NOT LISTED FOR SALE

601 Bangs Ave Unit 201 Asbury Park, NJ 07712

Estimated Value: $557,000

-- Bed
2 Baths
3,468 Sq Ft
$1,300/mo HOA Fee

Last Sold November 01, 2021

Last sale price $850,000 $245 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $5,510/month

15 Days on Market

Highlights

  • End Unit
  • Crown Molding
  • Home Security System
  • Ceiling height of 9 feet on the main level
  • Resident Manager or Management On Site
  • 2-minute walk to Kennedy Park

About This Home

As of November 2021

This is truly the best opportunity in downtown Asbury Park. A blank canvas to make your massive private floor condominium. Located in the heart of town, overlooking Cookman Ave. This unit is in the historical Electric Building. As you enter into the building you will be greeted by the famous Pascal and Sabine restaurant which is located on the first level. Take the elevator up to the second floor, which will be all yours, and design your dream Condo, with large windows on all four sides and high ceilings. Or leave as office space. a few blocks to the beach, train, stone pony. A true Gem of the city.

Last Agent to Sell the Property

Joseph McMullen

Coldwell Banker Realty Listed on: 06/03/2021

Coldwell Banker Realty

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,611

Lot Details

  • End Unit

HOA Fees

  • $1,300 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 3,468 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Home Security System

Parking

  • No Garage
  • Assigned Parking

Accessible Home Design

  • Wheelchair Access
  • Handicap Accessible

Schools

  • Asbury Park Middle School
  • Asbury Park High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-02505-0000-00004-201-C0201

Community Details

Overview

  • Association fees include trash, common area, exterior maint, sewer, snow removal, water
  • Eureka Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,611

Lot Details

0

HOA Fees

$1,300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Extra Storage, Association, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Sewer, Snow Removal, Water
  • Subdivision Name: Eureka
  • Reso Accessibility Features: Wheelchair Access
  • Architectural Style: End Unit, One Level Unit
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Dec Molding, Elevator
  • Property Attached Yn: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Common Elements Extra Storage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Location Middle School: Asbury Park
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Garage None4: Yes
  • SidingBrick: Yes
  • Special Needs Wheelchair Access: Yes
  • Style End Unit: Yes
  • Exterior Security System3: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Features-Interior:Elevator: Yes

Exterior Features

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

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • General Property Info:Garage: No
  • 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: 1300.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Parcel #: 04-02505-0000-00004-201-C0201
  • Zoning Description: Professional, Residential

MLS Schools

  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Oct 26, 2021
Sold by
601 Bangs Five Llc
Bought by
601 Bangs 2N3 Llc
Seller's Agent
Joseph McMullen
Coldwell Banker Realty
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$879,900
Sold Price
$850,000
Premium/Discount to List
-$29,900
-3.4%
Current Estimated Value
$557,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$293,000
Original Mortgage
$1,360,000
Outstanding Balance
$1,259,215
Interest Rate
2.99%
Mortgage Type
Commercial
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
601 Bangs 2N3 Llc $1,700,000 Trident Abstract Ttl Agcy Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 601 Bangs 2N3 Llc $1,360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $850,000 -3.4% $245 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $879,900 -- $254 / 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 $13,611 $968,500 $290,500 $678,000
2023 $13,611 $880,400 $264,100 $616,300
2022 $10,539 $800,400 $240,100 $560,300
2021 $10,539 $667,000 $200,100 $466,900
2020 $10,719 $680,600 $204,200 $476,400
2019 $10,695 $648,200 $194,500 $453,700
2018 $10,726 $601,900 $180,600 $421,300
2017 $9,246 $444,500 $133,400 $311,100
2016 $9,530 $444,500 $133,400 $311,100
2015 $12,301 $555,600 $183,300 $372,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joseph McMullen

    Coldwell Banker Realty

    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2021

    NON MEMBER MORR

    NON MEMBER

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22117078

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02505-0000-00004-201-C0201

New Jersey Monmouth County Asbury Park 07712

601 Bangs Ave Unit 201, Asbury Park, NJ

This home is located at 601 Bangs Ave Unit 201, Asbury Park, NJ 07712 since 03 June 2021 and is currently priced at $557,000, approximately $160 per square foot. 601 Bangs Ave Unit 201 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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