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$ 2,499,999
Est. payment /mo
Active
701703 Monroe Avenue Asbury Park, NJ 07712
3,648 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,648 sqft
Price per Sqft $685
Municipality Asbury Park (ASB)
MLS Listing ID 22607142
Year Built 1965
Annual Tax Amount $9,822
Tax Year 2025
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 110 x 100
Property Sub-Type Commercial
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
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.
Location
State NJ
County Monmouth
Area None
Direction Main St to Monroe Ave
Interior
Heating Other
Exterior
Parking Features On Site, Parking Lot, Paver Block
Private Pool No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 04-02608-0000-00007

Listed by Ward Wight Sotheby's International Realty
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