Residential Income

Rio Grande, NJ Residential Income Properties for Sale

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Whitesboro, NJ Cape May Court House, NJ Green Creek, NJ Cape May, NJ Erma, NJ Villas, 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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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.

Four-Unit Shell Quadplex
Four-Unit Shell Quadplex

155 W HAND AVENUE, Wildwood, NJ 08260

$520,000
1,948 sqft

Legal four-unit layout includes two two-bedroom and two one-bedroom apartments.

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Bay-View Duplex with Decks
Bay-View Duplex with Decks

523 W Maple Avenue, West Wildwood, NJ 08260

$799,000
0.15 AC lot

Two updated units provide outdoor living areas, a fenced backyard, and private driveway parking near the bay.

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Two-Unit Duplex with Bay Views
Two-Unit Duplex with Bay Views

523 W Maple Ave, Wildwood, NJ 08260

$799,000

Separate upper and lower residences feature updated kitchens, full-length decks, and a fenced outdoor area with a shower and shed.

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Bay-View Duplex with Full-Length Decks
Bay-View Duplex with Full-Length Decks

523 W Wildwood Ave, West Wildwood, NJ 08260

$799,000

Two separate units feature updated kitchens, LVP flooring, and ceiling fans.

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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.

Residential Lot in North Cape May
Residential Lot in North Cape May

240 Marshall Road, North, Cape May, NJ 08204

$669,990

Shovel-ready residential lot in North Cape May.

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Cape May Homesite Opportunity
Cape May Homesite Opportunity

122 Central Ave, Cape May Court House, NJ 08210

$150,000
0.41 AC lot

Corner homesite near beaches, shopping, and Garden State Parkway.

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Residential Land in Prime Neighborhood
Residential Land in Prime Neighborhood

122 Central Avenue lot: 13, Cape May Court House, NJ 08210

$150,000
0.42 AC lot

Corner homesite for custom home with coastal convenience.

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Bayside Homesite in Wildwood Crest
Bayside Homesite in Wildwood Crest

9300 Bayview Drive lot: 2.06, Wildwood Crest, NJ 08260

$650,000

Waterfront land for legacy home with bay views.

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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

Estimated value:
$325,000
0.69 AC lot
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Rio Grande, NJ Residential Income Properties Market Trends and Statistics

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

Sale prices for residential income 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
Multifamily properties 1
Single family properties 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
Cape May Court House - 08210 $575K

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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