1071 Route 47 S

Rio Grande, NJ
$ 899,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

INVESTORS, BUSINESS OPPORTUNISTS, AND ALL INTERESTED PARTIES – You Know What They Say – LOCATION LOCATION LOCATION! Options are endless with the incredible opportunity to own this commercial property in the heart of the business district in Rio Grande, New Jersey, the hub of business activity in lower Cape May County! Currently operating as a tattoo studio, this 1.40 acre parcel (60,984 sq feet) offers 153.9 feet of frontage on Route 47 S, a ¼ mile shy of Railroad Avenue. With a depth on the right of 513 feet, there is a ton of space for structure, parking, storage, etc. The existing structure was built in 1878. The first level consists of the tattoo business. The second level is an apartment with two bedrooms, one bathroom, living room, kitchen, and office. There is a third floor made up of two bedrooms and a half bath. Whether your plan is to restore the existing structure or tear down and create new, there are endless possibilities for this commercial property. PLEASE CALL BARBARA KERRIGAN WITH HAINES REALTY AT 609-377-9976 TO TOUR THE GROUNDS AND/OR SCHEDULE AN APPOINTMENT FOR A SHOWING OF THE EXISTING STRUCTURE. TIMING IS EVERYTHING AND THIS IS AN AWESOME OPPORTUNITY TO BUY COMMERCIAL IN THE HEART OF THE BUSINESS DISTRICT!!

Commercial

  • Price
  • $ 899,000
  • Lot Size
  • 1.4 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1878
  • Half Bathrooms
  • 0
  • City, Zip
  • Rio Grande
  • Taxes
  • $ 8301
  • County
  • CAPE MAY
  • Style
  • Commercial,Light Industrial,Office Building,Restau
  • Area
  • Middle Twp
  • MLS#
  • 549454
  • Zip
  • 08242
Listing Provided by: Haines Realty
Data Source: South Jersey Shore Regional MLS

Features

General

Class COMMERCIAL/INDUSTRIAL
Flooring Linoleum/Vinyl
Heating Baseboard, Hot Water
Listing Area Middle Twp
Location Business District
Parking 6 to 10 Spaces
Road Frontage State
Roof Pitched
Sewer Public Sewer
Status Active
Status Active
Style Commercial, Light Industrial, Office Building, Restaurant, Retail
Tax Year 2020
Taxes 8301
Water Public
Year Built 1878

Interior Features

Air Conditioning Wall Units
Hot Water Electric, Gas
Interior Features Living Space Available, Restroom, Storage
Specialty Rooms Office Space Avail.
Stories 3

Exterior Features

Exterior Features Storage Building
Exterior/Siding Block, Frame/Wood
Lot Dimensions 153.9 x 513
Lot Size Area 1.4
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/15/2021 Listed $899,000

Property vs Zip Code Average in 08242

Price
AVG $1.32M
$900K
Taxes
AVG $18,841
$8,301
Visits
AVG 32
33
Year Built
AVG 1919
1878
Walkscore
AVG 49
43
Data Provided by Walkscore ® not using MLS data

Map

1071 Route 47 S Rio Grande, NJ is a Single Family Home for sale at $899000 and a lot size of 1.4 Acres Acre(s). 1071 Route 47 S Rio Grande has 0 bedrooms, 0 baths and was built in 1878. The property's zip code is 08242 which is in Rio Grande, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.