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701-703 Monroe Avenue Asbury Park, NJ $ 2,499,999
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$ 2,499,999 Get more info
701-703 Monroe Avenue
$ 2,499,999
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701-703 Monroe Avenue

Asbury Park, NJ, 07712
$ 2,499,999
Bedrooms-- Baths-- Sq 3,648

Monthly Estimate*

$ 15,393

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Commercial Property for sale in Asbury Park, NJ

for $2,499,999. This 3,648 square foot building was built in 1965 on a lot size of 0.25.

Exceptional opportunity to acquire prime real estate in one of the fastest-growing pockets of Asbury Park. Located along the Monroe Ave corridor near Bangs Ave, this site sits in an area undergoing significant transformation, with multiple mixed-use projects approved and under construction nearby. Zoning permits mixed-use development with retail at street level and residential above, with nearby approvals supporting mid-rise construction. Strong frontage and visibility with close proximity to Downtown Cookman Ave, the Asbury Park Boardwalk, and NJ Transit rail service. Asbury Park has been named a top beach town by Travel + Leisure, while nearby Netflix investment is fueling continued population growth, increased tourism, and long-term housing demand.

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Commercial Active

Price

$ 2,499,999

Property Type

Commercial

Taxes

$ 9,822

Style

Lot Size

0.25

Year Built

1965

Town/City

Asbury Park

County/Region

Monmouth

MLS | Web ID

22607142
Features
General
Sewer Public Sewer
Heating Other
Garage Spaces 0.0
Year Built 1965
Stories Count 1
Property Subtype Commercial
Tax Year 2025
Business Type Other
County Monmouth
New Construction N
Property Type Commercial Sale
Garage Y/N N
Status Active
Directions Main St to Monroe Ave
City Asbury Park
MLS Area None
Lot Size Square Feet 10890.0
Carport Y/N N
Tax Annual Amount 9822.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Asbury Park (ASB)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 560600
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features On Site Parking Lot Paver Block
Water Source Public
Lot Size Area 0.25
Spa N
Building Area Total 3648.0
Lot Dimensions 110 x 100
Lot Size Acres 0.25
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 701703
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* Excluded Features
List By
Charles Vanden-Bulcke

Listing Agent

Ward Wight Sotheby's International Realty

Broker

cvandenbulcke@wardwightsir.com

Email

Affordability Calculator

$16,211
Per Month
95%
5%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$819
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/19/2026$2,499,999 Listed Price

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701-703 Monroe Avenue, Asbury Park, NJ, 07712 is a Commercial Property for sale at $2,499,999 with 3,648 sqft and a lot size of 0.25. 701-703 Monroe Avenue was built in 1965. The property's zip code is 07712 which is in Asbury Park, NJ

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