$490,000
SOLD JUL 31, 2020

707 Bangs Ave Unit 402 Asbury Park, NJ 07712

1 Bed
2 Baths
1,406 Sq Ft
$305/mo HOA Fee

Recently Sold

$349 Per Sq Ft

2% Below List Price

13 Days on Market

Highlights

  • New Kitchen
  • Granite Countertops
  • Breakfast Bar
  • Wood Flooring
  • Intercom
  • 4-minute walk to Kennedy Park

About This Home

As of August 2022

Life at The Mercury is downtown Asbury Park living at its best! Located walking distance from Cookman Ave, the local train station, and Asbury's beautiful beaches - you have everything at your fingertips. Bright and airy with eastern exposure, this 1,408 sq ft condo shows like a model home. The moment you walk through the front door you are greeted by gorgeous hardwood floors throughout, a modern kitchen with new appliances, and an open floor plan. The master bedroom provides plenty of closet space with custom mahogany built-ins and a luxurious master bathroom. Additional features include a 2nd full bath, office/den with walk-in closet, full size washer and dryer, on-site storage, indoor parking garage, and bike rack. Video Tour:

Last Agent to Sell the Property

Travis Newarski

Berkshire Hathaway HomeServices Signature Properties Listed on: 05/15/2020

Last Buyer's Agent

Suzanne Fiorello

Keller Williams Realty East Monmouth License #1649670

Keller Williams Realty East Monmouth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,504

HOA Fees

  • $305 Monthly HOA Fees

Parking

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

Home Design

  • Flat Roof Shape
  • Rubber Roof

Interior Spaces

  • 1,406 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Window Screens
  • Wood Flooring

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Utilities

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

Additional Features

  • Exterior Lighting
  • Upper Level

Listing and Financial Details

  • Exclusions: Owners Personal Possesions
  • Assessor Parcel Number 04-02506-0000-00005-402-C0402

Community Details

Overview

  • Association fees include trash, common area, exterior maint, fire/liab, mgmt fees
  • 18 Units
  • The Mercury Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,504

Lot Details

0

HOA Fees

$305 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Extra Storage, Controlled Access, Association, Common Access, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Mgmt Fees
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Refrigerator, Screens, Gas Cooking, Intercom
  • Subdivision Name: The Mercury
  • Architectural Style: One Level Unit, Upper Level
  • Reso Flooring: See Remarks, Other
  • Reso Interior Features: Security System, Breakfast Bar, Recessed Lighting
  • 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
  • Common Elements Common Area: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Extra Storage: Yes
  • Garage Underground Garage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.23
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Floor - Wood4: Yes
  • General Property Info # UnitsBldgs: 18.0
  • Included Intercom: Yes
  • Roof Rubber Roll: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Security System: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Rubber, Flat
  • Acres: 0.23
  • Waterfront: No
  • Exclusions: Owners Personal Possesions
  • Exterior Features: Lighting
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

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

  • Association Fee: 305.12
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 04-02506-0000-00005-402-C0402
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6504.0

Multi Family

  • Number Of Units Total: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 24, 2022
Sold by
James Fiorello Christian
Bought by
Denoble Fabiana A and Denoble Mark J
Seller's Agent
Suzanne Fiorello
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
Robert Mark McDonald
Prudential Zack Shore Properties
List Price
$585,000
Sold Price
$600,000
Premium/Discount to List
$15,000
2.56%
Views
3
Current Estimated Value
$700,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,892
Avg. Annual Appreciation
5.44%
Original Mortgage
$480,000
Outstanding Balance
$459,403
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$243,560

Purchase Details

Listed on
Dec 31, 2013
Closed on
May 5, 2014
Sold by
707 Bangs Llc
Bought by
Cassiliano Michael J
Seller's Agent
Pat Fasano
Fasano Realty
Buyer's Agent
Travis Newarski
John C. Conover Agency
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
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 $600,000 Old Republic Title
Condominium Deed $300,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $600,000 +2.6% --
07/08/2022 07/08/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $585,000 0.0% --
04/18/2022 04/18/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $585,000 +19.4% --
07/31/2020 07/31/20 Sold $490,000 -2.0% $349 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $499,900 +66.6% $356 / Sq Ft
05/12/2014 05/12/14 Sold $300,000 -- --
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 $8,902 $633,400 $190,000 $443,400
2023 $8,902 $575,800 $172,700 $403,100
2022 $7,325 $500,700 $150,200 $350,500
2021 $7,325 $463,600 $139,100 $324,500
2020 $6,954 $441,500 $132,400 $309,100
2019 $6,504 $394,200 $118,300 $275,900
2018 $6,636 $372,400 $111,700 $260,700
2017 $6,735 $323,800 $97,100 $226,700
2016 $6,402 $298,600 $89,600 $209,000
2015 $6,547 $295,700 $97,600 $198,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22015267

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02506-0000-00005-402-C0402