701-703 Monroe Avenue, Asbury Park, NJ 07712 (MLS# 22607142)


$2,499,999
701-703 Monroe Avenue
Asbury Park, NJ 07712
MLS# 22607142
3648 sqft


Monroe
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Property 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.

Details
Maps
Contract Info
Sale: Yes
Lease: No
List Price/SqFt: 685.31
New Construction: No
Status: Active
List Date: 2026-03-19
Property Sub-Type: Commercial
List Price: $2,499,999
Current Price: $2,499,999
Location
Area/Section: None
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
Directions: Main St to Monroe Ave
General Property Info
# Levels: 1
Acreage: 0.25
Lot Dimensions: 110 x 100
Garage: No
# Car Garage: 0
Apx SqFt: 3648
Apx Year Built: 1965
Tax and Legal
Asmnt - Total: 560600
Taxes: 9822
Tax Year: 2025
Use
Other: 1
Electric
Other - See Remarks: 1
Gas
At Street: 1
Water Heater
Other - See Remarks: 1
Heating
Other: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Parking
On Site: 1
Parking Lot: 1
Paved: 1
Assessment Status
To Be Assessed: 1
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

IDX
Listing Office: Ward Wight Sotheby's International Realty
Listing Agent: Charles Vanden-Bulcke

Last Updated: March - 20 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.