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Residential Land Development Opportunity
For Sale
$400,000
Pending

3118 Shunpike Road, Rio Grande, NJ 08242

Property offers potential for multiple buildable lots, with existing month-to-month tenant-occupied structures.

Property SizeContact for details
Days on Market572

Property Features for 3118 Shunpike Road

General Information

Standard status Pending
Property subtype LOTS/LAND / Other

Taxes and HOA fees

Annual Taxes $999,999,999
Listing Agency: ATLANTIS REALTY
Listed By: Rosemary Rallo · License #0341191
Source: Compass
Added: Jan 14, 2025 Changed: Aug 8 Last Checked: Mar 26 at 5:26AM

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 ATLANTIS REALTY

Investment Insights

Based on property information with market context.

This property is being marketed as a residential land development opportunity with the possibility of up to seven buildable lots. The site currently includes several structures that are occupied by tenants on month-to-month leases.

Sale is contingent upon the buyer obtaining a major subdivision at the buyer’s sole cost, including the lots that the seller will retain.

Access to the property should be coordinated in advance. Please do not walk the property without notifying the listing agent.

Key Highlights

  • Possibility of 7 buildable lots
  • Includes several existing structures with tenants on month‑to‑month leases
  • Sale is contingent on buyers obtaining a major subdivision at buyers’ sole cost, including the lots the seller keeps

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Parts Store HVAC Service Plumbing Service 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.

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Property offers potential for multiple buildable lots, with existing month-to-month tenant-occupied structures.
Where is this residential land & home lot located?
The property is located at 3118 Shunpike Road Rio Grande, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Possibility of 7 buildable lots; Includes several existing structures with tenants on month‑to‑month leases; Sale is contingent on buyers obtaining a major subdivision at buyers’ sole cost, including the lots the seller keeps
More about this property
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