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Mixed-Use Retail and Residential Building

701-703 Monroe Avenue Unit 701-703 Asbury Park, NJ 07712

701-703 Monroe Avenue Unit 701-703, Asbury Park, NJ, 07712
$2,499,999
For Sale
$2,499,999

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 Market161

Property Features for 701-703 Monroe Avenue Unit 701-703

General Information

Standard status
Active
Size
3,648 SF
Property subtype
General Commercial

Building Details

Year Built
1965
Listing agency Ward Wight Sotheby's International Realty
Listed by Charles Vanden-Bulcke
Source Xome
Added: Feb 11 Updated: Jul 21 at 7:05PM Checked: Jul 22 at 3:41AM

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.

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

Location Intelligence

Current Use by Public Records

Retail space

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?
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 Avenue Unit 701-703 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
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