Asbury Park condo sells for record $2.46M

TRD New York /
Nov.November 07, 2007 10:20 AM

A penthouse unit at The Esperanza in Asbury Park, N.J., fetched $2.46 million, the most ever paid for a residence in the city’s history. The 3,023-square-foot penthouse, comprising four bedrooms and three baths, is part of a two-tower luxury beachfront condominium along Asbury Park’s waterfront. The unit will include a spacious balcony, a private indoor swimming pool, a fireplace and unobstructed ocean views.

The Esperanza, designed by architect Dean Marchetto & Associates, will have 224 luxury residences ranging from 545-square-foot studios to 3,000-square-foot four bedrooms, with prices starting in the low $400,000s. Amenities will include a members-only fitness center, a 24-hour concierge service, rooftop pool, 23 private cabanas and restaurants on the ground and fifth floor.

The residential complex will also feature an Aqua Grotto spa and Jacuzzi designed by American Leisure, consultants and operators for the building’s lifestyle facilities. The concept is being implemented in several luxury residential buildings throughout New York City, including The Setai at 40 Broad Street and The Visionaire in Battery Park City.

The Esperanza is part of The Metro Homes Collection, which includes Trump Plaza Jersey City, Gull’s Cove — also in Jersey City — and the 113-unit Metrostop condominium in Hoboken.


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