NOT LISTED FOR SALE

510 Monroe Ave Unit 401 Asbury Park, NJ 07712

Estimated Value: $712,000 - $832,101

1 Bed
2 Baths
1,493 Sq Ft
$618/mo HOA Fee

Last Sold February 11, 2022

Last sale price $625,000 $419 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,860/month

214 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Terrace
  • Outdoor Pool
  • End Unit
  • 2-minute walk to Kennedy Park

About This Home

As of February 2022

A COUPLE OF BLOCKS TO BOTH THE DOWNTOWN AND BEACH, THE BLU IS ONE OF THE MOST GLAMOROUS ADDITIONS TO ASBURY PARK'S DOWNTOWN CONDO DEVEPOLMENT. IT'S SOUTH BEACH STYLE ARCHITECTURE OFFERS GATED ON SITE PARKING, GLASS BALCONIES, FITNESS FACILITY, BIKE STORAGE, PRIVATE STORAGE, ROOFTOP DECK WITH POOL AND LUXURIOUS OPEN FLOOR PLANS. INTERIOR FEATURES INCLUDE GOURMET KITCHENS WITH CUSTON CABS AND STONE COUNTERTOPS WITH GE STAINLESS APPLIANCES, CUSTOM TRAVERTINE BATHS, ENERGY AND SAFETY PACKAGE FEATURES AND A GREAT DEAL MORE

Last Agent to Sell the Property

Samuel Boyd

Berkshire Hathaway HomeServices Signature Properties License #0227191 Listed on: 11/19/2021

Last Buyer's Agent

Lori Eipel

RE/MAX Revolution License #1865716

RE/MAX Revolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,943

Lot Details

  • 348

HOA Fees

  • $618 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 1,493 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Blinds
  • Window Screens
  • Sliding Doors
  • Storage
  • Dryer
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Intercom

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Assigned Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Terrace
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Handicap Accessible
  • End Unit
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 04-03208-0000-00003-15-c0401

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, pool, snow removal, water
  • 24 Units
  • High-Rise Condominium
  • The Blu Subdivision
  • On-Site Maintenance

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,943

Lot Details

0

HOA Fees

$618 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Professional Management, Association, Exercise Room, Pool, Playground
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Pool, Snow Removal, Water
  • Inclusions: Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garbage Disposal, Gas Cooking, Intercom
  • Subdivision Name: The Blu
  • Architectural Style: End Unit, High Rise, One Level Unit, Upper Level
  • Reso Flooring: Linoleum/Vinyl
  • Reso Interior Features: Balcony, Elevator, Fitness, Sliding Door
  • 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: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Exterior Terrace: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Screens: Yes
  • Common Elements Playground: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Handicap Acc: Yes
  • Included Garbage Disposal: Yes
  • Style End Unit: Yes
  • General Property Info # UnitsBldgs: 24.0
  • Included Intercom: Yes
  • Interior Fitness: Yes
  • SidingStucco: Yes
  • Style High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Stories: 1
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exterior Features: Balcony, Outdoor Shower, Private Storage, Terrace, Lighting
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Off Street
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 618.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 04-03208-0000-00003-15-c0401
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8943.0

Multi Family

  • Number Of Units Total: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 8, 2022
Sold by
Salvia Ciro R and Salvia Dayna R
Bought by
Saadoun Serge and Soto Arif
Seller's Agent
Samuel Boyd
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Lori Eipel
RE/MAX Revolution
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Current Estimated Value
$777,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,275
Avg. Annual Appreciation
6.35%
Original Mortgage
$500,000
Outstanding Balance
$465,171
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$312,104
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
Saadoun Serge $625,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saadoun Serge $500,000
Previous Owner Mcannally Dayna R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $625,000 -10.6% $419 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $699,000 +11.8% $468 / Sq Ft
07/14/2021 07/14/21 Off Market $625,000 -- --
04/19/2021 04/19/21 For Sale $699,000 +180.7% $468 / Sq Ft
05/04/2012 05/04/12 Sold $249,000 -- $167 / 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 $12,183 $808,600 $242,600 $566,000
2024 $11,340 $770,100 $231,000 $539,100
2023 $11,340 $733,500 $220,000 $513,500
2022 $10,328 $666,800 $200,000 $466,800
2021 $10,328 $653,700 $196,100 $457,600
2020 $9,806 $622,600 $186,800 $435,800
2019 $8,943 $542,000 $162,600 $379,400
2018 $8,780 $492,700 $147,800 $344,900
2017 $7,143 $343,400 $103,000 $240,400
2016 $6,664 $310,800 $93,200 $217,600
2015 $6,372 $287,800 $95,000 $192,800
2014 $5,300 $244,600 $80,700 $163,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Samuel Boyd

    Berkshire Hathaway HomeServices Signature Properties

  • Lori Eipel

    Buyer's Agent in 2022

    Lori Eipel

    RE/MAX Revolution

    (908) 347-3801

    2 in this area

    69 Total Sales

    Lori Eipel
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22111752

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03208-0000-00003-15-C0401

New Jersey Monmouth County Asbury Park 07712

510 Monroe Ave Unit 401, Asbury Park, NJ

This home is located at 510 Monroe Ave Unit 401, Asbury Park, NJ 07712 since 19 November 2021 and is currently estimated at $777,275, approximately $520 per square foot. 510 Monroe Ave Unit 401 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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