Thank you
Edward W Haines
Haines Realty, LLC
609-467-2020
LISTING 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.
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Total Bedrooms : 4
Master Bedroom Level: 0
Total Bedroom (Upper): 4
Bedroom Upper Level 1: 2
Bedroom Upper Level 1: 2
Total Baths: 3
Full Baths: 2
Half Baths: 1
Water Source : Public
Roof : Shingle
Shingle
Cooling: Wall Unit
Heating: Hot Water & Baseboard - Electric
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Year Built: 1878
Structure: Detached
New Construction: No
Built: 1878
Construction Material: Block,Other,Wood Siding
Roof: Shingle
Architecture: Dwelling w/Separate Living Area
Pool/Private: No Pool
Roof Type: Shingle
Pool: No Pool
Sewer: Public Septic
Water Heat: Electric,Natural Gas
Lot Size: 60,984
Dimensions: 0.00 x 0.00
Lot Size (Acres): 1.40
Architectural Style: Dwelling w/Separate Living Area
Main Square Feet: 60,984
SQ ft: 0
SQ ft (Living Area): 0
Total Lot SQ ft: 60,984
Subdivision: RIO GRANDE
Appx. Lot Dimensions: 0.00 x 0.00
Total Acreage: 1.40
New Construction: No
Type: Dwelling w/Separate Living Area
Possession: Immediate
Days Of Market: 1033
Annual Tax: $11,841
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Immediate
Taxes Assessment Amount: $583,300
Total Parking Spaces: 7
Parking Lot - # of Spaces: 7
Parking Type: Parking Lot
Has Garage: N
Roof: Shingle
Direction: Parcel is 1/4 mi shy of Railroad Avenue on Route 47 S in Rio Grande, NJ.
School District: MIDDLE TOWNSHIP PUBLIC SCHOOLS
Water Source: Public
Sewer: Public Septic
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Electric,Natural Gas
Direction: Parcel is 1/4 mi shy of Railroad Avenue on Route 47 S in Rio Grande, NJ.
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ByOwner last updated this listing 05/02/2024 @ 00:51
MLS: NJCM104932
LISTED BY: Edward W Haines , Haines Realty, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: Buyers agent bonus of $10,000 at closing with contracts at asking price.