NOT LISTED FOR SALE

Asbury Ocean Club 1101 Ocean Ave Unit 1506 Asbury Park, NJ 07712

Estimated Value: $1,768,000 - $1,880,000

2 Beds
2 Baths
1,404 Sq Ft
$1,855/mo HOA Fee

Last Sold September 15, 2023

Last sale price $1,725,000 $1,229 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $13,418/month

191 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • New Kitchen
  • Fitness Center
  • Oceanside
  • 3-minute walk to Asbury Spray Park

About This Home

As of September 2023

View from the top! Exclusive oceanfront living at it's best in this bright and southern facing 2 bedroom/2 bath 15th floor condo in the sought after Asbury Ocean Club! Unit 1506 offers bright, sun soaked, open concept living and dining areas, plus a high end kitchen with a center island, a spacious master suite and plenty of closet space. Take in your views, salt air and sun on the large balcony, including the private ''outdoor living room''. This stylish and functional home comes with motorized blinds and upgraded closets. 2 indoor garage parking spots are included. Building amenities: 24 hour doorman, private pool deck, gym/yoga studio, movie theatre, bar/restaurant, common kitchen and dining areas, spa, office space and conference room, dog wash and game room. Buy in time for summer!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 02/22/2023

RE/MAX Gateway

Co-Listed By

Robert Kosinski

RE/MAX Gateway License #1643938

Last Buyer's Agent

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 02/22/2023

RE/MAX Gateway

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018

HOA Fees

  • $1,855 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Assigned Parking

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Wood Flooring

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Oceanside
  • Deck
  • Exterior Lighting

Additional Features

  • Ocean Front
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-04002-0000-00001-1506-C1506

Community Details

Overview

  • Association fees include common area, exterior maint, mgmt fees, pool, water, gas
  • High-Rise Condominium
  • Asbury Ocean Club Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Community Center
  • Recreation Room

Recreation

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,855 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront, Oceanside
  • ResoPoolFeatures: Common, Heated, In Ground
  • Reso Association Amenities: Professional Management, Controlled Access, Association, Exercise Room, Community Room, Deck, Pool, Clubhouse, Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Mgmt Fees, Pool, Water, Gas
  • Co List Office Mls Id: 1227
  • Co List Office Phone: 609-693-5002
  • Inclusions: Washer, Wall Oven, Window Treatments, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: Asbury Ocean Club
  • Architectural Style: High Rise
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Dec Molding, Sliding Door, Breakfast Bar, Recessed Lighting
  • Year Built: 2018
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • 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
  • Allowable Pet Size Limit: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: 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
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Garage Direct Entry: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Dogs: Yes
  • Common Elements Clubhouse: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen Breakfast Cntr: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Kitchen Floor - Wood4: Yes
  • Living Room Sliding Door2: Yes
  • Foyer Dec Molding2: Yes
  • Common Elements Deck2: Yes
  • Style High Rise: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Appliances Included:Wall Oven: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront Features: Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: See Remarks, Assigned, Direct Access
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1854.66
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • AssociationHOA Fee Includes:Water: Yes

Lot Info

  • Parcel #: 04-04002-0000-00001-1506-C1506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Sep 14, 2023
Sold by
Bernardini Ryan
Bought by
Dewan Jay and Taranda Elizabeth
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Robert Lange
RE/MAX Gateway
List Price
$1,899,900
Sold Price
$1,725,000
Premium/Discount to List
-$174,900
-9.21%
Views
230
Current Estimated Value
$1,827,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,224
Avg. Annual Appreciation
2.94%

Purchase Details

Closed on
Mar 9, 2021
Sold by
Ap Block 176 Venture Urban Renewal Llc
Bought by
Bernardini Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.05%
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
Dewan Jay $1,725,000 Old Republic National Title In
Dewan Jay $1,725,000 Old Republic National Title In
Bernardini Ryan $1,575,000 Scott Title Services Llc
Bernardini Ryan $1,575,000 Scott Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernardini Ryan $1,260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $1,725,000 -4.2% $1,229 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $1,799,900 -4.0% $1,282 / Sq Ft
04/11/2023 04/11/23 Price Changed $1,875,000 -1.3% $1,335 / Sq Ft
02/22/2023 02/22/23 For Sale $1,899,900 -- $1,353 / 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 -- $1,763,600 $529,100 $1,234,500
2024 -- $1,729,600 $518,900 $1,210,700
2023 -- $1,719,400 $515,800 $1,203,600
2022 $0 $1,638,500 $491,500 $1,147,000
2021 $0 $1,576,300 $472,900 $1,103,400
2020 $0 $1,531,100 $459,300 $1,071,800
Source: Public Records

Agents Affiliated with this Home

  • Robert Lange

    Seller's Agent in 2023

    Robert Lange

    RE/MAX

    (732) 300-4307

    17 in this area

    416 Total Sales

    Robert Lange
    Section Image
  • Robert Kosinski

    Seller Co-Listing Agent in 2023

    Robert Kosinski

    RE/MAX

    (732) 996-7448

    18 in this area

    269 Total Sales

    Robert Kosinski
    Section Image
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About Asbury Ocean Club

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22304842

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-04002-0000-00001-1506-C1506

New Jersey Monmouth County Asbury Park 07712

1101 Ocean Ave Unit 1506, Asbury Park, NJ

This home is located at 1101 Ocean Ave Unit 1506, Asbury Park, NJ 07712 since 22 February 2023 and is currently estimated at $1,827,224, approximately $1,301 per square foot. This property was built in 2018. 1101 Ocean Ave Unit 1506 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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