701-703 Monroe Avenue, Asbury Park, NJ 07712
New Listing
$2,499,999
Property Type:
Commercial
Square Footage:
3,648
Lot Size (sq. ft.):
10,890
Status:
Active
Current Price:
$2,499,999
List Date:
3/19/2026
Last Modified:
3/19/2026
Overview
Description
Exceptional opportunity to acquire prime real estate in one of the fastest-growing pockets of Asbury Park. Located along the Monroe Ave corridor near Bangs Ave, this site sits in an area undergoing significant transformation, with multiple mixed-use projects approved and under construction nearby. Zoning permits mixed-use development with retail at street level and residential above, with nearby approvals supporting mid-rise construction. Strong frontage and visibility with close proximity to Downtown Cookman Ave, the Asbury Park Boardwalk, and NJ Transit rail service. Asbury Park has been named a top beach town by Travel + Leisure, while nearby Netflix investment is fueling continued population growth, increased tourism, and long-term housing demand.
Listing Details MLS# 22607142
Contract Info
- Property Sub-Type
- Commercial
- Sale
- Yes
- Lease
- No
- List Price/SqFt
- 685.31
- New Construction
- No
Location
- House Number
- 701-703
- Street Name
- Monroe
- Street Suffix
- Avenue
- County
- Monmouth
- Municipality
- Asbury Park (ASB)
- Postal City
- Asbury Park
- State
- NJ
- Zip Code
- 07712
- Area/Section
- None
- Directions
- Main St to Monroe Ave
General Property Info
- # Levels
- Yes
- Apx SqFt
- 3648
- Apx Year Built
- 1965
- Garage
- No
- Acreage
- 0.25
- Lot Dimensions
- 110 x 100
- # Car Garage
- 0
Tax and Legal
- Asmnt - Total
- 560600
- Taxes
- 9822
- Tax Year
- 2025
Use
- Other
- Yes
Electric
- Other - See Remarks
- Yes
More Information
Gas
- At Street
- Yes
Water Heater
- Other - See Remarks
- Yes
Heating
- Other
- Yes
Water
- Public Water
- Yes
Sewer
- Public Sewer
- Yes
Parking
- On Site
- Yes
- Parking Lot
- Yes
- Paved
- Yes
Assessment Status
- To Be Assessed
- Yes
Property Features
Use:
Other
Heating:
Other
Water Heater:
Other - See Remarks
Water:
Public Water
Sewer:
Public Sewer
Gas:
At Street
Electric:
Other - See Remarks
Parking:
On Site; Parking Lot; Paved
Assessment Status:
To Be Assessed
Listing Office:
Ward Wight Sotheby's International Realty
Listing Agent:
Charles Vanden-Bulcke
Last Updated: March - 19 - 2026
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