118 Rio Grande Avenue

Wildwood, NJ 08260

$1,500,000
Price
3
Beds
1
Bath
3,000 Sq. Ft.
$500 / Sq. Ft.
3,000
Sq. Ft.
$500
per Sq. Ft.

Description

Opportunities Galore: Keep it as is with the house & office. Convert the office to an apartment for rental income. Convert the office and make it part of a big 5 BR house. A DOUBLE LOT zoned COMMERCIAL and RESIDENTIAL in the heart of Wildwood close to the beach. This large 80 x 100 lot is conveniently located in the heart of all that is happening in Wildwood on East Rio Grande Ave! It is within easy walking distance to major restaurants and the beach. This is a large property that provides the homeowner...Opportunities Galore: Keep it as is with the house & office. Convert the office to an apartment for rental income. Convert the office and make it part of a big 5 BR house. A DOUBLE LOT zoned COMMERCIAL and RESIDENTIAL in the heart of Wildwood close to the beach. This large 80 x 100 lot is conveniently located in the heart of all that is happening in Wildwood on East Rio Grande Ave! It is within easy walking distance to major restaurants and the beach. This is a large property that provides the homeowner with off street parking and privacy with a large fenced in backyard. The house occupies the second and third floors. The 2nd floor is where the large eat in kitchen, large living room, two bedrooms, bath and an additional sitting area are located. The finished attic occupies the 3rd bedroom, large closet and an abundance of storage. It is zoned GC (general commercial) and features a beautiful multi room office on the first floor with half bath, customer walk in access and convenient off street customer parking. This truly is a unique property for the homeowner and business owner looking to do it all at the shore! Property sold as is. Owners' property disclosure attached in associated docs.
  1. Listed by James "Chris" Lopez • LONG & FOSTER REAL ESTATE, INC nww

Property Details for 118 Rio Grande Avenue

MLS #
240028
DOM
117
Class
RESIDENTIAL
Location
Island
Sale/Rent
For Sale
Type
Single Family

Location

Listing Courtesy of LONG & FOSTER REAL ESTATE, INC nww
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LISTING UPDATED: 04/12/2024 05:17 PM

Property Details for 118 Rio Grande Avenue

StatusActive
MLS #240028
Days on Market118
Taxes$9,179 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built-
Lot Size0.18 AC / 8,002 SF
CountyCape May County

Location

Listing Courtesy of LONG & FOSTER REAL ESTATE, INC nww
Add your commute

Building Information for 118 Rio Grande Avenue

Stories-Year Built-Building Size-Lot Size0.18 AC / 8,002 SF

Payment Calculator

$8,951 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$765

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 118 Rio Grande Avenue

Summary
Location and General Information
  • Area: Wildwood
  • Address Number: 118
  • District - Township: 14-Wildwood City
  • Address Search Number: 118.0
  • Address Direction: E
  • Address Street: Rio Grande
  • City: Wildwood
  • Street Designation: Avenue
  • Beach Proximity: 3 Blocks
  • Address: 118 E Rio Grande Avenue
  • Status: ACTIVE
  • Zoned: GC
  • State: NJ
  • Zip: 08260
  • Status Detail: 0
Taxes and HOA Information
  • Taxes: $9,178.51
  • Tax Year: 2022
Parking
  • Parking/garage: Parking Pad, 3 Car, Concrete Driveway, 4 car parking
Property
Lot Information
  • Approx Living Sq Ft: 3000.0
  • Construction: Three Story
  • Lot Size: 8002
  • New Construction Y/N: No
  • Lot Number: 21
  • Block Number: 40
Property and Assessments
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Gas Natural, Radiator, Radiant, Hot Water
  • Cooling: Ceiling Fan
  • Hot water: Gas- Natural
  • Water: City
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Other rooms: Living Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Storage Attic
  • Interior features: Wood Flooring
  • Total Rooms: 10
  • Total Baths: 1.1
  • Full Baths: 1
  • Bedrooms: 3
  • Lavs: 1.0
  • Appliances Included: Refrigerator, Washer, Dryer, Stove Natural Gas
  • Basement: Partial, Inside Entrance, Plumbing, Masonry Floors/Wall
Exterior Features
  • EXTERIOR: Vinyl
  • Outside Features: Patio, Fenced Yard, Storage Building, Cable TV, Outside Shower

Property History for 118 Rio Grande Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 118 Rio Grande Avenue

Taxable ValueLand$240,000Additions$84,100Total$324,100
Tax Record2022$9,179 ($765 / month)
Home Facts
Total Finished SqFt1,236 SqFtAbove Grade Finished SqFt1,236 SqFtStories2Lot Size8,002 SqFtStyleMiscellaneous CommercialYear Built1950ZoningGCCountyCAPE MAYAPN14 00040-0000-00021

Schools near 118 Rio Grande Avenue

This home is within Wildwood City Board Of Education School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Glenwood Ave Elementary School
PublicPK to 5

Wildwood Middle School
Public6 to 8

Wildwood High School
Public9 to 12

Cape Trinity Catholic School
PrivatePK to 8

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.

Similar Homes

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118 Rio Grande Avenue is a single family home for sale in Wildwood, NJ 08260. This property was listed for sale on January 4, 2024 by LONG & FOSTER REAL ESTATE, INC nww, it's currently listed at $1,500,000. This listing's school district is Wildwood City Board Of Education School District. Nearby schools include Glenwood Ave Elementary School, Wildwood Middle School and Wildwood High School. 118 Rio Grande Avenue is a 3-bed, 1-bath, 3,000 sqft single family home.

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 LONG & FOSTER REAL ESTATE, INC nww

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.