Penthouse at Asbury Park condo tower fetches $5 million

A penthouse at a new Asbury Park condominium tower has sold for $5 million, in a sign of strength for the ongoing revitalization of the city’s iconic waterfront.

iStar unveils $6 million oceanfront condo in Asbury Park

Six penthouses have hit the market at a new high-end condominium building in Asbury Park, including a top-floor, four-bedroom unit with an asking price of nearly $6 million.

Developer unveils 130-unit, waterfront condo building in Asbury Park (SLIDESHOW)

A developer has taken the wraps off a new luxury condominium building in Asbury Park, the latest piece of its high-profile, $300 million redevelopment along the city’s iconic beachfront.