101 Rio Grande Avenue
Rio Grande, NJ, 08242 $ 499,500
Bedrooms4 Baths3.1 Sq 2,233 Monthly Estimate*
$ 3,116
for $499,500 with 4 bedrooms and 3 full baths, 1 half bath. This 2,233 square foot home was built in 1958.
NOW AVAILABLE! Part of Middle Township, NJ Redevelopment Plan 2025 â Coastal Charm in Rio Grande, NJ! Just minutes from the ocean and bay, this spacious and versatile home offers a wonderful opportunity for those seeking comfort, functionality, and the shore lifestyle. Whether youâre looking for a year-round residence or a flexible multigenerational setup, this property is thoughtfully designed to meet a variety of needs. Step into the heart of the home â a warm and inviting open kitchen featuring rich Lancaster Oak cabinetry that adds character and timeless appeal. Itâs a perfect gathering space for both everyday meals and special occasions. The main living area includes 3 bedrooms and 2.5 bathrooms, offering privacy and practicality throughout. The primary bedroom, located on the first floor, features its own full bathroom and walk-in closet. A second spacious bedroom is also on the main level, with direct access to a second full bathroom that also opens to the hallway â ideal for accommodating guests or other household members. Upstairs, youâll find a third bedroom, a half bathroom, and a cozy sitting nookâa perfect corner for reading, studying, or use as a home office. One of the homeâs most valuable features is the private in-law suite. Located adjacent to the upstairs bedroom and with its own separate entrance, the suite includes a spacious living area, kitchenette, large bedroom with walk-in closet, and full bathroom. This flexible space is perfect for extended family, guests, or potential rental income. The property also offers a large unfinished basement with potential to finish into additional living space, along with a laundry area and ample storage options. A generous two-car garage provides multiple entrances and additional utility. The fenced-in yard is great for children and pets, while the bonus side lot expands the total property size to approximately ¾ of an acreâideal for gardening, outdoor entertaining, or possible future expansion (subject to local approvals). Financing Bonus: The property is approved for USDA financing, providing an excellent option for qualified buyers looking for low or no down payment opportunities in a desirable coastal location. Buyers must confirm eligibility directly with their lender. Located close to shopping, dining, and everyday conveniencesâas well as just a short drive to both the bay and beachâthis home is a standout option for those wanting to enjoy the best of South Jersey shore living. Important Notes: This property is in good working order and is being sold strictly AS-IS. Buyer is responsible for their own due diligence and verifying all property information including square footage, zoning, and intended future use. A 24-hour notice is required for all showings. Additional high-resolution photos and a full floor plan will be available soon. Donât miss your opportunity to view this flexible, well-located coastal home!
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FeaturesGeneralHeating Gas Natural Radiant
Cooling Electric Ceiling Fan
Zoning TR
Water Public
Sewer Public
Full Baths 3
Year Built 1958
County Cape May
Class RESIDENTIAL
Type Single Family
Tax Year 2024
New Construction Y/N No
Status UNDER CONTRACT
Sale/Rent For Sale
Status Detail 0
Virtual Tour https://www.zillow.com/view-imx/8b5f6051-8612-4304-abe4-9fee8169e749?wl=true&setAttribution=mls&initialViewType=pano
City Rio Grande
Taxes 5940
DOM 160
Price Per Sq Ft Total AG 223.69
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InteriorBeds 4
Total Baths 3.1
Hot Water Gas- Natural
Total Rooms 14
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ExteriorLot Dimensions 33 750
Lot Size 1/4 to 1 Acre
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* Excluded FeaturesList Bycarlodrogo@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,116
- Monthly Property Taxes
- $495
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Rio Grande, NJ
Average List Price $304,773
Percent of Sale Price 39%
About Rio Grande, NJ 3,574 Population
13% Since 2002
$ 51,196 Median Income
45.97 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/11/2025 | $499,500 | -8.52% | Price Down |
| 6/20/2025 | $545,999 | | Listed Price |