We demonstrate that atomically thin nitrogen-based binary group V wide band gap indirect semiconductors (β-NX (X = As, Sb)) embody 3-fold valley degenerated band structures and strong linear and nonlinear optical activities. Contrary to NAs, the fundamental optical absorption in NSb is quite resilient toward the temperature variations between 0 and 450 K. In the absence of lattice vibrations, exciton in NSb is, however, less strongly bound (1.30 eV) compared to the tighter case in NAs (1.62 eV), leading to a more delocalized Mott−Wannier-type texture. The inhomogeneous excitonic line widths for both monolayers within these temperatures are within the 100−400 meV range. The most significant nonlinear second harmonic optical coefficients (2ω resonances) in NAs and NSb monolayers are obtained as ∼636 and 270 pm/V at 3.2 eV (387 nm) and 2.6 eV (477 nm), respectively. We also present a detailed analysis of in-plane biaxial strain on these structures and found that tensile strain dynamically stabilizes structures with no loss in absorbance spectra (and does not influence exciton binding energy in NAs). The nonlinear coefficient also significantly improves at the two most important 810 and 1560 nm wavelengths compared to the cases offered by the monolayer transitional metal dichalcogenides. Our analyses originate from a fully ab initio G 0 W 0 +Bethe-Salpeter excited-state theory. The temperature-dependent linear absorption spectra are evaluated by including the electron−phonon self-energies, whereas the nonlinear spectra are treated using the modern theory of polarization within the same perturbative approach. Our reference findings provide important advanced characteristics for applications of two-dimensional β-NX (X = As, Sb) materials and should motivate further theoretical and experimental investigations of these interesting materials.