For Sale33d on market
1001 Route 47 S
Rio Grande, NJ, 08242 • 08242 • Cape May County
$495,000
-$485,000 since Mar 12, 2026
Down payment assistance available
4Beds
3Baths
0.37 acLot
1955Built
Property DNA
Outdoor Living
Enclosed/Cov. Patio · Porch
This home is getting attention
Listed 33 days ago · 593 views · 26 saves
Market activity
Demand and pricing signals for this listing
593 views
People checking out this listing
26 saves
Buyers have saved this home
33 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 12% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1955
This triplex, zoned for Town Business, is situated on a prime corner lot of approximately .53 acres with irregular shape and 60 feet of highway frontage. The triplex features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, making it an excellent investment opportunity. Owner covers all utilities in the rent. Unit A is a spacious 2-bedroom, 1-bath with a screened-in back porch, while Unit B offers a cozy 1-bedroom, 1-bath with a small back deck. Unit C provides access to a shared front porch. The HVAC system has been updated to include multi-zoned forced air for improved comfort. There are two separate electric meters—one serving the two 1-bedroom units and the other for the 2-bedroom unit. Centrally located at the corner of Route 47 and Fulling Mill Road, this property is just a short walk from Ockie Wisting Recreational fields and offers plenty of shared off-street parking. Don't miss this fantastic opportunity!
Estimated monthly payment
Based on current rates
$3,084/month
Principal & Interest$2,424
Property Tax$495
Insurance$165
Down payment20% ($99,000)
3%50%
Est. 6.19% rate · 30yr fixed · $396,000 loan
Full calculator →At a glance
Key facts and listing details
TypeTriplex
Year Built1955
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking3 Open Parking spaces
Days on Zillow33 Days
Property
Home typeMulti Family
Sub-typeTriplex
Year built1955
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
Water / SewerCity / City
Parking & Outdoor
Parking3 Car, Shared Driveway
BasementCrawl Space
Lot0.37 Acres
Location & Tax
Neighborhood08242
ZoningTB
Annual tax$5,239
Parcel0601424000000001
Bathrooms & Fees
Full baths3
Features & details
7 categories of property features
Interior Features
Appliances
Gas Water Heater
Heating
Natural Gas
Forced Air
Cooling
Central Air
Laundry
Laundry Room
Exterior Features
Parking
3 Car
Shared Driveway
Patio & Porch
Enclosed/Cov. Patio
Porch
Lot Features
Corner Lot
Listing insights
Market data and value estimates
StatusFor Sale
Days on market33
Est. value$485,200
Est. rent$1,951/mo
Tax rate1.09%
On marketMar 12, 2026
PostedMar 12, 2026
Last sold$120,000
MLS updatedMar 13, 2026
Tour days9
Views593
Favorites26
How are the schools in Rio Grande?
3 schools rated nearby
Location
Rio Grande, NJ, 08242
Price history
3 events
DateEventPrice$/sqftSource
Mar 12, 2026Price Change$495,000—CMCAOR
Jan 31, 2026Listed For Sale$980,000—CMCAOR
Oct 9, 2002Sold$120,000—Public Record
Price Change$495,000
Mar 12, 2026•CMCAOR
Listed For Sale$980,000
Jan 31, 2026•CMCAOR
Sold$120,000
Oct 9, 2002•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Apr 15, 2025$4,786$236,000
Apr 15, 2024$4,786$236,000
Apr 15, 2023$4,942$236,000
Apr 15, 2022$4,678$236,000
Apr 15, 2021$4,612$236,000
Apr 15, 2020$4,491$237,600
Apr 15, 2019$4,410$237,600
Apr 15, 2018$4,410$237,600
Apr 15, 2017$4,189$237,600
Apr 15, 2016$4,158$237,600
Apr 15, 2015$4,129$237,600
Apr 15, 2014$4,132$237,600
Apr 15, 2012$4,217$276,400
Apr 15, 2011$4,039$291,400
Apr 15, 2010$3,788$291,400
Apr 15, 2009$3,605$291,400
Apr 15, 2008$3,503$291,400
Apr 15, 2007$3,396$291,400
Apr 15, 2006—$112,200
Apr 15, 2005—$112,200
Apr 15, 2004$3,180$112,200
Apr 15, 2003—$112,200
Apr 15, 2002—$112,200
Apr 15, 2001—$112,200
Nearby homes
Neighborhood details
Local context around this listing
Rio Grande, NJ • Cape May County
Nearby cities
Cape MayCape May Court HouseMarmoraNorth WildwoodOcean CityOcean ViewRio GrandeVillas
Nearby zip codes
08242
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