Mixed-Use Development
For Sale
$2,499,999
701703 701-703 Monroe Ave, Asbury Park, NJ 07712
Property supports mixed-use development with retail at street level and residential space above.
Property Size3,648 SF
Price / SF$685.31
Days on Market42
Property Features for 701703 701-703 Monroe Ave
General Information
Standard status
Active
Size
3,648 SF
Building Details
Year Built
1965
Listing Agency:
Ward Wight Sotheby's International Realty
(732) 449-3322
Listed By:
Charles Vanden-Bulcke
Source:
Soldbypattie
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 30 at 7:19PM
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 at 701-703 Monroe Ave dates to 1965 and is positioned for redevelopment or continued commercial consideration. The stated development framework allows retail on the ground floor with residential space above, supporting a vertical mixed-use configuration. Nearby approvals and active construction include multiple mixed-use projects, including mid-rise development.
The property sits along the Monroe Ave corridor near Bangs Ave, with access to Downtown Cookman Ave, the Asbury Park Boardwalk, and NJ Transit rail service. Its location places the site within an area experiencing substantial redevelopment activity and changing land-use patterns.
The property sits along the Monroe Ave corridor near Bangs Ave, with access to Downtown Cookman Ave, the Asbury Park Boardwalk, and NJ Transit rail service. Its location places the site within an area experiencing substantial redevelopment activity and changing land-use patterns.
Key Highlights
- Mixed‑use development framework with retail at street level and residential above
- 701‑703 Monroe Ave, Asbury Park, NJ 07712
- Located along the Monroe Ave corridor near Bangs Ave
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Property supports mixed-use development with retail at street level and residential space above.
Where is this mixed-use property located?
The property is located at 701703 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 development framework with retail at street level and residential above; 701‑703 Monroe Ave, Asbury Park, NJ 07712; Located along the Monroe Ave corridor near Bangs Ave
