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.
*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%
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.