Price Reduction
Address
1071 Route 47 S Rio Grande, NJ
Price
$ 799,000
Property Attributes
  • MLS#NJCM104932
  • TypeSingle Family
  • CountyCAPE MAY
  • CityRio Grande
  • AreaMiddle Twp
  • NeighborhoodRio Grande
  • Zip08242
  • StyleDwelling w/Separate Living Area
  • Year Built1878
  • Taxes$ 8301
  • Price$ 799,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Lot Size1.4 Acres
Listing Provided Courtesy Of:
Haines Realty, LLC
Data Source:
Bright MLS - 382 - MD
Property Description

INVESTORS, BUSINESS OPPORTUNISTS, AND ALL INTERESTED PARTIES – You Know What They Say – LOCATION LOCATION LOCATION! Options are endless with the incredible opportunity to own this commercial property in the heart of the business district in Rio Grande, New Jersey, the hub of business activity in lower Cape May County! Currently operating as a tattoo studio, this 1.40 acre parcel (60,984 sq feet) offers 153.9 feet of frontage on Route 47 S, a ¼ mile shy of Railroad Avenue. With a depth on the right of 513 feet, there is a ton of space for structure, parking, storage, etc. The existing structure was built in 1878. The first level consists of the tattoo business. The second level is an apartment with two bedrooms, one bathroom, living room, kitchen, and office. There is a third floor made up of two bedrooms and a half bath. Whether your plan is to restore the existing structure or tear down and create new, there are endless possibilities for this commercial property. TIMING IS EVERYTHING AND THIS IS AN AWESOME OPPORTUNITY TO BUY COMMERCIAL IN THE HEART OF THE BUSINESS DISTRICT!!

Price History
4/13/2021 Listed $899,000
9/21/2021 12% - $799,000

General Features

Accessibility 2+ Access Exits
Architectural Style Dwelling w/Separate Living Area
Association Y/N No
Bathrooms Count Main Level 1.00
Bathrooms Full Main Level 1
Condo/Coop Association Y/N No
Construction Materials Block, Other, Wood Siding
Cool Fuel Electric
Cooling Wall Unit
County CAPE MAY
Days on Market 167
Exclusions All equipment relative to tattoo business is excluded from the sale.
Garage Y/N No
Heating Hot Water & Baseboard - Electric
Levels 3
MLS Area Middle Twp (20506)
Municipality MIDDLE TWP
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Immediate
Property Type Residential
Roof Shingle
Senior Community Y/N No
Sewer Public Septic
Structure Type Detached
Subdivision Name RIO GRANDE
Tax Annual Amount 8301.0
Tax Lot 00003
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning TB
Zoning Description Commercial

Interior Features

Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Bathrooms Count All Upper Levels 2
Bathrooms Count Upper Level 1 1.00
Bathrooms Count Upper Level 2 1.00
Bathrooms Full All Upper Levels 1
Bathrooms Full Upper Level 1 1
Bathrooms Half All Upper Levels 1
Bathrooms Half Upper Level 2 1
Bedrooms Count All Upper Levels 4
Bedrooms Count Upper Level 1 2
Bedrooms Count Upper Level 2 2
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N No
Full Baths 2
Half Baths 1
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric, Natural Gas
Room Type Living Room, Kitchen, Office, Commercial/Retail Space
Total Baths 3
Total Bedrooms 4

Exterior Features

Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.40
Lot Size Source Assessor
Lot Size Square Feet 60984.00
Navigable Water Y/N No
Parking Lot - # Of Spaces 7
Pool Y/N No Pool
Total Parking Spaces 7
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Room Details

Room Dimensions Level Flooring Details
Commercial/Retail Space Main
Kitchen Upper 1
Living Room Upper 1
Office Upper 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 08242

Price
AVG $380K
$800K
Taxes
AVG $4,598
$8,301
Visits
AVG 42
417
Year Built
AVG 1982
1878
Walkscore
AVG 38
43
Data Provided by Walkscore ® not using MLS data

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