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47 S Rio Grande, NJ 08242

For Sale
$1,299,900

Other - Rio Grande, NJ

Days on Market:
130
Last Refresh:
Dec 14 at 5:06 am

Property Features for 47 S

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Zoning
COMM/RES
Exterior features
Paved Road, Gas, Electric, Water, Sewer

Building Details

Architectural style
Other

WEICHERT REALTORS CITY TO SHORE (609) 886-8200

Listing agent Daniel Harris (609) 886-8200 License #0570791

Listing date Aug 7, 2025

MLS# 250368 Listing URL

Copyright © 2025 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Land with Rental Income Potential

This large parcel of land, zoned for town business and residential use, features 360 feet of frontage on Route 47 South. Currently, there are three rental properties on the land. One property is a duplex, generating a total monthly rental income of $3,540. Another is a single-family home, renting for $2,000 per month, and the third, located on the corner, rents for $1,550 per month. The combined monthly rental income from all three properties is $6,115. The owner intends to sell all three properties together. Permitted uses under the zoning include retail sales, service uses, restaurants (excluding drive-throughs in the Cape May Court House Overlay Zone), professional offices, banks and similar financial institutions, business offices, health care facilities and services, bed-and-breakfasts, studios, recreational, cultural, and entertainment facilities, automobile, camper, and boat sales (except in the Cape May Court House Overlay Zone), apartments above a permitted commercial use (with a maximum of two units and a maximum floor area of 2,000 square feet per unit), and care facilities.
Location Intelligence

Current Use by Public Records

Duplexes

Map

City
Rio Grande
County
Cape May
State
New Jersey
Longitude
-74.8749
Latitude
39.0203

FAQs

What type of property is this?
Duplex - Large parcel with three rental properties and business zoning.
Where is this duplex located?
The property is located at 47 S Rio Grande, NJ.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: - Large parcel with 360 feet of frontage on Route 47 South.; - Zoned Town Business, offering a wide range of permitted uses.; - Currently includes three rental properties generating $6,115 monthly income.
More about this property
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