101 Rio Grande Ave Rio Grande, NJ 08242
Estimated payment $3,230/month
Total Views
5,770
4
Beds
3
Baths
2,233
Sq Ft
$224
Price per Sq Ft
Highlights
- Cooling Available
- Middle Township Elementary No. 1 Rated A-
- Ceiling Fan
About This Home
Join us at this weekend's Open House, Saturday June 21st from 11am-2pm! COMING SOON – Coastal Charm in Rio Grande, NJ! Just minutes from the ocean and bay, this spacious and versatile home offers a wonderful opportunity for those seeking comfort, functionality, and the shore lifestyle. Whether you’re looking for a year-round residence or a flexible multigenerational setup, this property is thoughtfully designed to meet a variety of needs. Step into the heart of the home – a warm and inviting open kitchen featuring rich Lancaster Oak cabinetry that adds character and timeless appeal. It’s a perfect gathering space for both everyday meals and special occasions. The main living area includes 3 bedrooms and 2.5 bathrooms, offering privacy and practicality throughout. The primary bedroom, located on the first floor, features its own full bathroom and walk-in closet. A second spacious bedroom is also on the main level, with direct access to a second full bathroom that also opens to the hallway – ideal for accommodating guests or other household members. Upstairs, you’ll find a third bedroom, a half bathroom, and a cozy sitting nook—a perfect corner for reading, studying, or use as a home office. One of the home’s most valuable features is the private in-law suite. Located adjacent to the upstairs bedroom and with its own separate entrance, the suite includes a spacious living area, kitchenette, large bedroom with walk-in closet, and full bathroom. This flexible space is perfect for extended family, guests, or potential rental income. The property also offers a large unfinished basement with potential to finish into additional living space, along with a laundry area and ample storage options. A generous two-car garage provides multiple entrances and additional utility. The fenced-in yard is great for children and pets, while the bonus side lot expands the total property size to approximately 3⁄4 of an acre—ideal for gardening, outdoor entertaining, or possible future expansion (subject to local approvals). Financing Bonus: The property is approved for USDA financing, providing an excellent option for qualified buyers looking for low or no down payment opportunities in a desirable coastal location. Buyers must confirm eligibility directly with their lender. Located close to shopping, dining, and everyday conveniences—as well as just a short drive to both the bay and beach—this home is a standout option for those wanting to enjoy the best of South Jersey shore living. Important Notes: This property is in good working order and is being sold strictly AS-IS. Buyer is responsible for their own due diligence and verifying all property information including square footage, zoning, and intended future use. A 24-hour notice is required for all showings. Additional high-resolution photos and a full floor plan will be available soon. Don’t miss your opportunity to view this flexible, well-located coastal home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,940
Year Built
- Built in 1958
Lot Details
- Property is zoned TR
Interior Spaces
- 2,233 Sq Ft Home
- Ceiling Fan
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 7 / 1523
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,941 | $275,300 | $117,400 | $157,900 |
| 2024 | $5,941 | $275,300 | $117,400 | $157,900 |
| 2023 | $5,765 | $275,300 | $117,400 | $157,900 |
| 2022 | $5,339 | $275,300 | $117,400 | $157,900 |
| 2021 | $5,206 | $275,300 | $117,400 | $157,900 |
| 2020 | $5,094 | $275,300 | $117,400 | $157,900 |
| 2019 | $4,953 | $275,300 | $117,400 | $157,900 |
| 2018 | $4,860 | $275,300 | $117,400 | $157,900 |
| 2017 | $4,760 | $275,300 | $117,400 | $157,900 |
| 2016 | $4,604 | $275,300 | $117,400 | $157,900 |
| 2015 | $4,568 | $275,300 | $117,400 | $157,900 |
| 2014 | $4,535 | $275,300 | $117,400 | $157,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $499,500 | -8.5% | $224 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $545,999 | -- | $245 / Sq Ft |
Source: Cape May County Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $260,000 | Singer Jonas | |
| Deed | $2,370,000 | The Title Company Of Jersey | |
| Deed | $2,050,000 | The Title Company Of Jersey | |
| Bargain Sale Deed | $500,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $269,360 | VA | |
| Closed | $269,360 | VA | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Stand Alone Second | |
| Previous Owner | $2,170,000 | Stand Alone First | |
| Previous Owner | $200,000 | Stand Alone Second | |
| Previous Owner | $1,700,000 | Balloon |
Source: Public Records
Similar Homes in Rio Grande, NJ
Source: Cape May County Association of REALTORS®
MLS Number: 251803
APN: 06-01523-0000-00007
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Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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