$579,000
1071 New Jersey 47 S, Rio Grande, NJ
- 4 Beds
- 2.5 Baths
- 3400 SQFT
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