NOT LISTED FOR SALE

601 Bangs Ave Unit 301 Asbury Park, NJ 07712

Estimated Value: $552,000

-- Bed
2 Baths
3,508 Sq Ft
$1,300/mo HOA Fee

Last Sold November 01, 2021

Last sale price $850,000 $242 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $5,383/month

15 Days on Market

Highlights

  • End Unit
  • Handicap Accessible
  • 2-minute walk to Kennedy Park
  • Home Security System
  • Forced Air Heating and Cooling System

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 third floor, which will be all yours, and design your dream Condo, with large windows on all four sides and high ceilings Or leave as offices. 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

  • $12,912

Lot Details

  • 0.48

HOA Fees

  • $1,300 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 3,508 Sq Ft Home
  • 1-Story Property
  • Home Security System

Parking

  • No Garage
  • Assigned Parking

Utilities

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

Additional Features

  • Handicap Accessible
  • End Unit

Community Details

  • Eureka Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-02505-0000-00004-301-C0301

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,912

Lot Details

0

HOA Fees

$1,300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: Eureka
  • Architectural Style: End Unit, One Level Unit
  • Property Attached Yn: Yes
  • General Property Info Waterview: 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
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Garage None4: Yes
  • SidingBrick: 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

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: None
  • General Property Info:Garage: No

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

Lot Info

  • Parcel #: 04-02505-0000-00004-301-C0301

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
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Total Days on Market
15
Current Estimated Value
$552,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$298,000
Original Mortgage
$1,360,000
Outstanding Balance
$1,248,820
Interest Rate
2.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 -5.5% $242 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $899,900 -- $257 / 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 $12,912 $918,700 $275,600 $643,100
2023 $12,912 $835,200 $250,600 $584,600
2022 $9,997 $759,300 $227,800 $531,500
2021 $9,997 $632,700 $189,800 $442,900
2020 $10,168 $645,600 $193,700 $451,900
2019 $10,146 $614,900 $184,500 $430,400
2018 $10,175 $571,000 $171,300 $399,700
2017 $8,769 $421,600 $126,500 $295,100
2016 $9,039 $421,600 $126,500 $295,100
2015 $11,668 $527,000 $173,900 $353,100
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

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22117082

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02505-0000-00004-301-C0301

New Jersey Monmouth County Asbury Park 07712

601 Bangs Ave Unit 301, Asbury Park, NJ

This home is located at 601 Bangs Ave Unit 301, Asbury Park, NJ 07712 since 03 June 2021 and is currently priced at $552,000, approximately $157 per square foot. 601 Bangs Ave Unit 301 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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