NOT LISTED FOR SALE

1615 Park Ave Unit 2E Asbury Park, NJ 07712

Estimated Value: $657,000 - $829,000

2 Beds
2 Baths
1,275 Sq Ft
$721/mo HOA Fee

Last Sold March 22, 2023

Last sale price $601,000 $471 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,541/month

22 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Eat-In Kitchen
  • New Kitchen
  • Marble Countertops
  • Multiple cooling system units

About This Home

As of March 2023

RARE OPPORTUNITY! Now is your chance to own a 2 bed/2 full bath condo in the Presidential—one of the most highly sought-after buildings in Asbury Park! This Beautifully updated condo is appointed with new windows, modern finishes, a versatile open layout & beautiful natural light. Prepare great meals in your Updated Chef's Kitchen complete with porcelain tiles, white cabinetry, marble countertops, JENN-AIR stainless-steel appliances & a large pantry with custom barndoors. The open floor plan is perfect for entertaining with beautiful wood floors throughout. Spacious bedrooms with great closet space & beautiful updated baths with timeless finishes. HOA Includes Heat, Gas & Electric. Common areas feature security front doors, modern lobby, laundry room, bike and storage unit, parking lot/garage and the beautifully landscaped court yard area that offers grills and picnic tables for alfresco dining. Conveniently located to Downtown & NY Transit & Best of all, only 2.5 blocks from Asbury Park's Award-Winning Beaches & Boardwalk!

Last Agent to Sell the Property

Kristin Weber

Keller Williams Realty East Monmouth Listed on: 02/01/2023

Last Buyer's Agent

Theresa Neugold

Berkshire Hathaway HomeServices Fox & Roach - Livingston License #1542342

Berkshire Hathaway HomeServices Fox & Roach - Livingston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,634

Year Built

  • Built in 1963

Lot Details

  • 174

HOA Fees

  • $721 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,275 Sq Ft Home
  • 1-Story Property
  • Home Security System
  • Basement

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Outdoor Grill

Location

  • Upper Level

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04-03707-0000-00002-17-C0205

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, electricity, exterior maint, heat, lawn maintenance, snow removal, gas
  • High-Rise Condominium
  • Presidential Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,634

Year Built

Built in 1963

Lot Details

0

HOA Fees

$721 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Common Laundry, Association, Common Access, Common Area
  • Reso Association Fee Includes: Trash, Electricity, Exterior Maint, Heat, Lawn Maintenance, Snow Removal, Gas
  • Subdivision Name: Presidential
  • Architectural Style: High Rise, Upper Level, Condo
  • Reso Interior Features: Elevator
  • Year Built: 1963
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Exterior Maint: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Exterior Storage: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • SidingBrick: Yes
  • Kitchen Eat-In: Yes
  • Exterior BBQ: Yes
  • Cooling Multi Units: Yes
  • Kitchen Floor - Porcelain4: Yes
  • Exterior Security System3: Yes
  • Kitchen Marble4: Yes
  • Common Elements Common Laundry: Yes
  • Style High Rise: Yes
  • Fee Includes Electricity3: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Kitchen Pantry: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: BBQ, Security System, Storage
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 721.11
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Heat: Yes

Lot Info

  • Parcel #: 04-03707-0000-00002-17-C0205

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6634.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Hedges Patrick J and Scheer Ann B
Bought by
Hedges Patrick J and Scheer Ann B
Current Estimated Value
$739,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,790
Outstanding Balance
$471,548
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$267,882

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 16, 2023
Sold by
Battaglino Raymond and Battaglino Patricia
Bought by
Hedges Patrick J and Scheer Ann B
Seller's Agent
Kristin Weber
Keller Williams Realty East Monmouth
Buyer's Agent
Theresa Neugold
Berkshire Hathaway HomeServices Fox & Roach - Livingston
List Price
$559,000
Sold Price
$601,000
Premium/Discount to List
$42,000
7.51%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$450,750
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2000
Sold by
Nittolo Joseph
Bought by
Fee Betsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,762
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 1997
Sold by
Rosas Dale
Bought by
Nittolo Joseph
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
Hedges Patrick J -- None Listed On Document
Hedges Patrick J $601,000 Counsellors Title
Fee Betsy $55,000 --
Nittolo Joseph $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedges Patrick J $476,790
Previous Owner Hedges Patrick J $450,750
Previous Owner Battaglino Raymond $175,000
Previous Owner Fee Betsy A $29,700
Previous Owner Fee Betsy A $132,000
Previous Owner Fee Betsy $53,762
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $601,000 +7.5% $471 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $559,000 +124.5% $438 / Sq Ft
06/29/2016 06/29/16 Sold $249,000 -- $201 / 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 $9,584 $666,400 $199,900 $466,500
2024 $7,577 $605,800 $181,700 $424,100
2023 $7,577 $490,100 $147,000 $343,100
2022 $6,121 $426,100 $127,800 $298,300
2021 $6,121 $387,400 $116,200 $271,200
2020 $5,547 $352,200 $105,700 $246,500
2019 $5,052 $306,200 $91,900 $214,300
2018 $4,662 $261,600 $78,500 $183,100
2017 $4,591 $220,700 $66,200 $154,500
2016 $3,310 $154,400 $46,300 $108,100
2015 $3,815 $172,300 $56,900 $115,400
2014 $3,595 $165,900 $54,700 $111,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kristin Weber

    Keller Williams Realty East Monmouth

  • T

    Buyer's Agent in 2023

    Theresa Neugold

    Berkshire Hathaway HomeServices Fox & Roach - Livingston

    Section Image

  • S

    Seller's Agent in 2016

    Susan McCarthy

    Diane Turton, Realtors-Spring Lake

    (732) 449-4441

    11 in this area

    17 Total Sales

    Susan McCarthy
    Section Image

  • N

    Buyer's Agent in 2016

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2016

    NON MEMBER MORR

    NON MEMBER

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22302391

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03707-0000-00002-17-C0205

New Jersey Monmouth County Asbury Park 07712

1615 Park Ave Unit 2E, Asbury Park, NJ

This home is located at 1615 Park Ave Unit 2E, Asbury Park, NJ 07712 since 01 February 2023 and is currently estimated at $739,430, approximately $579 per square foot. This property was built in 1963. 1615 Park Ave Unit 2E 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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