Duplex

Rio Grande, NJ Duplexes for Sale

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Whitesboro, NJ Cape May Court House, NJ Cape May, NJ Green Creek, NJ Villas, NJ Erma, NJ West Wildwood, NJ Wildwood, NJ
Land with Rental Income Potential
Updated: Feb 12, 2025
Land with Rental Income Potential

1021-1025-1029 S 47 Route lot: 37,38,36, Rio Grande, NJ 08242

$1,299,900
Large parcel with 360 feet of frontage on Route 47 South.
Zoned Town Business, offering diverse development opportunities.
Currently includes three rental properties generating a total of $73,380 annual income.
Permitted uses include retail, service, restaurants, offices, healthcare, and more.
Includes a duplex (1029) renting for $3,540 per month.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Rio Grande, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Move-In-Ready Duplex with Pool
Move-In-Ready Duplex with Pool

5606 Pacific Avenue, Wildwood Crest, NJ 08260

$2,350,000

Well-maintained duplex with two units, a front porch, and a backyard pool, near Wildwood Crest beaches.

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Wildwood Crest Multifamily Income Property
Wildwood Crest Multifamily Income Property

5606 Pacific Avenue, Wildwood Crest, NJ 08260

$2,350,000

Move-in-ready duplex near beaches offering income potential.

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Restored Coastal Home Near Boardwalk
Restored Coastal Home Near Boardwalk

227 East Cresse Avenue, Wildwood, NJ 08260

$1,499,777

Renovated 1930s shore home near beach and boardwalk.

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Mixed-Use Income Corner Property
Mixed-Use Income Corner Property

2701-2703 New Jersey Avenue, Wildwood, NJ 08260

Contact for pricing

High-traffic corner property with an end building used as a sandwich shop plus a two-unit duplex with off-street parking.

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Rio Grande, NJ Duplexes Market Trends and Statistics

Explore 1 duplexes for sale in Rio Grande, NJ on our real estate platform.

Sale prices for duplexes in Rio Grande, NJ average $1,299,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 4,021
Population Growth (5Y) +24.1%
Median Household Income $97,831
College Educated 44.3%

High-Yield Neighborhoods for Investment

Identify Rio Grande submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
08242 $874.9K

Taxes & Financing

Tax Rate (average for all types) 2.02%
Property Tax per SF $48.11 per SF
Tax Rate vs County Average 0.39 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cape May County

New Delisted

Total CRE Inventory on Market (SF)

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