NOT LISTED FOR SALE

Asbury Ocean Club 1101 Ocean Ave Unit 508 Asbury Park, NJ 07712

Estimated Value: $1,629,000 - $1,798,000

2 Beds
2.5 Baths
1,424 Sq Ft
$1,942/mo HOA Fee

Last Sold May 10, 2023

Last sale price $1,400,000 $983 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,820/month

122 Days on Market

Highlights

  • Ocean Front
  • Heated Pool
  • Quartz Countertops
  • Fitness Center
  • Engineered Wood Flooring
  • 3-minute walk to Asbury Spray Park

About This Home

As of May 2023

The Ultimate Beach House | Residence 508 at Asbury Ocean Club is effortless living at its best. This split two bedroom, two and a half bath home celebrates the oceanfront with hurricane proof floor-to-ceiling windows and sliding glass doors for direct access to the private 555 square foot terrace with an outdoor room to take in the sweeping views of the ocean and the coastline. The interior design gleams with chic materials including 7' wide-plank, bleached white oak hardwood flooring, white lacquered custom cabinetry by Spazzi of Spain, stone countertops, a Miele kitchen appliance suite equipped with a gas cook top and hood, oven and speed oven, dishwasher, refrigerator and freezer.

Last Agent to Sell the Property

Lori Anne Sorrentino

NRT New York, LLC Listed on: 11/20/2022

Last Buyer's Agent

Lori Anne Sorrentino

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019

Lot Details

  • Ocean Front

HOA Fees

  • $1,942 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,424 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Engineered Wood Flooring
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Terrace

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04-04002-0000-00001-0000-C0508

Community Details

Overview

  • High-Rise Condominium
  • Asbury Ocean Club Subdivision

Recreation

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Year Built

Built in 2019

Lot Details

0

HOA Fees

$1,942 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront
  • ResoPoolFeatures: Heated
  • Reso Association Amenities: Association, Exercise Room, Pool
  • Inclusions: Washer, Dryer
  • Subdivision Name: Asbury Ocean Club
  • Architectural Style: High Rise
  • Reso Flooring: Engineered
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr
  • Year Built: 2019
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Allowable Pet Size Limit: Yes
  • Ownership Type Condominium: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Foyer Floor - Engineered5: Yes
  • Living Room Floor - Engineered: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Quartz: Yes
  • GreatFamily Room Floor - Engineered4: Yes
  • Exterior Balcony2: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Heated3: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Terrace: Yes
  • WaterSewer Public Water: Yes
  • Style High Rise: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront: Yes
  • Exterior Features: Balcony, Terrace

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1942.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 04-04002-0000-00001-0000-C0508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2024
Sold by
Ap Block 176 Venture Urban Renewal Llc
Bought by
Asbury Ocean C Condominium
Current Estimated Value
$1,698,062

Purchase Details

Listed on
Nov 20, 2022
Closed on
May 8, 2023
Sold by
Ap Block 176 Venture Llc
Bought by
Shea Edward and Shea Cristina
Seller's Agent
Lori Anne Sorrentino
NRT New York, LLC
Buyer's Agent
Lori Anne Sorrentino
Gloria Nilson & Co. Real Estate
List Price
$1,325,000
Sold Price
$1,400,000
Premium/Discount to List
$75,000
5.66%
Views
144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Source: Public Records

Range of Values:

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Average Value
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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
Asbury Ocean C Condominium -- Stewart Title
Shea Edward $1,400,000 Break Water Title
Shea Edward $1,400,000 Break Water Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $1,400,000 +5.7% $983 / Sq Ft
04/25/2023 04/25/23 For Sale $1,325,000 0.0% $930 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
11/20/2022 11/20/22 For Sale $1,325,000 -- $930 / 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 -- $1,457,800 $437,300 $1,020,500
2024 -- $1,416,900 $425,100 $991,800
2023 -- $1,389,200 $416,800 $972,400
2022 $0 $1,324,300 $397,300 $927,000
2021 $0 $1,274,500 $382,300 $892,200
2020 $0 $1,238,200 $371,500 $866,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lori Anne Sorrentino

    NRT New York, LLC

See All Agents

About Asbury Ocean Club

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22235778

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-04002-0000-00001-0508-C0508

New Jersey Monmouth County Asbury Park 07712

1101 Ocean Ave Unit 508, Asbury Park, NJ

This home is located at 1101 Ocean Ave Unit 508, Asbury Park, NJ 07712 since 20 November 2022 and is currently estimated at $1,698,062, approximately $1,192 per square foot. This property was built in 2019. 1101 Ocean Ave Unit 508 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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