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Three-Building Mixed-Use Property
For Sale
Contact for pricing
Pending

1304 Route 47, Rio Grande, NJ 08242

Commercial and residential units are arranged across multiple buildings with additional space for leasing possibilities.

Property SizeContact for details
Days on Market142

Property Features for 1304 Route 47

General Information

Standard status Pending
Property subtype Industrial, Retail

Additional Details

Multifamily Units 4

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Compass New Jersey-Ocean City
Listed By: Eric Booth · License #NJ 9588156
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass New Jersey-Ocean City

Investment Insights

Based on property information with market context.

This mixed-use property at 1304 Route 47 in Middle Township, New Jersey, includes three buildings with more than 30 commercial units in varied configurations. The property also contains four residential units, creating a combination of commercial and residential occupancy within one assembled asset.

Commercial spaces are described as serving a range of unit sizes, while additional leasing potential is identified among vacant units. The property also offers potential for a second story, which could expand the residential component. Its location in Rio Grande places the asset within an area described as continuing to develop.

Key Highlights

  • Three buildings with more than 30 commercial units
  • Four residential units included
  • Commercial units offered in a range of sizes

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Barber Shop Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby
121k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Dining 37% Home Improvements & Furnishings 12% Electronics 1%
Wawa Shops & Services
41,093 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
12,873 visits/mo 0.3 miles
Burger King Dining
12,210 visits/mo 0.2 miles
Taco Bell Dining
11,660 visits/mo 0.2 miles
Dunkin' Donuts Dining
7,954 visits/mo 0.2 miles

Demographics for 08242, NJ

4,067
Population
2,083
Households
2
Avg Household Size
47
Median Age
31%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
847
Density / Sq Mi
$97,831
Median Household Income
$34,290
Median Earnings
$1,486
Median Rent
$306,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial and residential units are arranged across multiple buildings with additional space for leasing possibilities.
Where is this mixed-use property located?
The property is located at 1304 Route 47 Rio Grande, NJ.
What are key features of this property?
This property features: Three buildings with more than 30 commercial units; Four residential units included; Commercial units offered in a range of sizes
More about this property
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