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Asbury Park Mixed-Use Development Site

701-703 Monroe Avenue Asbury Park, NJ 07712

Claim this Listing
For Sale
$2,499,999

COMMERCIAL - Asbury Park, NJ

Property size:
3,648 SF
Lot size:
0.25 Acres
Price / SF:
$685/SF
Added:
Mar 19, 2026
Days on Market:
115
Last Refresh:
Jul 11 at 5:06 pm

Property Features for 701-703 Monroe Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
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 agent Charles Vanden-Bulcke

Listing office Ward Wight Sotheby's International Realty 1117 Third Ave., Avon By The Sea, NJ

Listing date Mar 19, 2026

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 property presents an exceptional opportunity to acquire real estate in a rapidly developing area of Asbury Park, New Jersey. Situated along the Monroe Avenue corridor, near Bangs Avenue, the site benefits from its location within an area undergoing significant transformation, evidenced by multiple mixed-use projects that have been approved and are currently under construction in the vicinity. The zoning allows for mixed-use development, including retail spaces at street level and residential units above. Nearby approvals support mid-rise construction. The property features strong frontage and visibility, and it is located in close proximity to Downtown Cookman Avenue, the Asbury Park Boardwalk, and NJ Transit rail service. Asbury Park has been recognized as a top beach town. The property, with a size of 3,648 square feet, is located on a lot of 0.25 acres.

Key Highlights

  • Prime real estate in a rapidly growing area of Asbury Park.
  • Zoning permits mixed‑use development (retail/residential).
  • Strong frontage and visibility on Monroe Ave corridor.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Dental Office Accounting Firm Nail Salon Locksmith Auto Parts Store Florist Spa & Massage Center Garden Center Butcher Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Prime mixed-use development site in Asbury Park's growing 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: Prime real estate in a rapidly growing area of Asbury Park.; Zoning permits mixed‑use development (retail/residential).; Strong frontage and visibility on Monroe Ave corridor.
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