For sale

Price cut: $51K (7/10)

$749,000

501 Grand Avenue #405, Asbury Park, NJ 07712

1beds

1,311sqft

$5,625/mo

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Condominium

Built in 1930

-- sqft lot

$735,900 Zestimate^®

$571/sqft

$833/mo HOA

What's special

Updated kitchenAssigned gated parkingPrivate bathHardwood floorsExceptionally spacious corner residenceAbundant natural lightWalk-in closet

Fantastic opportunity to own an exceptionally spacious corner residence in the distinctive Asbury Grand, a historic landmark building in the heart of downtown Asbury Park. Completely renovated in 2005, with this unit beautifully updated in 2018, this 1-bedroom, 2-full-bath condo offers an open floor plan, 9-foot ceilings, hardwood floors, abundant natural light, and in-unit laundry. The updated kitchen features a center island, stone countertops, and pantry. The spacious primary suite includes a walk-in closet and private bath. Enjoy elevator access, controlled entry, a fitness center, and assigned gated parking. Just blocks from the beach, boardwalk, Cookman Avenue, dining, shopping, and nightlife. Perfect as a primary residence or coastal getaway.

93 days

301

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas

Cooling

Central Air

Features

Recessed Lighting
Flooring: Wood
Basement: None

Interior area

Total structure area: 1,311
Total interior livable area: 1,311 sqft

Property

Parking

Total spaces: 1
Parking features: Paved, See Remarks, Asphalt, Assigned, Common, Off Street, None

Features

Levels: One,Upper Level
Stories: 1
Entry location: Upper Level
Exterior features: Controlled Access

Lot

Features: Corner Lot

Details

Parcel number: 040320800000000518C0405
Zoning description: Residential, Condo

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick
Roof: Flat

Condition

Year built: 1930

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Asbury Grand

HOA

Has HOA: Yes
Services included: Common Area, Snow Removal, Water
HOA fee: $833 monthly

Location

Region: Asbury Park

Financial & listing details

Price per square foot: $571/sqft
Tax assessed value: $660,400
Annual tax amount: $11,570
Date on market: 5/25/2026
Inclusions: Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator
Exclusions: See Notes.

Estimated market value

$735,900

$699,000 - $773,000

$3,872/mo

Price history

Date	Event	Price
7/10/2026	Price change	$749,000-6.4%$571/sqft
Source: MoreMLS #22615406 Report a problem
5/25/2026	Listed for sale	$799,999+56.2%$610/sqft
Source: MoreMLS #22615406 Report a problem
10/4/2005	Sold	$512,000$391/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,448 +5%	$660,400 +5%
2024	$9,951 +11.9%	$629,000 +9.4%
2023	$8,890 +14.2%	$575,000 +15%
2022	$7,785 -3%	$500,000 -1.6%
2021	$8,026 +1.4%	$508,000 +3%
2020	$7,918 +43.3%	$493,200 +2.8%
2019	$5,526	$479,900 +54.8%
2018	$5,526 -19.2%	$310,100 -20.6%
2017	$6,839 +1.7%	$390,600 +22.4%
2016	$6,726 +47.2%	$319,000 +5%
2015	$4,568 -31.7%	$303,800 +44.1%
2014	$6,686	$210,800