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23 Wallace St

Red Bank, NJ 07701

2 bd 3 ba 1,845 sqft Built 2009 Lot 35,719 sqft condos
Most recent sale
$680,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $680,000 MLS #22220298
Sep 6, 2022 Relisted $699,900 MLS #22220298
Jul 12, 2022 Price changed $715,000 MLS #22220298
Jun 29, 2022 Listed $725,000 MLS #22220298
Jun 21, 2022 Price changed $735,000 MLS #22214407
May 13, 2022 Listed $745,000 MLS #22214407
May 4, 2021 Price changed $579,900 MLS #22106472
Mar 18, 2021 Price changed $589,900 MLS #22106472
Mar 5, 2021 Listed $619,900 MLS #22106472
Nov 27, 2015 Sold $499,000 MoreMLS
Nov 25, 2015 Sold $499,000 Public Record
Aug 26, 2015 Listed $509,000 MLS #21533369

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $392,800 $377,500 $770,300 $14,712
2024 $392,800 $377,500 $770,300 $14,156
2023 $375,200 $325,000 $700,200 $14,018
2022 $363,300 $220,000 $583,300 $12,307
2021 $334,500 $200,000 $534,500 $12,523
2020 $308,700 $225,000 $533,700 $12,702
2019 $302,800 $225,000 $527,800 $12,250
2018 $286,200 $225,000 $511,200 $11,778
2017 $287,500 $225,000 $512,500 $11,352
2016 $283,100 $225,000 $508,100 $11,244
2015 $331,700 $163,300 $495,000 $10,618
2014 $331,700 $163,300 $495,000 $9,470
2013 $331,700 $163,300 $495,000 $59,450

Property facts

Year built
2009
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
1,845 sqft
Lot size
35,719 sqft
ZIP code
07701
City
Red Bank
Street
Wallace St
Coordinates
40.35060, -74.06434

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,768
Gross rental yield
4.88%
Implied cap rate
3.18%
Trend-extrapolated value

Frequently asked questions

When did 23 Wallace St last sell?
23 Wallace St most recently sold on Oct 28, 2022 for $680,000.
What is the current tax assessment for 23 Wallace St?
The most recent total assessment for 23 Wallace St (year 2025) is $770,300 with $14,712 in property tax.
How does 23 Wallace St's assessment compare to its last sale price?
The current assessment is 13.3% above the last sale price of $680,000.
When was 23 Wallace St built?
23 Wallace St was built in 2009.
How does 23 Wallace St compare to others on Wallace St?
We track 8 other properties on Wallace St. Browse the list under "Other properties on Wallace St" to compare beds, baths, and sale history.
What are the property facts for 23 Wallace St?
23 Wallace St is a 2 bed, 3 bath, 1,845 sqft, 35,719 sqft lot condos.
Is 23 Wallace St a flip candidate?
No — 23 Wallace St does not appear in our flips dataset.
Is 23 Wallace St a tax-appeal candidate?
No — 23 Wallace St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$955.3K
2026 Q4
$962K
ZIP 07701 — Median Price History + Forecast

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