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    Property profile & analytics

    1801 Rte 47th S Rio Grande, NJ 08242-1407

    • Motels
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US59-1748473
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motels

    Property Details for 1801 Rte 47th S

    Year built
    1972
    Lot size
    0.87 lot acres
    Zone code
    TC
    Property type
    Motels
    APN
    06 01523-0000-00001
    APU
    601523000000001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rio Grande
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.8691
    Latitude
    39.0098
    CBSA code
    36140
    CBSA name
    OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $44,958
    $1,239,000
    $975,700
    $2,214,700
    -
    $1,239,000
    $975,700
    $2,214,700

    Comparable in this City

    • Value Estimation by Request
      0.52 Acres

      1507 Rte 47

      MOTEL • 0.52 Acres
      1507 Rte 47, Rio Grande, NJ 08242-1401
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    • Value Estimation
      $645,000
      1.12 Acres

      1031 Rte 47th S

      MOTEL • 1.12 Acres
      1031 Rte 47th S, Rio Grande, NJ 08242-1509
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    • Value Estimation by Request
      1.55 Acres

      3172 Rte 9th S

      MOTEL • 1.55 Acres
      3172 Rte 9th S, Rio Grande, NJ 08242-1019
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    • Value Estimation
      $260,000
      0.57 Acres

      100 6th Ave

      MOTEL • 0.57 Acres
      100 6th Ave, Rio Grande, NJ 08242
      View Details
    • Value Estimation
      $320,000
      0.34 Acres

      1019 Rte 47th S

      MOTEL • 0.34 Acres
      1019 Rte 47th S, Rio Grande, NJ 08242-1511
      View Details
    • Value Estimation by Request
      0.92 Acres

      1410 Rte 47

      MOTEL • 0.92 Acres
      1410 Rte 47, Rio Grande, NJ 08242-1306
      View Details

    Similar Nearby for Sale

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      Residential Vacant Lot in Rio Grande

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    Similar Nearby for Lease

    • Contact for pricing
      10,326 SF

      Rio Grande Plaza: Retail Sublease

      10,326 SF Retail Space Available
      1500 Route 47, Rio Grande, NJ 08242
      View Details
    • Contact for pricing
      636 SF

      Retail Spaces Near High-Traffic Supermarket

      Retail spaces available near high-volume supermarket on Route 47.
      1700 Route 47 S, Rio Grande, NJ 08242
      View Details
    • Contact for pricing
      89,890 SF

      Prime Rio Grande Retail Space

      Four Suites Available, 573-753 SF
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      View Details
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    1801 Rte 47th S
    Rio Grande, NJ 08242-1407
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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
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