CLIENT #430BJ - CONDOS 
CONTACT:  Carol Torre or Mickey Carter
              732-682-7136
                   Teddysea@aol.com
Hello Brent & Joe!  
Welcome to your Real Estate page.  This page will include information about condos and houses for sale in Asbury Park and Ocean Grove.  Whenever new information is added, we will email you.  Please click on the pictures below for more detailed information about each property.  Scroll down for a look at estimated mortgage payment.    
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633 COOKMAN #301
THE LOFTS
1001 Second Ave. #201
THE LOFTS PAGE
Click picture for video, floorplans, and other Lofts pictures
316 SIXTH AVE.,  #2D
ESTIMATED MORTGAGE CALCULATIONS* 

$220,000   PURCHASE PRICE  (LOFTS)
  44,000    Down payment 20%   
 176,000    Mortgage amount
      
$  931.41  Monthly payment @4.875%
   232.00  Maintenance fee
   280.00  Estimated real estate taxes
    30.00  Personal property insurance
$1473.41  Total monthly payment
ESTIMATED MORTGAGE CALCULATIONS* 

$156,300  (510 DEAL LAKE 5J)
   15,630    Down payment 10%
  140,670    Mortgage amount
      
$ 723.00 Monthly@4.625% 
  250.00  Est. real estate taxes
   68.00  Monthly  MP
  497.00  Maintenance fee**
   30.00  Homeowner insurance
$1568.00 Total monthly payment

**includes heat, water, cable, electric
303 SUNSET #205
1306 LANGFORD
311 FOURTH, #102
301 SIXTH, #308
402 FOURTH, #207
510 DEAL LAKE DR., #5J
*add $26.00 per month for each additional $5000 increase in purchase price/mortgage amount.
Plus $6-7000.00 closing costs.  All numbers are approximate.  
ESTIMATED FHA MORTGAGE CALCULATIONS* 

$156,300    (510 DEAL LAKE 5J)
   15,630    Down payment 10%
  140,670    
    1,425     Upfront MPI
  142,095   Mortgage amount
      
$ 720.00 Monthly@4.5%?  
  250.00  Est. real estate taxes
  136.00  Monthly  MPI
  497.00  Maintenance fee**
   30.00  Homeowner insurance
$1633.00 Total monthly payment

**includes heat, water, cable, electric
Please note that this unit is 30% larger than 301 6th, 311 4th, and 402 4th and is FHA approved.   Although the maintenance fees are higher when you add in the lower taxes and price, the total outlay per month is lower (see mortgage calculation below).  This building had a large assessment which was paid by current owner.  The building also has water views, a swimming pool and club room.  Close to Allenhurst train station.