A new and distinct all-male asparagus (Asparagus officinalis) hybrid denoted 'NJ 854' was developed through extensive breeding and selection. Asparagus hybrid 'NJ 854' has many desirable traits including vigorous plant growth, high yield, good resistance to rust (Puccinia asparagi) and good field tolerance to asparagus root rot (Fusarium oxysporum) and asparagus crown rot (Fusarium moniliforme). The plants and plant parts of 'NJ 854' are described as well as the hybrid asparagus seeds and plants produced by crossing asparagus plant 'NJ 854' with another asparagus plant.