NOT LISTED FOR SALE

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

Estimated Value: $4,812,000 - $8,440,688

3 Beds
5 Baths
4,154 Sq Ft
$5,012/mo HOA Fee

Last Sold February 28, 2020

Last sale price $5,000,000 $1,204 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $50,542/month

165 Days on Market

Highlights

  • New Construction
  • Waterfront
  • Zoned Heating and Cooling
  • Outdoor Pool
  • Balcony
  • 3-minute walk to Asbury Spray Park

About This Home

As of February 2020

The Ultimate Beach View from the Crown Jewel | Penthouse D at Asbury Ocean Club is luxury living at its best. This one-of-a-kind duplex home exudes elegance with sweeping ocean views for miles down the coast and historical Asbury Park. With over 4,154 square feet of living space, this home features three bedrooms – all with direct access to the wraparound terrace - three baths and two powder rooms. The kitchen comes equipped with a Miele appliance suite, quartz countertops, custom cabinetry by Spazzi of Spain, 7'' wide plank white oak flooring throughout, and floor-to-ceiling hurricane impact windows. The expansive living and dining room have direct access to one of three outdoor rooms perfect for taking in the views and entertaining.With over 2242 square feet of outdoor space, the upper floor private ocean view terrace features a kitchen with a Viking gas range BBQ, outdoor shower with Hansgrohe fixtures, indoor sunroom, storage room and powder room. Asbury Ocean Club brings a whole new meaning to living the beach life with all the amenities you could wish for; ocean view fitness center, spa, pool deck with bar and grill, a fireplace and glass enclosed living room. There is simply nothing like this along the jersey coast.

Last Agent to Sell the Property

Lori Anne Sorrentino

NRT New York, LLC Listed on: 08/16/2019

Co-Listed By

Adam Hignite

NRT New York, LLC

Last Buyer's Agent

Mary McAllister

Prudential Zack Shore Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Waterfront

HOA Fees

  • $5,012 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 4,154 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Pool

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas

Community Details

  • Asbury Ocean Club Subdivision

Property Details

Home Type

Condominium

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$5,012 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Co List Office Mls Id: 3541
  • Co List Office Phone: 212-685-7777
  • Subdivision Name: Asbury Ocean Club
  • Architectural Style: Other - See Remarks
  • New Construction: Yes
  • Year Built: 2019
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Foundation Details: Slab

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 3.0
  • General Property Info:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 5012.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Feb 19, 2020
Sold by
Ap Block 176 Venture Urban Renewal Llc
Bought by
Evangelisti Joseph M
Seller's Agent
Lori Anne Sorrentino
NRT New York, LLC
Buyer's Agent
Mary McAllister
Prudential Zack Shore Properties
Sold Price
$5,000,000
Current Estimated Value
$7,106,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,106,896
Avg. Annual Appreciation
6.60%
Original Mortgage
$3,600,000
Outstanding Balance
$3,188,314
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,918,582
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Evangelisti Joseph M $5,000,000 Scott Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evangelist Joseph M $600,000
Open Evangelisti Joseph M $3,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $5,000,000 -- $1,204 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
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 -- $5,375,400 $1,612,600 $3,762,800
2024 -- $5,130,100 $1,539,000 $3,591,100
2023 -- $5,130,100 $1,539,000 $3,591,100
2022 $0 $4,896,500 $1,468,900 $3,427,600
2021 $0 $4,716,800 $1,415,000 $3,301,800
2020 $0 $4,585,900 $1,375,800 $3,210,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lori Anne Sorrentino

    NRT New York, LLC

  • A

    Seller Co-Listing Agent in 2020

    Adam Hignite

    NRT New York, LLC

  • M

    Buyer's Agent in 2020

    Mary McAllister

    Prudential Zack Shore Properties

See All Agents

About Asbury Ocean Club

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21933888

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-04002-0000-00001-1704-C1704

New Jersey Monmouth County Asbury Park 07712

1101 Ocean Ave Unit PHD, Asbury Park, NJ

This home is located at 1101 Ocean Ave Unit PHD, Asbury Park, NJ 07712 since 16 August 2019 and is currently estimated at $7,106,896, approximately $1,710 per square foot. This property was built in 2019. 1101 Ocean Ave Unit PHD 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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