Jersey Shore penthouse sells for record $5.95M as construction begins on luxury complex

An artistic rendering of The Atlantic Club, a luxury oceanfront condominium project in Long Branch that's expected to be complete by Summer 2026.

Developers have started building a luxury, resort-style condominium complex in Long Branch on one of the last remaining oceanfront plots in Monmouth County, the owners announced this week.

The Atlantic Club, located at 390 Ocean Ave., will include 132 homes, including two penthouses, and 75,000 square feet of indoor and outdoor amenities.

Construction is expected to be complete by the summer of 2026, according to the developers.

Two 4,246-square-foot, five-bedroom penthouses will be built on the property. They will feature full views of the ocean, private balconies and terraces. Both have already been sold, officials said.

One penthouse was recently sold for $5.95 million, breaking local records as the highest-priced condo sale ever in Long Branch, the developer said Thursday.

“Our vision for The Atlantic Club was to create a development that rises to the level of art and something that the Jersey Shore has never seen before,” Roy Stillman, president of Stillman Development International, one of the owners of the property, said in a statement.

Artistic rendering of The Atlantic Club, a luxury oceanfront condominium project planned for Long Branch that's expected to be complete by Summer 2026.

Stillman is a New-York based developer that partnered with other firms to purchase the property.

The Atlantic Club will have “a Manhattan-level of luxury,” featuring art and sculptures curated by renowned artists, the developers said. Condos will range from 993 to 4,246 square feet, have high ceilings, expansive windows and one to five bedrooms each.

The complex will include a fitness center, business center, game room, virtual reality room, cinema, pet spa and children’s playroom.

Before contractors purchased the land, two vacant buildings from the former Sea View Towers apartment complex stood there. They were demolished following a failed code inspection in 2020, city officials reported at the time.

Developers did not disclose how much the The Atlantic Club project will cost to build.

The condo complex is part of a large building boom in Long Branch in recent years.

Other major housing developments have started construction this year, including a downtown redevelopment project on Broadway that was 20 years in the making.

The $130 million project, driven by Kushner, a New York-based real estate and development firm, will include nearly 300 apartments and retail shops, including a SuperFresh grocery market and a neighborhood café.

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Nyah Marshall may be reached at Nmarshall@njadvancemedia.com.

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