Mixed-Use Retail and Residential
For Sale
$2,499,999
701-703 MONROE AVE, Asbury Park, NJ 07712
Mixed-use site with retail at street level and residential above, located along the Monroe Ave corridor near Bangs Ave.
Property Size3,648 SF
Price / SF$685.31
Days on Market279
Property Features for 701-703 MONROE AVE
General Information
Standard status
Active
Size
3,648 SF
Property subtype
General Commercial
Amenities
3
On Site.
Building Details
Year Built
1965
Listing Agency:
Ward Wight Sotheby's International Realty
(732) 449-3322
Listed By:
Charles Vanden-Bulcke
(732) 449-3322
Source:
Xome
Added: Nov 4, 2025
Changed: Aug 8
Last Checked: Aug 9 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ward Wight Sotheby's International Realty
Investment Insights
Based on property information with market context.
This mixed-use property is positioned for development with retail at street level and residential above, supported by zoning that permits mixed-use development. The offering is presented as an acquisition opportunity within a corridor experiencing active transformation, with multiple mixed-use projects referenced as approved and under construction nearby.
The site is located along the Monroe Ave corridor near Bangs Ave, with proximity called out to Downtown Cookman Ave, the Asbury Park Boardwalk, and NJ Transit rail service. Nearby approvals are also referenced as supporting mid-rise construction.
Overall, the configuration described centers on a street-level retail component paired with residential units above, aligned with the stated mixed-use development permissions.
The site is located along the Monroe Ave corridor near Bangs Ave, with proximity called out to Downtown Cookman Ave, the Asbury Park Boardwalk, and NJ Transit rail service. Nearby approvals are also referenced as supporting mid-rise construction.
Overall, the configuration described centers on a street-level retail component paired with residential units above, aligned with the stated mixed-use development permissions.
Key Highlights
- Mixed‑use site with retail at street level and residential above
- Located along the Monroe Ave corridor near Bangs Ave
- On‑site parking
Property Analytics
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?
Mixed-use property - Mixed-use site with retail at street level and residential above, located along the Monroe Ave corridor near Bangs Ave.
Where is this mixed-use property located?
The property is located at 701-703 MONROE AVE 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: Mixed‑use site with retail at street level and residential above; Located along the Monroe Ave corridor near Bangs Ave; On‑site parking
