1001 S Route 47 Rio Grande, NJ $ 495,000
1001 S Route 47
$ 495,000
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1001 S Route 47

Rio Grande, NJ, 08242
$ 495,000
Bedrooms4 Baths3.0

Monthly Estimate*

$ 3,048

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Multi-Family Home for sale in Rio Grande, NJ

for $495,000 with 4 bedrooms and 3 full baths. This home was built in 1955.

This triplex, zoned for Town Business, is situated on a prime corner lot of approximately .53 acres with irregular shape and 60 feet of highway frontage. The triplex features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, making it an excellent investment opportunity. Owner covers all utilities in the rent. Unit A is a spacious 2-bedroom, 1-bath with a screened-in back porch, while Unit B offers a cozy 1-bedroom, 1-bath with a small back deck. Unit C provides access to a shared front porch. The HVAC system has been updated to include multi-zoned forced air for improved comfort. There are two separate electric meters—one serving the two 1-bedroom units and the other for the 2-bedroom unit. Centrally located at the corner of Route 47 and Fulling Mill Road, this property is just a short walk from Ockie Wisting Recreational fields and offers plenty of shared off-street parking. Don't miss this fantastic opportunity!

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Multi-Family Active

Price

$ 495,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,239

Style

Triplex

Year Built

1955

Town/City

Rio Grande

County/Region

Cape May

MLS | Web ID

260588

Features
General
Heating Gas Natural Forced Air
Cooling Central Air
Zoning TB
Water City
Sewer City
Year Built 1955
Parking 3 Car Shared Driveway
Other Rooms Living Room Dining Room Kitchen Laundry/Utility Room
County Cape May County
Class MULTI-FAMILY
Type Triplex
Tax Year 2025
New Construction Y/N No
Status ACTIVE
Sale/Rent For Sale
Status Detail 0
Location Corner
City Rio Grande
Taxes 5239.2
Financing Conventional
DOM 1
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Interior
Basement Crawl Space
Hot Water Gas
Total Number of Units 3
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Exterior
Exterior Amenities Enclosed/Cov. Patio Porch
Lot Dimensions 79x205 irr
Lot Size 10001 to 20000 SqFt
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* Excluded Features
List By
Tai Menz

Listing Agent

Coastline Realty, Llc

Broker

taimenz@coastlinerealty.com

Email

Affordability Calculator

$3,484
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,048
Monthly Property Taxes
$437
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$495,000 Listed Price

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1001 S Route 47, Rio Grande, NJ, 08242 is a Multi-Family Home for sale at $495,000. 1001 S Route 47 has 4 bedrooms, 3.0 baths, and was built in 1955. The property's zip code is 08242 which is in Rio Grande, NJ