$579,000

1071 New Jersey 47 S, Rio Grande, NJ

Type: 
Mixed Use

This commercial property at Rio Grande, NJ is positioned along a major roadway in Rio Grande’s commercial district, offering 1.40 acres with 3,400 sq. ft. of existing structure. The first floor is used as a tattoo business, the second floor consists of 2 beds/1 bath, living room, kitchen, and office. The third floor consists of 2 beds/.5 bath. The property has public water and sewer, gas heating, and a seven-space parking lot. A 1.18-acre parcel nearby sold for $1,250,000 in December 2023, and DEP has confirmed no wetlands restrictions. Zoned TB, this site is suited for various commercial uses.


Property Highlights

Mixed-Use

4 Bedroom & 2.5 Bathrooms

Interior Size: 3,400 sqft

Parking: 7 spaces parking lot

Tattoo Shop is in use

Upper levels are vacant

Taxes: $12,588

Flood Zone Status: No, not in a flood zone

Zoning: TB (Town Business)


Detailed Layout


First Floor: Currently an operating tattoo business, ideal for a variety of commercial applications.

Second Floor: 2-bedroom, 1-bath apartment with living room, kitchen, and office.

Third Floor: Additional 2 bedrooms with a half bath, providing flexibility for residential or office use.


Investment Potential


Comparable Sale: A 1.18-acre lot in Rio Grande sold for $1,250,000 in December 2023, demonstrating strong market demand.

Zoning & Location: Town Business zoning supports commercial investment, redevelopment, or mixed-use applications.

High Traffic Exposure: Direct access on Route 47, a primary route for Jersey shore visitors.

Supporting Documentation: Surveys & DEP Confirmation available upon request.


Lot Dimensions

Lot Size: 1.40 acres (60,984 sqft)


Utilities & Systems

Water: Public

Sewer: Public

Heating: Gas

Heating Fuel: Electric & Natural Gas

Cooling: Wall Units

Plumbing & Electrical Systems: Good Condition


COMMERCIAL LAND COMPS

100 N 6th St, Rio Grande, NJ 08242 – SOLD $200k

3402 Route 9 S, Rio Grande, NJ 08242 – SOLD $280k

103 S Railroad Ave, Rio Grande, NJ 08242 – SOLD $560k

26 N Railroad Ave, Rio Grande, NJ 08242 – SOLD $850k

3158 Route 9 S, Rio Grande, NJ 08242 – SOLD $1.25M


CALL OR TEXT NICK WALSH AT 908-499-9128 IF YOU HAVE ANY QUESTIONS OR WOULD LIKE TO KNOW HOW TO MOVE FORWARD  

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