$600,000
SOLD AUG 26, 2022

707 Bangs Ave Unit 402 Asbury Park, NJ 07712

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

Recently Sold

3% Above List Price

93 Days on Market

Highlights

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

About This Home

As of August 2022

Condo Living at its best in the sought after Mercury Building in Downtown Asbury Park. This bright open floor plan unit has hardwood floors throughout, floor & ceiling windows, modern kitchen with granite countertops newer appliances. Large pantry with custom shelving , washer & dryer. Master bedroom has a custom closet and spa like master bath, office/den with full walk-in closet 2nd full bathroom . Unit has 2 built-in ethanol fireplaces .Assigned indoor parking . Additional Storage. Most reasonable maintenance fees in the area. EV charging stations coming soon .

Last Agent to Sell the Property

Suzanne Fiorello

Keller Williams Realty Monmouth/Ocean License #1649670 Listed on: 06/14/2022

Last Buyer's Agent

Robert Mark McDonald

Prudential Zack Shore Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,325

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Flat Roof Shape
  • Rubber Roof

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Blinds
  • Window Screens
  • Den
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

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: Personal Property & Window Treatments
  • Assessor Parcel Number 04-02506-0000-00005-402-C0402

Community Details

Overview

  • Association fees include trash, common area, exterior maint, fire/liab, mgmt fees
  • 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

$7,325

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, Blinds/Shades, Dishwasher, Dryer, Microwave, Refrigerator, Screens, Intercom
  • Subdivision Name: The Mercury
  • Architectural Style: One Level Unit, Upper Level
  • Reso Interior Features: Den, Elevator, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Contract Info New Construction: No
  • 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
  • Exterior Controlled Access: Yes
  • General Property Info Acreage: 0.23
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Dogs: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Screens: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Intercom: 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 Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features-Interior:Elevator: 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: Personal Property & Window Treatments
  • Exterior Features: Controlled Access, Lighting
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Covered, Underground
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • 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: 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: 2021
  • Tax Annual Amount: 7325.0

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
5.30%
Original Mortgage
$480,000
Outstanding Balance
$458,767
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$242,125

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
2025 $10,020 $665,100 $199,500 $465,600
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: 22209727

MOREMLS (Monmouth Ocean Regional REALTORS®)

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