$4,000,000

509 Rio Grande Ave Rio Grande, NJ 08242

25.4 acres
Land

Property details

About 509 Rio Grande Ave

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.

Highlights

Home typeResidential Land
StatusActive
Lot size25.4 Acres
MLS #22425834

Summary

  • MLS Number: 22425834
  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • Office Name: Diane Turton, Realtors-Wall
  • Listing Agent: Steven Honan

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$4,000,000

509 Rio Grande Ave

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Price information

Property sales

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Tax history

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Nearby schools

1

Glenwood Avenue Elementary School

Public District PK-5

3.3 mi

Glenwood & New York Ave

3

Sandman Consolidated School

Public District 5-6

3.8 mi

838 Seashore Rd

4

Maud Abrams School

Public District 3-4

3.9 mi

714 Town Bank Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,400. The majority of Rio Grande, NJ residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

42%
<35k
45%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
8%
Single, with Kids
29%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • College FootballCollege Football

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • Best BuyBest Buy

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Texas RoadhouseTexas Roadhouse
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
  • Contemporary ChristianContemporary Christian
All data provided by Home Junction and Claritas

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Frequently asked questions

About 509 Rio Grande Ave

This home is located at 509 Rio Grande Ave in Rio Grande, NJ and zip code 08242. Features: 0 bathroom. It has been listed on Rocket Homes since September 6, 2024 and is currently priced at $4,000,000.

From Rocket Homes Real Estate and based on county public records data.

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