1071 Route 47 S

Rio Grande, NJ
$ 899,000 Beds 4 Baths 2 Sq 60,984
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. TIMING IS EVERYTHING AND THIS IS AN AWESOME OPPORTUNITY TO BUY COMMERCIAL IN THE HEART OF THE BUSINESS DISTRICT!!

Single Family

  • Price
  • $ 899,000
  • Lot Size
  • 1.4 Acres
  • Bedrooms
  • 4
  • Sqr Footage
  • 60,984
  • Full Bathrooms
  • 1
  • Year Built
  • 1878
  • Half Bathrooms
  • 2
  • City, Zip
  • Rio Grande
  • Taxes
  • $ 8301
  • County
  • CAPE MAY
  • Style
  • Area
  • Rio Grande
  • MLS#
  • 211332
  • Zip
  • 08242
Listing Provided by: HAINES REALTY
Data Source: Cape May County MLS

Features

General

Cooling Wall Air Conditioning
Heating Baseboard, Hot Water
Sewer Public
Type Single Family
Water Public

Interior Features

Hot Water Electric, Gas- Natural

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary 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 Moorestown, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

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

4/14/2021 Listed $899,000

Property vs Zip Code Average in 08242

Price
AVG $390K
$900K
Taxes
AVG $4,864
$8,301
Visits
AVG 35
66
Year Built
AVG 1958
1878
Walkscore
AVG 42
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 with 60984 sqft and a lot size of 1.4 Acres Acre(s). 1071 Route 47 S Rio Grande has 4 bedrooms, 1 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.