About 701-703 Monroe Avenue
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.
Features of 701-703 Monroe Avenue
| MLS® # | 22607142 |
|---|---|
| Price | $2,499,999 |
| Bathrooms | 0.00 |
| Square Footage | 3,648 |
| Acres | 0.25 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Style | Other |
| Status | Active |
Community Information
| Address | 701-703 Monroe Avenue |
|---|---|
| Area | Asbury Park (ASB) |
| City | Asbury Park |
| County | Monmouth |
| State | NJ |
| Zip Code | 07712 |
Amenities
| Parking | On Site, Parking Lot, Paver Block |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Charles Vanden-bulcke |
|---|---|
| Office | Ward Wight Sotheby's International Realty |