$490,000
SOLD SEP 12, 2025

302 5th Ave Unit 18 Asbury Park, NJ 07712

1 Bed
1 Bath
789 Sq Ft
$450/mo HOA Fee

Recently Sold

$621 Per Sq Ft

2% Below List Price

23 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Quartz Countertops
  • Lake On Lot
  • Wood Flooring
  • 1-minute walk to Sunset Lake Memorial Park

About This Home

As of September 2025

The heart of this spacious 800 sq ft home is the stunningly renovated open kitchen, featuring glossy flat front white upper cabinetry contrasted by rich brown lower cabinets. The centerpiece is the striking waterfall edge quartz countertops, perfectly complemented by an aquamarine tile backsplash, creating a sleek and contemporary look. The home also features a South facing balcony bringing incredible light into the home.

Parking is a breeze with the convenience of included assigned parking, along with additional street parking for guests. This residence offers a harmonious blend of style and functionality, ideal for those seeking a modern yet budget friendly home near the beach and boardwalk with a low HOA fee.

Last Agent to Sell the Property

Adam Hignite

Compass New Jersey LLC License #0453869 Listed on: 07/06/2025

Compass New Jersey LLC

Co-Listed By

Robert Lobiondo

Compass New Jersey LLC License #1862980

Last Buyer's Agent

Travis Newarski

Space & Company License #1007962

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,244

Year Built

  • Built in 1960

Lot Details

  • Waterfront

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Mid Level
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Sliding Doors
  • Wood Flooring
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Lake On Lot
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-03505-0000-00004-16-C0318

Community Details

Overview

  • Association fees include common area, exterior maint, heat, mgmt fees, snow removal, water, gas
  • The Capri Subdivision, 1 Bed 1 Bath Floorplan
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,244

Year Built

Built in 1960

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: 1 bed 1 bath
  • Reso Association Amenities: Laundry, Association
  • Reso Association Fee Includes: Common Area, Exterior Maint, Heat, Mgmt Fees, Snow Removal, Water, Gas
  • Co List Office Mls Id: 4306
  • Co List Office Phone: 732-936-5248
  • Subdivision Name: The Capri
  • Architectural Style: Middle Level
  • Reso Flooring: Wood
  • Reso Interior Features: Balcony
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1960
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • 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
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • Exterior Balcony2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Garage None4: Yes
  • Kitchen Floor - Wood4: Yes
  • Cooling Multi Units: Yes
  • Dining Room Sliding Door3: Yes
  • Water Type Lake: Yes
  • Common Elements Common Laundry: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • BasementOther: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Exterior Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: 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: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 04-03505-0000-00004-16-C0318
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6244.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2025
Closed on
Sep 11, 2025
Sold by
Marshall Ronald D
Bought by
Rayburn Allison T and Rayburn Leah R
Seller's Agent
Adam Hignite
Compass New Jersey LLC
Buyer's Agent
Travis Newarski
Space & Company
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.29%
Original Mortgage
$367,500
Outstanding Balance
$367,500
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$121,591
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $490,000 Kelly Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Sold $490,000 -1.8% $621 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
07/06/2025 07/06/25 For Sale $499,000 -- $632 / 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 $6,244 $434,100 $130,200 $303,900
2024 $5,547 $394,700 $118,400 $276,300
2023 $5,547 $358,800 $107,600 $251,200
2022 $5,298 $335,300 $100,600 $234,700
2021 $5,298 $335,300 $100,600 $234,700
2020 $5,344 $339,300 $101,800 $237,500
2019 $4,166 $252,500 $75,700 $176,800
2018 $4,218 $236,700 $71,000 $165,700
2017 $4,185 $201,200 $60,400 $140,800
2016 $3,891 $181,500 $54,500 $127,000
2015 $3,930 $177,500 $58,600 $118,900
2014 $4,275 $197,300 $65,100 $132,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22519393

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03505-0000-00004-16-C0318