1071 Highway 47
$799,000
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2
1
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Description
Update - july 17, 2024: after being under contract since february 2024, this property is now back on the market. 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...Update - july 17, 2024: after being under contract since february 2024, this property is now back on the market. 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.
- Listed by Edward W Haines • Haines Realty, LLCP: (609)-209-4450 edhaines1@gmail.com
- Listed by Barbara Regina Kerrigan • Haines Realty, LLCP: (609)-377-9976 barbarakerrigan03@gmail.com
Property Details for 1071 Highway 47
Tax ID Number
06-01431 01-00003
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeDetached
StyleDwelling w/Separate Living Area
Levels/Stories3
WaterfrontNo
LISTING UPDATED: 08/14/2024 03:26 AM
Property Details for 1071 Highway 47
Status | Active |
---|---|
MLS # | NJCM104932 |
Days on Market | 1167 |
Taxes | $11,841 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1878 |
Lot Size | 1.40 AC / 60,984 SF |
County | Cape May County |
Building Information for 1071 Highway 47
Stories3Year Built1878Building Size-Lot Size1.40 AC / 60,984 SF
Property Information for 1071 Highway 47
Property History for 1071 Highway 47
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 Record2023$12,214 ($1,018 / 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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