Luxury Condo Near the
300 Cookman Avenue #326 Asbury Asbury Park, NJ 07712
300 Cookman Avenue #326 Asbury, Asbury Park, NJ, 07712
$1,275,000
For Sale
$1,275,000
Well-maintained condo with ocean views, chef's kitchen, and parking.
Property Size2,463 SF
Price / SF$517.66
Days on Market342
Property Features for 300 Cookman Avenue #326 Asbury
General Information
- Standard status
- Active
- Size
- 2,463 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 2007
Listing agency
COLDWELL BANKER REALTY
(202) 731-3142
Listed by
COLDWELL BANKER REALTY
Source
Kw
Added: Aug 15, 2025 Updated: Jul 6 at 8:16AM Checked: May 19 at 9:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This luxury condo, located two blocks from the ocean, features crown molding and 9-foot ceilings, offering views of the ocean, Wesley Lake, and the Ocean Grove auditorium. This two-story unit is accessible via elevators to the 3rd floor, which includes a living room, dining area, and a chef's kitchen equipped with stainless steel appliances, granite counters, and a 5-burner stove. A den and closet space are also located on this floor. The 4th floor features a master bedroom with a full bath and walk-in closet, two additional bedrooms, and a laundry room. A sitting room with a wet bar and sliders leads to an oversized deck with ocean and river views. The property includes two garage parking spots and a lockable storage bin on the 4th floor. Additional features include a tankless water heater and central A/C. Building amenities include a gym and a park-like outdoor area. The property is located in Asbury Park, NJ.
Key Highlights
- Ocean, lake, and landmark views from this luxury condo just two blocks from the ocean.
- Two‑story unit with elevator access, two garage parking spots, and a storage bin.
- Chef's kitchen with stainless steel appliances and granite counters.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.9k | $30.00 |
| − Vacancy | −$5.0k | −$2.04 |
| EGI | $68.9k | $27.96 |
| − OpEx | −$31.0k | −$12.58 |
| NOI | $37.9k | $15.38 |
2,463 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$541.1K
$473.5K – $631.3K
NOI $37,876 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$643.1K
$562.8K – $750.3K
NOI $45,020 @ 7.0% cap · market cap 3.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Well-maintained condo with ocean views, chef's kitchen, and parking.
Where is this apartment building located?
The property is located at 300 Cookman Avenue #326 Asbury Asbury Park, NJ.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Ocean, lake, and landmark views from this luxury condo just two blocks from the ocean.; Two‑story unit with elevator access, two garage parking spots, and a storage bin.; Chef's kitchen with stainless steel appliances and granite counters.
