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217 Alpern Avenue, Elberon, NJ, 07740

8beds
7baths
8,000sqft
$5,975,000
$747price/sqft
$40,180/moest. monthly cost
$1,607,200/yrincome needed

About This Home

An Architectural Masterpiece - One Of Kind New Luxury Construction Home w/8,000 Sq Ft.. Large Gourmet Kitchen, Dining Room, 8 Bedrooms 7 Bathrooms 2 Story Family Room w/Floor to Ceiling Windows, Study, Play Room, 2nd Floor has Gorgegous Balcony Over looking the Pool. Master Suite Has Large Walk In Closet, and Private Spa Like Bathroom, Large 2nd Floor Balcony w/Views of Pool. Finished Basement Private Oasis Backyard with ngorund Pool. Many Amenties Throughout The House. BUYER CAN CHOOSE FINISHES. House Will By End of 2026

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

7/10
5/10
6/10
Ocean Twp High SchoolGrades 9-121.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom,Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 7
  • Full bathrooms: 7

Heating & Cooling

  • Heating features: 2 Zoned Heat
  • Cooling features: 2 Zoned AC

Interior Area

  • Total structure area: 8,000
  • Total interior livable area: 8,000 sqft

Property

Details

  • Parcel number: 3700009000000078
  • Exclusions: Personal Items

Features

  • Stories: 2
  • Exterior features: Swimming

Lot

  • Lot size: 0.31 Acres
  • Lot size dimensions: 105 x 130

Parking

  • Total spaces: 1
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $30,212$362,544
Home Insurance *$2,286$27,432
Property Taxes $6,801$81,612
Electricity $881$10,582
Total$40,180$482,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,377,600/yr
40% on housing$1,205,400/yr
45% on housing$1,071,466/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$747This listing

vs Other Active Listings

Avg $/sqft

ZIP 07740$780
Monmouth County$424

vs Homes Sold Last Month

Median $/sqft

ZIP 07740$460
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-15Listed for sale$5,975,000
2025-09-05Sold$1,999,000
2025-07-10Pending sale$1,999,000
2025-06-30Listed for sale$1,999,000
2022-03-31Sold$1,350,000
2022-01-05Pending sale$1,495,000
2021-12-14Price change$1,495,000
2021-12-13Price change$1,544,000
2021-08-27Price change$1,559,000
2021-08-22Listed for sale$1,699,000

New Construction

AgentRaquel Gadeloff
BrokerageCathy Ades Real Estate LLC

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