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

701-703 Monroe Avenue, Asbury Park, NJ 07712

$2,499,999

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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: 3/20/2026

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

Tax and Legal

Asmnt - Total: 560600
Taxes: 9822
Tax Year: 2025

More Information

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 - 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.