Asbury Ocean Club celebrates record year in 2020

“Everyone feels better at the beach"

(Photo by Nikolas Koenig)
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(Photo by Nikolas Koenig)

iStar, a full-service real estate company, announced that Asbury Ocean Club, its oceanfront residential building in Asbury Park, New Jersey, is celebrating a record year and strong start to 2021.

With over $50 million in sales over the last seven months of 2020 and seven contracts already out for 2021, the team anticipates that this year will be a very busy one at Asbury Ocean Club. Last year, the building saw a significant increase in interest in large residences, selling out of two of their three-bedrooms and signing contracts on four penthouses, with two closing at record-breaking prices above $5 million.

“Asbury Ocean Club offers an unparalleled luxury, hospitality-style residential experience and we’re thrilled to have seen such an overwhelming response from buyers, especially in the current market,” said Brian Cheripka, Senior Vice President, Land & Development of iStar.

Uniquely positioned to offer lasting value to its residents, each home at Asbury Ocean Club is designed with spacious, open floor plans, incredible ocean views, private outdoor space, and 24-hour access to hospitality amenities that all together create a one-of-a-kind offering for its buyers.

“Everyone feels better at the beach, and with access to 24-hour hospitality amenities and remote working more common than ever, Asbury Ocean Club is uniquely positioned to attract buyers looking for a year-round ‘vacation’ lifestyle with easy proximity to New York City and surrounding towns,” said Jodi Stasse of Corcoran Sunshine Marketing Group, the exclusive sales and marketing firm for the project.

Asbury Ocean Club rises 17 stories above the Atlantic, offering 130 homes, each setting a new standard for residential living with ocean views, high ceilings, and wraparound terraces. Featuring a curated suite of amenities and services, residents enjoy an oceanfront pool, poolside bar and grill, outdoor fireplace and lounge, fitness center, and spa. One of Asbury Ocean Club’s most important amenity spaces today is the business center with private offices, meeting room, and state-of-the-art video conference capabilities.

Asbury Ocean Club features one-, two-, three-bedroom residences and duplex penthouses. Pricing starts at $897,000. For additional information, visit www.residences.asburyoceanclub.com or call 732-819-5029.