$2,499,999

701-703 Monroe Avenue, Asbury Park NJ, 07712

Price per sqft$685.31

Built in1965

Property size3,648 sqft

Property typeCommercial

Overview

Active

Listed Mar 19, 2026

Updated Jun 10

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.

Additional information

MLS^® ID: 22607142

Interior Features

Bathrooms: 0
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.25 Acres

Other Property Details

Taxes: $9,822
Tax Frequency: Annually

Courtesy of Ward Wight Sotheby's International Realty with Charles Vanden-Bulcke,
Listing Contact: 732-449-3322

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Berkshire Hathaway HomeServices Zack Shore, REALTORS® shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings displayed pursuant to IDX shall show the MLS as the source of the information.

Data last updated 6:48 PM UTC, 6/10/2026