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23 Wallace St
Red Bank, NJ 07701
Ground Floor Office Condo · Multifamily Property For Sale
·
38 Units
Investment Highlights
- Vacant 2,500 SF office unit ideal for an owner/operator who wants to be within downtown Red Bank
- Tremendous location just minutes from the Garden State Parkway, Route 35, Red Bank train station, and the Jersey Shore
- 35 covered parking spaces that lead directly into the units, which is nearly impossible to find in downtown Red Bank
Property Facts
| Price Per Unit | $77,632 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 8.44% | Lot Size | 1.04 AC |
| No. Units | 38 | Building Size | 6,095 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1927 |
| Zoning | MU-0 | ||
| Price Per Unit | $77,632 |
| Sale Type | Investment |
| Cap Rate | 8.44% |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.04 AC |
| Building Size | 6,095 SF |
| No. Stories | 4 |
| Year Built | 1927 |
| Zoning | MU-0 |
Amenities
Unit Amenities
- Cable Ready
- Fireplace
- Washer/Dryer
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- Stainless Steel Appliances
- Carpet
Site Amenities
- Fitness Center
- Lounge
Property Taxes
| Parcel Numbers | Improvements Assessment | $311,600 | |
| Land Assessment | $360,700 | Total Assessment | $672,300 |
Property Taxes
Parcel Numbers
Land Assessment
$360,700
Improvements Assessment
$311,600
Total Assessment
$672,300
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