7 Walton Street Rio Grande, NJ 08242

$295,000
7 Walton Street, Rio Grande, NJ 08242
182838

Multi-Family Home for sale in Rio Grande, NJ

for $295,000. The lot size is .46 acre.

Property Information

  • $295,000
  • Multi-Family
  • Taxes are $4,761
  • Other / Unknown
  • Active
  • Lot size of .46 acre
  • Rio Grande, NJ
  • Cape May County
  • MLS/Web ID is 182838
  • Just Listed

Description

GREAT INVESTMENT OPPORTUNITY! MULTI-FAMILY OFFERING IN PRIVATE COMPLEX! Property consists of 4 cottages (2, 2BR; 2, 1BR) and one single-family home with 3 BR, 1.5 baths. All cottages are rented out for total gross annual income of $37, 500. PROJECTED rental of $21, 600 per year on single family home. Single family home has newly remodeled kitchen. Convenient to major retail (Walmart, Wawa, Shoprite). Minutes to Wildwood and other shore destinations.

Interior 2

Sewer

  • Public Sewer

Water Source

  • Private Water

† Excluded Feature

Listed By

Listing Agent: Richard Baehrle
Broker: BERKSHIRE HATHAWAY HS FOX & ROACH NF

7 Walton Street, Rio Grande, NJ, 08242 is a Multi-Family Home for sale at $295,000 with a lot size of .46 acre. 7 Walton Street has 0.0 baths. The property's zip code is 08242 which is in Rio Grande, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Rio Grande $262,223 11 % below $175,000 41 % below
Multi-family listings in Rio Grande $211,225 28 % below $232,450 21 % below
Sold listings in Rio Grande $59,833 80 % below $77,499 74 % below

Get the facts about Rio Grande, NJ!

Population 3,672
Population Growth (since 2000) 16 %
Median Income $47,953
Median Age 46.45
Households w/ Children 13 %

Residential Dwellings

  • Owned 1198
  • Vacant 448
  • Rented 338

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