - R
10/14/2021 - D
Deeds from 10/01/1996 to Present XXXXXXXX XXXXXXX XXXXXX XXX XX XXXXXXX XXXXXX XXX
07/08/2014 - R
07/01/2014 - D
Deed and Realty Tax Fees XXX XXXXXXXXXXX XXX XXXXXXXX XXXXXXX XXXXXX XXX
01/06/2009 - R
12/31/2008 - D
Deed and Realty Tax Fees XXXXXXX, XXXXXXX X & XXXXX X XXX XXXXXXXXXXX, XXX
05/24/1985 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 47 Wallace Street, Red Bank, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$22,285
Recent tax assessments
Market value
$934,400
Land value
$370,200
Building value
$564,200

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $895,000 $895,000 2.385 $21,346 +38.01%
2024 $818,800 $818,800 1.889 $15,467 +0.66%
2023 $804,100 $804,100 1.911 $15,366 +1.85%
2022 $751,700 $751,700 2.007 $15,087 +0.09%
2021 $673,800 $673,800 2.237 $15,073 -1.54%
2020 $673,800 $673,800 2.272 $15,309 +11.23%
2019 $622,500 $622,500 2.211 $13,763 +3.54%
2018 $607,800 $607,800 2.187 $13,293 +9.49%
2017 $575,400 $575,400 2.11 $12,141 +16.60%
2016 $565,600 $565,600 1.841 $10,413 -9.95%

Permit information for 47 Wallace Street, Red Bank, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
24,376
Median age
42.6
Average household income
$158,788
Family households
57.2%
People per household (average)
2.26
Occupied housing units
10,708
Owner-occupied units
65.2%
Median year structure built
1963
Median value mortgaged units
$609,600
Median value unmortgaged units
$519,400

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

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Frequently asked questions

What is the year built for 47 Wallace Street, Red Bank, NJ 07701?

The development at 47 Wallace Street, Red Bank, NJ 07701 was built in 1901.

What is the total square footage of 47 Wallace Street, Red Bank, NJ 07701?

47 Wallace Street, Red Bank, NJ 07701 has a total of 2,356 square feet.

When was 47 Wallace Street, Red Bank, NJ 07701 last sold and what was the sale price?

47 Wallace Street, Red Bank, NJ 07701 was last sold on 10/14/2021 for $650,000.

What is the assessed value of 47 Wallace Street, Red Bank, NJ 07701?

47 Wallace Street, Red Bank, NJ 07701 is currently assessed at $934,400.

What are the property taxes for 47 Wallace Street, Red Bank, NJ 07701?

The property taxes for 47 Wallace Street, Red Bank, NJ 07701 total $22,285.

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