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    Route 9 South Rio Grande, NJ 08242

    For Sale
    $1,950,000

    Vacant Lot - Edgewood, NJ

    Days on Market:
    237
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for Route 9 South

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    TC

    Building Details

    Architectural style
    Other

    Coastline Realty, LLC (609) 884-5005 [email protected]

    Listing agent Robert Hartman Jr (609) 884-5005 License #0446948

    Listing date Apr 23, 2025

    MLS# 250044 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

    20 Acres Development Opportunity

    This vacant property presents a development opportunity, encompassing approximately 20 acres in the expanding Edgewood/Rio Grande area. The land extends from the east side of Route 9, with approximately 177 feet of frontage, to the Garden State Parkway, situated on the south side of Edgewood Avenue. According to Middle Township, potential sewer access is available near Route 9. The owner has obtained an expired New Jersey Department of Environmental Protection Letter of Interpretation Report from 2006 for the property. Block 1153, Lot 3 and Block 1154, Lot 1 are zoned TC (Town Center). Blocks 1155-1164 are all Lot 1, zoned SR (Suburban Residential).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rio Grande
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.860125
    Latitude
    39.033261

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    FAQs

    What type of property is this?
    Land - 20 acre vacant lot in rapidly expanding Edgewood, New Jersey.
    Where is this land located?
    The property is located at Route 9 South Rio Grande, NJ.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - 20-acre development opportunity in a rapidly expanding area.; - Zoned TC (Town Center) and SR (Suburban Residential) offering diverse development options.; - Potential sewer access in the vicinity of Route 9.
    (609) 884-5005
    Request Owner's contact information
    Route 9 South Rio Grande, NJ 08242
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    Rio Grande, NJ 08242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Route 9 South Rio Grande, NJ 08242
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