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    Rio Grande, NJ
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    Rio Grande, NJ Multifamily Properties 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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Rio Grande, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Seven-Unit Multifamily Property
    Seven-Unit Multifamily Property

    115 W Poplar, Wildwood, NJ 08260

    $1,499,000
    7,000 sqft

    Seven apartments across two buildings in Wildwood, with new roofs and on-site laundry.

    View details
    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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    Four-Unit Quadplex with Detached Cottage
    Four-Unit Quadplex with Detached Cottage

    206 E Glenwood Avenue, Wildwood, NJ 08260

    Contact for pricing

    Four separate units plus a fully separate detached cottage with its own utilities.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Turnkey Camping Property in Horntown
    Turnkey Camping Property in Horntown

    354-355* SEA BASS DR lot: 2Lots, Horntown, VA 23395

    $163,500
    0.16 AC lot

    High-end camping with access to numerous amenities.

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    Lot Near Crabbing Pier
    Lot Near Crabbing Pier

    WALLOPS DRIVE lot: 153, Horntown, VA 23395

    $57,500
    0.09 AC lot

    Residential lot with septic and water view in Horntown.

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    Chincoteague Island Mobile Home Lot
    Chincoteague Island Mobile Home Lot

    SEAHORSE DR lot: 6B, Chincoteague, VA 23336

    $145,000
    0.12 AC lot

    Vacant lot near beach, boating, and wildlife areas.

    View details
    Chincoteague Island Lot with Utilities
    Chincoteague Island Lot with Utilities

    2339 BAY BREEZE DR lot: 44, Chincoteague, VA 23336

    $104,900
    0.05 AC lot

    Residential lot with utilities near Curtis Merritt Harbor.

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    Off-Market Properties in Rio Grande, NJ

    Consider similar Off-Market properties in Rio Grande, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    107 Pennsylvania Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    107 Pennsylvania Ave, Rio Grande, NJ 08242-2027

    Value Estimation by Request
    0.69 AC lot
    View details

    Rio Grande, NJ Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Rio Grande, NJ on our real estate platform.

    Sale prices for multifamily properties 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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