701-703 Monroe Avenue, Asbury Park, NJ 07712

$2,499,999

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List Price
$2,499,999
Status
ACTIVE
Type
Commercial
MLS#
22607142
Region
Asbury Park (ASB)
Year Built
1965

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.

Additional Information

Acres
0.25
Taxes
$9,822
Subtype
Commercial
Year Built
1965
Heat Ac
Other
Parking Driveway
Paved, On Site, Parking Lot
Stories
1
Electric
Other - See Remarks

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Calculator source: Real Geeks

Listing courtesy of Ward Wight Sotheby's International Realty. Contact: