Route 9 South, Rio Grande, NJ 08242

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,500,000
Days on Market
46
Status
PENDING
MLS#
NJCM2006602
Lot Size (Acres)
20
County
Cape May
School District
Middle Township Public Schools

Property Description

Exceptional development opportunity available in Edgewood/Rio Grande, NJ! This prime vacant property, spanning approximately 20 acres, presents an outstanding chance for developers and investors in a rapidly expanding area. With approximately 177 feet of frontage along the east side of Route 9, the site is perfectly positioned for visibility and accessibility. Zoned as TC (Town Center), the property allows for a variety of commercial uses, including retail sales, restaurants, banks, professional and business offices, auto and boat sales, shopping centers, and more. Additionally, it is zoned for SR (Suburban Residential), permitting the development of single-family homes, agriculture and farming, which opens exciting potential for initiatives (winery/wedding venue?), along with other conditional uses. The property’s rear section offers stunning views of a neighboring lake, enhancing its appeal for residential or recreational development. The possibilities are endless—leverage the zoning allowances separately or consider a combination of commercial and agricultural developments. With the growing demand for housing in the area, constructing residential homes could meet a critical need too. Don’t miss out on this exceptional investment opportunity! Expired NJ DEP LOI Report (2006) are shared in associated docs. Block 1153, Lots 3-4 and Block 1144, Lot 1 are zoned TC (Town Center). Blocks 1155-1164,Lots 1, zoned SR (Suburban Residential).

Additional Information

Area
Middle Twp (20506)
Taxes
$10005
School District
Middle Township Public Schools
Water
Public Hook-up Available
Sewer
Public Hook/Up Avail

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coastline Realty, LLC. Contact: 6098845005