NOT LISTED FOR SALE

516 Cookman Ave Unit 2A Asbury Park, NJ 07712

Estimated Value: $697,154 - $737,000

1 Bed
1 Bath
1,272 Sq Ft
$225/mo HOA Fee

Last Sold April 23, 2021

Last sale price $539,000 $424 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,906/month

15 Days on Market

Highlights

  • Lake Front
  • Bay View
  • Beamed Ceilings
  • Lake On Lot
  • Wood Flooring
  • 1-minute walk to Kennedy Park

About This Home

As of April 2021

Updated downtown living along the Jersey Shore! This 1272 sq. foot spacious loft located on Cookman Avenue just 2 blocks from the Asbury Park beach and boardwalk is perfect living along the shore! Features include one bedroom, an updated kitchen with Cambria quartz counter tops, new marble bathroom, exposed brick wall, hardwood flooring throughout with parquet inlay in front of a large gas fireplace, new washer and dryer, new HVAC (2017) and a beautiful outdoor balcony off the kitchen that overlooks Wesley Lake! Located in the heart of town, enjoy the wide array of delicious dining, shops, or even a farmers market next door in Kennedy park, this condo has everything the Jersey Shore lifestyle has to offer!

Last Agent to Sell the Property

Christopher Casucci

Robert DeFalco Realty Inc. License #0338636 Listed on: 02/09/2021

Robert DeFalco Realty Inc.

Last Buyer's Agent

Katie Roberts

Keller Williams Realty East Monmouth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,574

Year Built

  • Built in 1940

Lot Details

  • Lake Front

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Mirrored Walls
  • Wood Roof
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Bay Window
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Dining Room with Fireplace
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Lake On Lot
  • Balcony
  • Exterior Lighting

Schools

  • Bangs Avenue Elementary School
  • Asbury Park Middle School

Utilities

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

Listing and Financial Details

  • Exclusions: personal belongings
  • Assessor Parcel Number 04-03105-0000-00008-02-C0201

Community Details

Overview

  • Association fees include common area, exterior maint, fire/liab, mgmt fees, snow removal
  • 4 Units
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,574

Year Built

Built in 1940

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Association, No Pool
  • Reso Association Fee Includes: Common Area, Exterior Maint, Fire/Liab, Mgmt Fees, Snow Removal
  • Inclusions: Window Treatments, Blinds/Shades, Stove, Stove Hood, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: One Level Unit, Condo
  • Reso Flooring: Wood
  • Reso Interior Features: Bay/Bow Window, Built-Ins, Ceilings - Beamed, Dec Molding, Wall Mirror, Recessed Lighting
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.02
  • Location Middle School: Asbury Park
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Interior Wall Mirror: Yes
  • Living Room BayBow Window2: Yes
  • General Property Info # UnitsBldgs: 4.0
  • Interior Ceilings - Beamed: Yes
  • Siding Wood2: Yes
  • Dining Room Built-Ins3: Yes
  • Water Type Lake: Yes
  • Dining Room Fireplace - Gas6: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Roof Rubber Roll: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Refrigerator: Yes
  • Other Rooms:Foyer: Yes
  • OtherRoomsOther2: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Rubber, Wood
  • Acres: 0.02
  • Waterfront Features: Lake
  • Waterfront: No
  • Exclusions: personal belongings
  • Exterior Features: Balcony, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Other, On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: 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

  • Senior Community: No
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 04-03105-0000-00008-02-C0201
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6574.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Bangs Avenue

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Apr 15, 2021
Sold by
Merenda Steven and Merenda Michelle
Bought by
Keegan Alexis N
Seller's Agent
Christopher Casucci
Robert DeFalco Realty Inc.
Buyer's Agent
Katie Roberts
Keller Williams Realty East Monmouth
List Price
$529,000
Sold Price
$539,000
Premium/Discount to List
$10,000
1.89%
Current Estimated Value
$714,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,289
Avg. Annual Appreciation
6.88%
Original Mortgage
$296,450
Outstanding Balance
$270,930
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$443,359
Source: Public Records

Range of Values:

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List 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
Keegan Alexis N $539,000 All Ahead Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keegan Alexis N $296,450
Previous Owner Merenda Steven $256,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $539,000 +1.9% $424 / Sq Ft
02/24/2021 02/24/21 For Sale $529,000 0.0% $416 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $529,000 +64.8% $416 / Sq Ft
11/24/2016 11/24/16 Sold $321,000 -- $252 / 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
2024 $8,832 $628,400 $188,500 $439,900
2023 $8,832 $571,300 $171,400 $399,900
2022 $5,292 $519,300 $155,800 $363,500
2021 $5,292 $439,200 $131,800 $307,400
2020 $6,588 $418,300 $125,500 $292,800
2019 $6,574 $398,400 $119,500 $278,900
2018 $6,642 $372,700 $111,800 $260,900
2017 $6,415 $308,400 $92,500 $215,900
2016 $6,494 $302,900 $90,900 $212,000
2015 $5,832 $263,400 $86,900 $176,500
2014 $6,265 $289,100 $95,400 $193,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22103499

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03105-0000-00008-02-C0201