1071 Highway 47

Rio Grande, NJ 08242

$799,000
Price
4
Beds
2
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Edward W Haines • Haines Realty, LLC
    P: 6092094450 edhaines1@gmail.com
  2. Listed by Barbara Regina Kerrigan • Haines Realty, LLC
    P: 6093779976 barbarakerrigan03@gmail.com

Property Details for 1071 Highway 47

Tax ID Number
06-01431 01-00003
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Dwelling w/Separate Living Area
Levels/Stories
3
Waterfront
No

Location

Listing Courtesy of Haines Realty, LLC
Add your commute
LISTING UPDATED: 02/09/2024 05:19 PM

Property Details for 1071 Highway 47

StatusPending
MLS #NJCM104932
Days on Market1033
Taxes$11,841 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1878
Lot Size1.40 AC / 60,984 SF
CountyCape May County

Location

Listing Courtesy of Haines Realty, LLC
Add your commute

Building Information for 1071 Highway 47

Stories3Year Built1878Building Size-Lot Size1.40 AC / 60,984 SF

Payment Calculator

$5,347 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,360

Property Taxes

$987

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1071 Highway 47

Location
Location
  • School District Name: MIDDLE TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396108
  • SchoolDistrictSource: Listing Agent
  • County: CAPE MAY
  • MLS Area: Middle Twp (20506)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Property Manager Y/N: No
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $583,300
  • Year Assessed: 2023
  • Improvement Assessed Value: $165,300
  • Land Assessed Value: $418,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: TB
  • Zoning Dscrp: Commercial
  • Tax Lot: 00003
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 4
  • # Bathrooms Count All Upper Levels: 2
  • # Bathrooms Full All Upper Levels: 1
  • # Bathrooms Half All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Upper Level 2
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Half Upper Level: 1
Rooms
  • Room List: Living Room, Kitchen, Office, Commercial/Retail Space
  • Stories: Main, Upper 1, Upper 2
Rooms Information
Room 1
  • Room Type: Living Room
  • Room Level: Upper 1
  • Room Exists: Yes
Room 2
  • Room Type: Commercial/Retail Space
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Kitchen
  • Room Level: Upper 1
  • Room Exists: Yes
Room 4
  • Room Type: Office
  • Room Level: Upper 1
  • Room Exists: Yes
Building Info
Building Info
  • Total Finished SQFT: .00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 3784654
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 7
Interior Features
Interior Features
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Electric, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Septic
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 1071 Highway 47

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1071 Highway 47

Taxable ValueLand$418,000Additions$165,300Total$583,300
Tax Record2022$8,723 ($727 / month)
Home Facts
Total Finished SqFt956 SqFtAbove Grade Finished SqFt956 SqFtLot Size60,984 SqFtStyleMiscellaneous CommercialYear Built1878ZoningTBCountyCAPE MAYAPN06 01431- 01-00003

Schools near 1071 Highway 47

This home is within Middle Township Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Middle Township #1 Elementary School
PublicPK to 2

Middle Twp Elementary 2
Public3 to 5

Middle Township #4 Middle School
Public6 to 8

Middle Twp High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Haines Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.