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Commercial Land with Mixed-Use Zoning
For Sale
$2,499,999

701-703 Monroe Avenue, Asbury Park, NJ 07712

Retail space at street level and residences above are permitted under the stated zoning.

Property Size3,648 SF
Price / SF$685.31
Days on Market219

Property Features for 701-703 Monroe Avenue

General Information

Standard status Active
Size 3,648 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,822

Building Details

Building Size 3,648 SF
Year Built 1965
Stories 1
Listing Agency: Ward Wight Sotheby's International Realty
Listed By: Charles Vanden-Bulcke
Source: Cammarotarealestate
Added: Mar 19 Changed: Oct 22 Last Checked: Oct 22 at 2:18PM

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

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Investment Insights

Based on property information with market context.

This commercial land parcel is on Monroe Avenue in Asbury Park, near Bangs Avenue. The stated zoning allows a mixed-use project with ground-floor retail and housing on upper levels.

Cookman Avenue’s downtown area, the Asbury Park Boardwalk, and NJ Transit rail service are nearby.

Key Highlights

  • Zoning allows retail at street level with residential uses above
  • On Monroe Avenue near Bangs Avenue in Asbury Park
  • Near Cookman Avenue’s downtown area, the Boardwalk, and NJ Transit rail service

Property Analytics

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Suggested Use

Top Pick Dental Office Accounting Firm Nail Salon Locksmith Auto Parts Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,179
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Retail space at street level and residences above are permitted under the stated zoning.
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: Zoning allows retail at street level with residential uses above; On Monroe Avenue near Bangs Avenue in Asbury Park; Near Cookman Avenue’s downtown area, the Boardwalk, and NJ Transit rail service
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