701-703 Monroe Avenue Asbury Park, NJ 07712

Building Details

Year Built

1965

Listing Agency WARD WIGHT SOTHEBY'S INTERNATIONAL REALTY c***@wardwightsir.com Show Phone

Listed by CHARLES VANDEN-BULCKE

Source Corcoran

Added: Mar 19 Checked: Jul 17 at 2:40 am

Report an Issue

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 property presents an opportunity to acquire real estate in a rapidly developing area of Asbury Park, situated along the Monroe Avenue corridor near Bangs Avenue. The location is 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 developments, specifically retail spaces at street level with residential units above. Nearby approvals support mid-rise construction. The site benefits from strong frontage and visibility, and it is located close to Downtown Cookman Avenue, the Asbury Park Boardwalk, and NJ Transit rail service. Asbury Park has been recognized as a top beach town, and ongoing investment is contributing to population growth, increased tourism, and sustained housing demand. The property size is 3648 square feet.

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

Similar For Sale Nearby

• 

  $2,950,000

  13,814 SF

  Flex Space Building with Parking

  Multi-use commercial building with flexible interior and on-site parking for owner-occupants and mixed operations.

  1405 State Route 35, Ocean Twp, NJ 07712

  View Details
• 

  $2,850,000

  11,000 SF

  Two- Building Office Property

  For sale office property featuring two buildings on a single lot in Ocean Township, NJ.

  3321 Doris Avenue, Ocean Twp, NJ 07712

  View Details
• 

  $2,499,999

  3,648 SF

  Asbury Park Mixed-Use Development Site

  Prime mixed-use development site in Asbury Park's growing corridor.

  701-703 Monroe Avenue, Asbury Park, NJ 07712

  View Details
• 

  $2,500,000

  8,020 SF

  Fully Leased Retail/Office Building

  A restored, fully leased building with three tenants, plus redevelopment potential up to eight stories.

  21 Main Street, Asbury Park, NJ 07712

  View Details
• 

  $2,450,000

  8,236 SF

  Corner Development Lot with Existing Building

  Corner parcel with R2 zoning and an existing two-story pre-school building, offering flexible redevelopment options.

  907 Grand Avenue, Asbury Park, NJ 07712

  View Details
• 

  $1,099,999

  2,037 SF

  Recently Renovated 3-Family Corner

  Three-unit, recently renovated multifamily on a corner lot, currently tenant occupied and configured for steady rental income.

  413 Ridge Avenue, Asbury Park, NJ 07712

  View Details
• 

  $889,000

  4,250 SF

  Asbury Park Retail Opportunity

  Retail building for sale in Asbury Park, New Jersey.

  1111 Main Street, Asbury Park, NJ 07712

  View Details
• 

  $1,350,000

  3,600 SF

  Asbury Park Three-Family Home

  Spacious three-family home near the beach and boardwalk.

  1702 Grand Avenue, Asbury Park, NJ 07712

  View Details
• 

  $849,999

  1,960 SF

  Renovated Two-Family Home

  Renovated two-family residence with finished basement, offering flexibility for investors and owner-occupants in Asbury Park.

  1257 Washington Avenue, Asbury Park, NJ 07712

  View Details
• 

  $125,000

  1,800 SF

  Fully Equipped Dry Cleaning Storefront

  For sale dry cleaning operation with equipped workspace and established book of business in a visible high-traffic setting.

  1582 Highway 35, Ocean Twp, NJ 07712

  View Details
• 

  $2,950,000

  13,814 SF

  Commercial Building with On-Site Parking

  Approx. 14,000 sq ft building designed for flexible office, medical, or showroom use with on-site parking and easy access.

  1405 State Route 35 Unit 1405, Ocean Twp, NJ 07712

  View Details
• 

  $939,000

  1,119 SF

  Multifamily Property in Asbury Park

  Multifamily property in a rapidly growing Asbury Park neighborhood.

  912 Sunset Avenue, Asbury Park, NJ 07712

  View Details

FAQs

What type of property is this?

Commercial land - Land in Asbury Park near transit and downtown.

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.