132 South Street 1B, Red Bank, NJ 07701

New Listing

$319,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 596 Lot Size (sq. ft.): 436 Status: Active

Current Price: $319,000 List Date: 4/09/2026 Last Modified: 4/09/2026

Overview

Description

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.

Listing Details MLS# 22609490

Contract Info

List Price/SqFt: 535.23
Property Sub-Type: Condominium
Sub-Type: Condominium
New Construction: No

Location

House Number: 132
Street Name: South
Street Suffix: Street
Unit/Suite #: 1B
County: Monmouth
Municipality: Red Bank (RED)
Postal City: Red Bank
State: NJ
Zip Code: 07701
Area/Section: None
Complex/Subdivision: Madison Commons
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. The condo complex is located near the heart of town, close to shopping and transi

General Property Info

Full Baths: Yes
Total Baths: Yes
Apx SqFt: 596
# Levels: Yes
Apx Year Built: 1953
Garage: No
Acreage: 0.01
HOA: Yes
Assn Fee: 472.8
Assn Fee Paid: Monthly
Pool: No
Waterfront: No
Waterview: No
Rooms: 5
Basement: No
# Car Garage: 0

Tax and Legal

Asmnt - Total: 319300
Taxes: 5818
Tax Year: 2025

Remarks & Misc

Excluded: Personal Property

Ownership Type

Condominium: Yes

More Information

Style

Attached: Yes
Lower Level: Yes
One Level Unit: Yes

Showing

Showing Time: Yes

Water/Sewer

Public Sewer: Yes

Basement

Other: Yes

Cooling

Multi Units: Yes

Water Heater

Other - See Remarks: Yes

Heating

Other: Yes

Exterior

Other: Yes

Parking

Common: Yes

Assessment Status

Assessed: Yes

Siding

Brick: Yes

Roof

Shingle: Yes

Property Features

Ownership Type: Condominium Style: Attached; Lower Level; One Level Unit Basement: Other Cooling: Multi Units Heating: Other Water Heater: Other - See Remarks Exterior: Other Siding: Brick Roof: Shingle Parking: Common Assessment Status: Assessed Showing: Showing Time

Listing Office: NextHome Peninsula Realty Group

Listing Agent: Katherine Raftery

Last Updated: April - 09 - 2026

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