Date
Details
Price
Change
Source
3/19/2026
Listed
$2,499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$2,499,999 Just Listed
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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.
Full Property Details
Full Property Details for 701-703 Monroe Ave
General
- Price: $2,499,999
- Taxes: $9,822 (2025)
- Status: Active
- Type: Commercial
- Source: Monmouth
- MLS ID: 22607142
- Updated: 3/19/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other
Parking
- Parking Features: On-Site Parking, Parking Lot, Paver Block
Location
- Area: Asbury Park (ASB)
- Municipality: Asbury Park (ASB)
- County: Monmouth
Heating & Cooling
- Heating Type: Other
Utilities
- Gas: At Street
- Dist. to Gas: At Street
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 3,648
- Current Bldg. Use: Other
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Dimensions: 110 x 100
Financial Considerations
- Price Per Sq. Ft.: $685.31
- Assessment Amount: $560,600
- Tax Amount: $9,822
- Tax Year: 2025
Disclosures and Reports
- Property ID: 04-02608-0000-00007
- Section: None
Listed by Ward Wight Sotheby's International Realty, Charles Vanden-Bulcke
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 701-703 Monroe Ave —
Charles Vanden-Bulcke
Ward Wight Sotheby's International Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 701-703 Monroe Ave
School District:Asbury Park City School District
| Name | Grades | Distance |
|---|---|---|
Thurgood Marshall Primary School 600 Monroe Avenue, Asbury Park, NJ 07712 | PK-4 | 0.1 mi |
Asbury Park High School 1001 Sunset Avenue, Asbury Park, NJ 07712 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701-703 Monroe Ave
Tax History
Tax History for 701-703 Monroe Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,301
4%
$560,600
7%
2023
$7,953
1%
$524,700
2%
2022
$7,850
6%
$514,400
2%
2021
$7,440
—
$504,200
7%
2021
$7,440
—
$470,900
-3%
2021
$7,440
-8%
$485,900
7%
2018
$8,096
-8%
$454,300
8%
2017
$8,776
12%
$421,900
15%
2016
$7,849
-3%
$366,100
—
2015
$8,105
4%
$366,100
-22%
2019
$7,767
2%
$470,700
34%
2014
$7,593
17%
$350,400
219%
2013
$6,496
—
$109,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 701-703 Monroe Ave
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- Duplex
- Active
- Updated 2 days ago
- Commercial
- Active
- Condo
- Active
- Updated 1 day ago
- 1Bed
- 1Total Bath
- 723Sq. Ft.
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- Single Family
- Active
- Updated 6 days ago
- 6Beds
- 5Total Baths
- 3,270Sq. Ft.
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- Single Family
- Closed
- Updated 13 days ago
- 6Beds
- 5Total Baths
Listed by Linda Henderson
Sold by RE/MAX Gateway, Thea Bowers
Sold by RE/MAX Gateway, Thea Bowers
- Townhouse
- Closed
- 5Beds
- 6Total Baths
- 4,300Sq. Ft.
Listed by RE/MAX Gateway, Wendy M Smith
Sold by Renee Strohoefer
Sold by Renee Strohoefer
701-703 Monroe Avenue, Asbury Park, NJ 07712 (MLS# 22607142) is a Commercial property. 701-703 Monroe Avenue is currently listed for $2,499,999 and was received on March 19, 2026. Want to learn more about 701-703 Monroe Avenue? Do you have questions about finding other Commercial real estate for sale in Asbury Park? You can browse all Asbury Park real estate or contact a Coldwell Banker agent to request more information.