509 Rio Grande Avenue

Rio Grande, NJ 08242

$4,000,000
Price
1,106,424 / 25.4
Lot Size / Acres

Description

Land to be sold with +/- 128 Unit Apartment/Condo Complex approval. Seller has preliminary approvals in place for 128 units to be built in Middle Township, Cape May County. This property is a great opportunity to an investor/developer looking for a turnkey multifamily project. Seller is in process of obtaining full, non-appealable approvals for 128 units. Current preliminary plans call for: 1 Bedroom - 32 Units 2 Bedroom - 64 Units 3 Bedroom - 32 Units 26 Units are allotted for Affordable Housing....Land to be sold with +/- 128 Unit Apartment/Condo Complex approval. Seller has preliminary approvals in place for 128 units to be built in Middle Township, Cape May County. This property is a great opportunity to an investor/developer looking for a turnkey multifamily project. Seller is in process of obtaining full, non-appealable approvals for 128 units. Current preliminary plans call for: 1 Bedroom - 32 Units 2 Bedroom - 64 Units 3 Bedroom - 32 Units 26 Units are allotted for Affordable Housing. Call for more information.
  1. Listed by Steven Honan • Diane Turton, Realtors-Wall
  2. Listed by Garry Gilbert • Diane Turton, Realtors-Wall

Property Details for 509 Rio Grande Avenue

Complex/Subdivision
None
Zoning
Residential
Waterview
No
Directions
Route 9 to the end of Rio Grande Ave.
LISTING UPDATED: 09/06/2024 09:51 AM

Property Details for 509 Rio Grande Avenue

StatusActive
MLS #22425834
Days on Market78
Taxes$6,353 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand/Lots / Residential Land
Year Built-
Lot Size25.40 AC
CountyCape May County

Building Information for 509 Rio Grande Avenue

Lot Size25.40 AC

Property Information for 509 Rio Grande Avenue

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Rio Grande
  • State: NJ
  • Location: Near Parkway Access
  • Municipality: Middle (MDL)
  • Other High: Trinity Hall
  • Block: 1523
Taxes and HOA Information
  • Tax ID#: 06-01523-0000-00009
  • Taxes: $6,353.00
  • Tax Year: 2023
Property
Lot Information
  • Acreage: 25.4
  • Lot: 9
  • Lot Description: Irregular Lot
  • For Lease: No
Property and Assessments
  • Assessment - Total: 303400.0
  • Assessment - Improvements: 75000.0
  • Assessment Status: To Be Assessed
  • Asmnt - Land: 228400.0
  • Farm Assessed: No
  • Possession: At Closing
  • Docs Available: Site Plan, Wetlands Delineation
  • Docs Filed: Site Plan
  • Docs Required: Building Permit, Site Plan
  • Property Sub-Type: Residential Land
Utilities
  • Water/Sewer: Public Sewer at Street, Public Water at Street
  • Electric: At Street, Near By
  • Gas: At Street, Near By
Interior and Exterior Features
Exterior Features
  • Waterfront: No
  • Out Buildings: None

Property History for 509 Rio Grande Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 509 Rio Grande Avenue

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.

Neighborhood Map and Transit

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

509 Rio Grande Avenue is a 25.4 ac of land for sale in Rio Grande, NJ 08242. This property was listed for sale on September 6, 2024 by Diane Turton, Realtors-Wall, it's currently listed at $4,000,000. This listing's school district is Middle Township Public School District. Nearby schools include Middle Township #1 Elementary School, Middle Twp Elementary 2 and Middle Township #4 Middle School. 509 Rio Grande Avenue is a 0-bed, 0-bath, 25.4 ac of land on a 1,106,424 sq. ft. / 25.4 acres lot.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Diane Turton, Realtors-Wall

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.