For Sale
Asking Price - $799,000
Days on Market - 717
1071 Route 47
Rio Grande, NJ 08242
Asking Price
$799,000
Days on Market
717
Bedrooms
4
Full Baths
2
Partial Baths
1
Acres
1.40
Age
145
Heating
Natural Gas
Cooling
Wall Unit
Water
Public
Sewer
Public Septic
Garages
0
Taxes (2023)
11,841
Additional Details Below
EveryHome Realtor
Views : 119
Description
LISTING UPDATE - JANUARY 11, 2023: THE DEPARTMENT OF ENVIRONMENTAL PROTECTION (DEP) HAS DETERMINED THAT FRESHWATER WETLANDS AND WATERS ARE NOT PRESENT ON THIS PROPERTY, AND THAT NO PART OF THE PROPERTY OCCURS WITHIN A TRANSITION AREA OR BUFFER. THE MIDDLE TOWNSHIP TAX ASSESSOR'S OFFICE HAS UPDATED ITS RECORDS. ACCORDINGLY, THE LAND ASSESSMENT HAS AN INCREASE OF $153,600, RESULTING IN A TOTAL PROPERTY ASSESSMENT OF $583,300. AS OF JUNE 29, 2022, A NEW TOPOGRAPHIC SURVEY WAS COMPLETED - DUE TO SIZE IS NOT INCLUDED HEREIN BUT AVAILABLE IN HARD COPY FOR INTERESTED PARTIES. NEW SURVEY MARKERS IN PLACE FOR POTENTIAL BUYERS WANTING TO WALK THE PROPERTY. FOR INVESTORS, BUSINESS OPPORTUNISTS, AND ALL INTERESTED PARTIES, THIS LOCATION CAN'T BE BEAT. 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!! To schedule a showing, contact Barbara Kerrigan at Haines Realty.
Location
Driving Directions
Parcel is 1/4 mi shy of Railroad Avenue on Route 47 S in Rio Grande, NJ.
Listing Details for 1071 Route 47
Summary
Architectural Type
• Dwelling w/Separate Living Area
Interior Features
Rooms List
• Living Room, Kitchen, Office, Commercial/Retail Space
Exterior Features
Exterior Features
• Block, Wood Siding
Utilities
Cooling
• Wall Unit, Electric
Heating
• Hot Water & Baseboard - Electric, Natural Gas
Hot Water
• Electric, Natural Gas
Lattitude : 39.017763
Longitude : -74.885046
MLS Number : NJCM104932
Listing Courtesy: Haines Realty, LLC
Notes
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