1071 Route 47 S

Rio Grande, NJ
$ 799,000 Beds 4 Baths 2.5
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
  • $ 799,000
  • Lot Size
  • 1.4 Acres
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • Year Built
  • 1878
  • Half Bathrooms
  • 1
  • City, Zip
  • Rio Grande
  • Taxes
  • $ 8301
  • County
  • CAPE MAY
  • Style
  • Dwelling w/Separate Living Area
  • Area
  • Middle Twp
  • MLS#
  • NJCM104932
  • Zip
  • 08242
Listing Provided by: Haines Realty, LLC
Data Source: Bright MLS - 382 - MD

Features

General

Accessibility 2+ Access Exits
Architectural Style Dwelling w/Separate Living Area
Association Y/N No
Bathrooms Count Main Level 1.00
Bathrooms Full Main Level 1
Condo/Coop Association Y/N No
Construction Materials Block, Other, Wood Siding
Cool Fuel Electric
Cooling Wall Unit
County CAPE MAY
Days on Market 181
Exclusions All equipment relative to tattoo business is excluded from the sale.
Garage Y/N No
Heating Hot Water & Baseboard - Electric
Levels 3
MLS Area Middle Twp (20506)
Municipality MIDDLE TWP
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Pool Y/N No Pool
Possession Immediate
Property Type Residential
Roof Shingle
Senior Community Y/N No
Sewer Public Septic
Structure Type Detached
Subdivision Name RIO GRANDE
Tax Annual Amount 8301.0
Tax Lot 00003
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning TB
Zoning Description Commercial

Interior Features

Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Bathrooms Count All Upper Levels 2
Bathrooms Count Upper Level 1 1.00
Bathrooms Count Upper Level 2 1.00
Bathrooms Full All Upper Levels 1
Bathrooms Full Upper Level 1 1
Bathrooms Half All Upper Levels 1
Bathrooms Half Upper Level 2 1
Bedrooms Count All Upper Levels 4
Bedrooms Count Upper Level 1 2
Bedrooms Count Upper Level 2 2
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N No
Full Baths 2
Half Baths 1
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric, Natural Gas
Room Type Living Room, Kitchen, Office, Commercial/Retail Space
Total Baths 3
Total Bedrooms 4

Exterior Features

Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.40
Lot Size Source Assessor
Lot Size Square Feet 60984.00
Navigable Water Y/N No
Parking Lot - # Of Spaces 7
Total Parking Spaces 7
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Room Details

Commercial/Retail Space Main
Kitchen Upper 1
Living Room Upper 1
Office Upper 1

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 Villas, 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 2.99% 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

4/13/2021 Listed $899,000
9/21/2021 12% - $799,000

Property vs Zip Code Average in 08242

Price
AVG $410K
$800K
Taxes
AVG $4,464
$8,301
Visits
AVG 57
450
Year Built
AVG 1974
1878
Walkscore
AVG 33
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 $799000 and a lot size of 1.4 Acres Acre(s). 1071 Route 47 S Rio Grande has 4 bedrooms, 2 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 2.99% 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.