$640,000
SOLD JUN 6, 2024

707 Bangs Ave Unit 302 Asbury Park, NJ 07712

1 Bed
2 Baths
1,408 Sq Ft
$336/mo HOA Fee

Recently Sold

$455 Per Sq Ft

1% Below List Price

14 Days on Market

Highlights

  • Tankless Water Heater
  • 1 Car Garage
  • 4-minute walk to Kennedy Park
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

The Mercury is located on the corner of Bangs and Bond in downtown Asbury park. Unit comes with a private indoor parking garage with assigned space, elevator, central A/C, washer/dryer, high ceilings, recessed lighting, modern ceiling fans, walnut colored flooring throughout the LR, bedrooms with custom walk-in closets and adj. lighting. Open kitchen w/ high-end appliances, stone countertops and European lacquer cabinets. Baths feature deep soaking tubs, glass shower enclosures, Toto and Kohler fixtures, Danze shower controls, large vanity mirrors.

Last Agent to Sell the Property

Pat Fasano

Fasano Realty License #1224101 Listed on: 04/09/2024

Last Buyer's Agent

Theodore Rosenblatt

Weichert Realtors-Spring Lake License #2186529

Weichert Realtors-Spring Lake

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,585

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Rubber Roof

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • The Mercury Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-02506-0000-00005-302-C0302

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,585

Lot Details

0

HOA Fees

$336 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: The Mercury
  • Architectural Style: Other - See Remarks
  • 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
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.23
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Roof Rubber Roll: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Rubber
  • Acres: 0.23
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 335.63
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 04-02506-0000-00005-302-C0302

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8585.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 17, 2024
Sold by
707 Bangs Llc
Bought by
Krone Derek
Seller's Agent
Pat Fasano
Fasano Realty
Buyer's Agent
Theodore Rosenblatt
Weichert Realtors-Spring Lake
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Total Days on Market
14
Views
46
Current Estimated Value
$670,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,102
Avg. Annual Appreciation
4.80%
Original Mortgage
$200,000
Outstanding Balance
$193,925
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$476,177
Source: Public Records

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Range of Values:

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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
Deed $640,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $640,000 -1.4% $455 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $649,000 -- $461 / 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 $8,585 $610,800 $183,200 $427,600
2023 $8,585 $555,300 $166,600 $388,700
2022 $7,064 $482,800 $144,800 $338,000
2021 $7,064 $447,100 $134,100 $313,000
2020 $6,706 $425,800 $127,700 $298,100
2019 $6,273 $380,200 $114,100 $266,100
2018 $6,347 $356,200 $106,900 $249,300
2017 $6,444 $309,800 $92,900 $216,900
2016 $6,098 $284,400 $85,300 $199,100
2015 $6,235 $281,600 $92,900 $188,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Pat Fasano

    Fasano Realty

    (732) 476-8216

    2 in this area

    3 Total Sales

    Pat Fasano
    Section Image
  • Theodore Rosenblatt

    Buyer's Agent in 2024

    Theodore Rosenblatt

    Weichert Realtors-Spring Lake

    (908) 370-2448

    3 in this area

    15 Total Sales

    Theodore Rosenblatt
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22409581

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02506-0000-00005-302-C0302

New Jersey Monmouth County Asbury Park 07712

707 Bangs Ave Unit 302, Asbury Park, NJ

This home is located at 707 Bangs Ave Unit 302, Asbury Park, NJ 07712 and is currently priced at $640,000, approximately $454 per square foot. 707 Bangs Ave Unit 302 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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