$1,299,900

1021-1025-1029 Route 47 Rio Grande, NJ 08242

Estimated payment $7,854/month

Total Views 10,095
8.27 Acres
$157,183 Price per Acre
360,241 Sq Ft Lot

About This Lot

Attention all investors. This large parcel of land has finally hit the market. 360 Feet of frontage on Route 47 south. It is zoned town Business. At this present time there are 3 rental properties. 1029 is a duplex which rents for a total of 3540 per month. 1025 is a single family and rents for 2000 per month and 1021 is on the corner and rents for 1550 a month. A total of 6115 per month. Owner is selling all 3 together and does not want to sell individually. Surveys and zoning documents are in the associate docs. B. Permitted uses:(1) Retail sales. (2)Service uses (3) Restaurants, with the exception of drive-throughs in the Cape May Court House Overlay Zone. (4) Professional offices. (5) Banks and similar financial institutions.(6) Business offices. (7) Health care facilities and services. (8) Bed-and-breakfasts. (9) Studios. (10) Recreational, cultural and entertainment facilities (11) Automobile, camper, and boat sales, except in the Cape May Court House Overlay Zone. (12) Apartment(s) above a permitted commercial use, with a maximum of two units and a maximum floor area of 2,000 square feet per unit.(13) Care facilities.

Listing Agent

Dan Harris

WEICHERT REALTORS CITY TO SHORE License #0570791 Listed on: 02/12/2025

WEICHERT REALTORS CITY TO SHORE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,031

Lot Details

  • Property fronts a highway
  • Cleared Lot
  • Property is zoned Multi-Family, Commercial, COMM/RES

Listing and Financial Details

  • Legal Lot and Block 37,38,36 / 1427

Property Details

Property Type

Land

Est. Annual Taxes

$12,031

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Other
  • Location: Highway, Mainland
  • District Township: 06-Middle Township
  • Lot Size2: 360x200 ir
  • OFFICELIST_STATE: NJ
  • Street Designation: Route
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 360

Lot Info

  • Lot Number: 37,38,36
  • Lot Size: 1+ Acre to 5 Acres
  • Zoning: COMM/RES
  • Improvements: Paved Road, Gas, Electric, Water, Sewer
  • Topography: Cleared
  • Zoning: Residential, Multi-Family, Commercial

Tax Info

  • Taxes: 12031
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 For Sale $1,299,900 -- --
Source: Cape May County Association of REALTORS®

Source: Cape May County Association of REALTORS®

MLS Number: 250368

Cape May County Association of REALTORS®
New Jersey Cape May County Rio Grande 08242

1021-1025-1029 Route 47, Rio Grande, NJ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® 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.

Nearby Homes
Dan Harris
Listing Agent
Dan Harris
Section Image
WEICHERT REALTORS CITY TO SHORE
(609) 474-3067