NOT LISTED FOR SALE

Asbury Ocean Club 1101 Ocean Ave Unit 1201 Asbury Park, NJ 07712

Estimated Value: $2,916,000 - $3,214,885

3 Beds
3 Baths
1,982 Sq Ft
$2,152/mo HOA Fee

Last Sold June 06, 2024

Last sale price $2,755,000 $1,390 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $18,657/month

35 Days on Market

Highlights

  • Beach Front
  • Fitness Center
  • Oceanside
  • Ocean View
  • Cabana
  • 3-minute walk to Asbury Spray Park

About This Home

As of June 2024

Coming soon listing no showing until 4/10 Rare Opportunity to live in an Oceanfront Residence at the distinguished Asbury Ocean Club. This most desired floor plan boasts 3 bedrooms, 3 baths , open kitchen, great room, private outdoor room and a wrap around ocean view terrace accessible from each bedroom. It's ideal for entertaining or enjoying your own personal beach oasis. Floor to ceiling glass windows reveal spectacular ocean views and beautiful sunrises. Open your double wide sliding glass doors in the great room to capture the ocean breeze , the sound of lapping waves or to view the ocean and coastline . The kitchen features white lacquer cabinets, Miele appliances, quartz counters, & center island w/ wine fridge. This home overlooks the boardwalk and all the music venues of Asbury. This home offers 2 assigned garage parking spaces, shade store window treatments, California Closets, and phantom bug screens.The Ocean Club let's you experience resort style living with outstanding amenities: 24 hour concierge services, a spa and fitness center, a residents area that features a chef table catering kitchen, cinema, business center, private office space, game room, kids play room and even a dog washing station. On the 4th floor you will find a 65 x 30 ft heated pool with ocean views and poolside bar where you have access to a wide selection of food and beverages. Adjacent to the pool deck is the drawing room lounge that offers live music next to the Galley Bar and restaurant. There is even a Moke car/ golf cart driver to transport you to your favorite spots in Asbury Park.Come experience the ultimate beach house this summer.

Last Agent to Sell the Property

Adam Hignite

Compass New Jersey LLC License #0453869 Listed on: 04/10/2024

Compass New Jersey LLC

Co-Listed By

Robert Lobiondo

Compass New Jersey LLC License #1862980

Last Buyer's Agent

Kathleen Powell

Diane Turton, Realtors-Avon License #1435978

Diane Turton, Realtors-Avon

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019

HOA Fees

  • $2,152 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,982 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Sliding Doors
  • Center Hall

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Cabana
  • Outdoor Pool
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Oceanside

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Water Heater

Additional Features

  • Beach Front
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 04-04002-0000-00001-1201-C1201

Community Details

Overview

  • Association fees include trash, common area, exterior maint, heat, mgmt fees, sewer, water, gas
  • 130 Units
  • Asbury Ocean Club Subdivision, 3 Bedroom 3 Bath Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2019

Lot Details

0

HOA Fees

$2,152 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: 3 bedroom 3 bath
  • ResoPoolFeatures: Cabana, Common, Heated
  • Reso Association Amenities: Association, Exercise Room, Community Room, Swimming, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Heat, Mgmt Fees, Sewer, Water, Gas
  • Co List Office Mls Id: 4306
  • Co List Office Phone: 732-936-5248
  • Subdivision Name: Asbury Ocean Club
  • Architectural Style: Upper Level
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Center Hall, Sliding Door
  • Year Built: 2019
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Pool Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • ExteriorOutdoorShower: Yes
  • General Property Info # UnitsBldgs: 130.0
  • Water Type Beachfront: Yes
  • Pool Cabana: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony, Outdoor Shower, Swimming

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2152.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Lot Info

  • Parcel #: 04-04002-0000-00001-1201-C1201

Multi Family

  • Number Of Units Total: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jun 3, 2024
Sold by
Malik Aman and Mathur Sonali
Bought by
Armas Oliver and Armas Jeanmarie
Seller's Agent
Adam Hignite
Compass New Jersey LLC
Buyer's Agent
Kathleen Powell
Diane Turton, Realtors-Avon
List Price
$2,999,000
Sold Price
$2,755,000
Premium/Discount to List
-$244,000
-8.14%
Views
29
Current Estimated Value
$3,097,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,962
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Apr 28, 2020
Sold by
Ap Block 176 Venture Urbanrenewal Llc
Bought by
Mathur Sonail and Malik Aman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,500
Interest Rate
2.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Armas Oliver $2,755,000 Scott Title Services
Armas Oliver $2,755,000 Scott Title Services
Mathur Sonail $2,250,000 Able Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malik Aman $1,688,000
Previous Owner Mathur Sonail $1,687,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $2,755,000 -8.1% $1,390 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $2,999,000 -- $1,513 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $2,866,400 $859,900 $2,006,500
2024 -- $3,077,900 $923,400 $2,154,500
2023 $0 $2,782,900 $834,900 $1,948,000
2022 $0 $2,424,600 $727,400 $1,697,200
2021 $0 $2,332,700 $699,800 $1,632,900
2020 $0 $2,265,800 $679,700 $1,586,100
Source: Public Records

Agents Affiliated with this Home

  • Adam Hignite

    Seller's Agent in 2024

    Adam Hignite

    Compass New Jersey LLC

    (917) 549-8675

    29 in this area

    36 Total Sales

    Adam Hignite
    Section Image
  • Robert Lobiondo

    Seller Co-Listing Agent in 2024

    Robert Lobiondo

    Compass New Jersey LLC

    (732) 890-9712

    30 in this area

    37 Total Sales

    Robert Lobiondo
    Section Image

  • K

    Buyer's Agent in 2024

    Kathleen Powell

    Diane Turton, Realtors-Avon

    (732) 567-5246

    1 in this area

    13 Total Sales

    Kathleen Powell
    Section Image
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About Asbury Ocean Club

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22409120

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-04002-0000-00001-1201-C1201

New Jersey Monmouth County Asbury Park 07712

1101 Ocean Ave Unit 1201, Asbury Park, NJ

This home is located at 1101 Ocean Ave Unit 1201, Asbury Park, NJ 07712 since 10 April 2024 and is currently estimated at $3,097,962, approximately $1,563 per square foot. This property was built in 2019. 1101 Ocean Ave Unit 1201 is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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