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509 Rio Grande Avenue, Rio Grande, NJ 08242

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For Sale

$4,000,000

25.4 acres

Estimated Payment

$      /mo.

APR for 30 years

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  • Other Residential
    Property type

  • 25.4 acres
    Lot size

Explore this Property

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.
MLS# 22425834

Courtesy Of Diane Turton, Realtors

(732) 292-1400

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    25.4 Acres

Home seller CENTURY 21 Alliance

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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