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
IDX
Source MLS Verified
Last Updated: April - 09 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.