501 Grand Avenue #405, Asbury Park, NJ, 07712
About This Home
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.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Roof: Flat
- Construction materials: Brick
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Features
- Recessed Lighting
- Flooring: Wood
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,311
- Total interior livable area: 1,311 sqft
Property
Details
- Parcel number: 040320800000000518C0405
- Attached to another structure: Yes
- Zoning description: Residential, Condo
- Exclusions: See Notes.
Features
- Levels: One,Upper Level
- Stories: 1
- Entry location: Upper Level
- Exterior features: Controlled Access
Lot
- Features: Corner Lot
Parking
- Total spaces: 1
- Parking features: Paved,See Remarks,Asphalt,Assigned,Common,Off Street,None
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
- Heat Wave
- Lightning
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,787 | $45,444 |
| Home Insurance * | $222 | $2,664 |
| Property Taxes | $926 | $11,112 |
| Electricity | $193 | $2,318 |
| Total | $5,128 | $61,536 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-10 | Price change | $749,000 |
| 2026-05-25 | Listed for sale | $799,999 |
| 2005-10-04 | Sold | $512,000 |
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