Skip To Content

509 Rio Grande Avenue

Rio Grande, NJ 08242
  • $4,000,000
  • STATUS: Active
  • ON SITE: 90 Days
  • ID#: 22425835
UPDATED: 56 min ago
$4,000,000
  • 0
    BEDS
  • 25.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:
Area:

School Ratings & Info

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. Call for more information.

Monthly Payment Calculator



© 2024 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Data last updated 2024-12-06T12:20:08.867.
www.daunnorealty.com/homes/154781669
Print Image

509 Rio Grande Avenue Rio Grande, NJ 08242

  • Price: $4,000,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 56 min ago
  • ID#: 22425835
0
Beds
0
Baths
0
½ Baths
25.4
Acres
County:
Cape May
Area:
Middle (MDL)
Property 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. Call for more information.
Exterior Features

Exterior Features [] Garage YN No Parking Features None Roof [] Waterfront Features []

Interior Features

Basement [] Cooling [] Fireplaces Total 0 Flooring [] Heating See Remarks Interior Features []

Property Features

Association Fee Includes [] Gas At Street Yes Lease No Lot Features [] Owner Pays [] Property Sub Type Multi-Family Sale Yes Sewer Public Sewer Tax Annual Amount 6353 Tax Year 2023 Water Source Public

Listing information © 2024 Monmouth-Ocean MLS. Listing provided courtesy of Steven Honan of Diane Turton, Realtors-Wall: 732-292-1400.


© 2024 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Data last updated 2024-12-06T12:20:08.867.
 
Logo
Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066