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701-703 Monroe Ave 3,648 SF 100% Leased Flex Building Asbury Park, NJ 07712 $3,434,299 CAD ($941.42 CAD/SF)
Executive Summary
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.
Property Facts
| Price | $3,434,299 CAD | Rentable Building Area | 3,648 SF |
| Price Per SF | $941.42 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1965 |
| Property Type | Flex | Opportunity Zone |
Yes
|
| Price | $3,434,299 CAD |
| Price Per SF | $941.42 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Rentable Building Area | 3,648 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Opportunity Zone |
Yes |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 04-02608-0000-00007 | Improvements Assessment | $340,592 CAD |
| Land Assessment | $429,000 CAD | Total Assessment | $769,592 CAD |
Property Taxes
Parcel Number
04-02608-0000-00007
Land Assessment
$429,000 CAD
Improvements Assessment
$340,592 CAD
Total Assessment
$769,592 CAD
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701-703 Monroe Ave
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