Mixed-Use Commercial
For Sale
$2,499,999
701-703 Monroe Avenue, Asbury Park, NJ 07712
COMMERCIAL - Asbury Park, NJ
Property Size3,648 SF
Lot Size0.25 Acres
Price / SF$685.31
Days on Market146
Property Features for 701-703 Monroe Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Directions
Main St to Monroe Ave
Standard status
Active
APN
04-02608-0000-00007
Size
3,648 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9822
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Listing Agency:
Ward Wight Sotheby's International Realty
(732) 449-3322
Listed By:
Charles Vanden-Bulcke
(732) 449-3322
Added: Mar 19
Changed: Aug 4
Last Checked: Aug 11 at 2:06AM
MLS# 22607142
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.25-acre commercial land parcel contains 3,648 square feet and is positioned along Monroe Avenue in Asbury Park. Zoning supports mixed-use development, including retail at street level with residential space above. The property has public water and public sewer service, along with a parking lot. The source data identifies a 1965 year built date.
The site is near Bangs Avenue, Downtown Cookman Avenue, the Asbury Park Boardwalk, and NJ Transit rail service. The surrounding area includes approved and actively developing mixed-use projects, including nearby mid-rise construction approvals. Its Monroe Avenue frontage places the parcel within an established corridor connecting commercial, residential, transit, and waterfront destinations.
The site is near Bangs Avenue, Downtown Cookman Avenue, the Asbury Park Boardwalk, and NJ Transit rail service. The surrounding area includes approved and actively developing mixed-use projects, including nearby mid-rise construction approvals. Its Monroe Avenue frontage places the parcel within an established corridor connecting commercial, residential, transit, and waterfront destinations.
Key Highlights
- 0.25‑acre commercial land parcel
- 3,648 square feet of property size
- Mixed‑use zoning allows retail at street level with residential above
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,179
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 34%
Home Improvements & Furnishings 1%
Burger King
Dining
7,250 visits/mo
0.4 miles
Dollar Tree
Shops & Services
7,128 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,091 visits/mo
0.3 miles
PNC Bank
Shops & Services
6,825 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,671 visits/mo
0.2 miles
Demographics for 07712, NJ
39,397
Population
19,321
Households
2
Avg Household Size
42
Median Age
49%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
3,229
Density / Sq Mi
$95,691
Median Household Income
$51,924
Median Earnings
$1,496
Median Rent
$578,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial site with mixed-use zoning, public utilities, and access to Asbury Park’s Monroe Avenue corridor.
Where is this commercial land located?
The property is located at 701-703 Monroe Avenue Asbury Park, NJ.
What is the asking price?
The asking price for this property is $2,499,999.
What are key features of this property?
This property features: 0.25‑acre commercial land parcel; 3,648 square feet of property size; Mixed‑use zoning allows retail at street level with residential above
