Excellent development opportunity of approximately 20 acres in the rapidly expanding area of Edgewood/Rio Grande. The vacant property runs from the east side of Route 9 (approximately 177’ frontage) to the Garden State Parkway, on the south side of Edgewood Avenue. Middle Township confirmed there is potential sewer access in the vicinity of Route 9. Block 1153, Lot 3 and Block 1154, Lot 1 are Zoned TC (TownCenter). Blocks 1155-1164 are all Lot 1, zoned SR (Suburban Residential).
Property Details
Property Features
Listing Office:
Office Name: COASTLINE REALTY, LLC
Office Phone: (609) 884-5005
Exterior Features
Exterior Information:
View: Trees/Woods
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 20.00 Acres
Other
Directions Information:
Directions: Located directly across from Grace Oil Company in the 3000 block of Route 9 South.
Price Information
Listing Price Info
Price Summary:
List Price: $1,950,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lower Township, NJ.
The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 30, 2019
Sep 30, 2019Home Sold
$360,000
May 02, 2005
May 02, 2005Home Sold
$862,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,800
Per Month
Principal & Interest
$9,733
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,913
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Sandman Consolidated School
838 Seashore Rd
Distance between this listing and this school3.50 miles
Public District Grades 5-6
4
/10
Maud Abrams School
714 Town Bank Rd
Distance between this listing and this school3.50 miles
Public District Grades 3-4
1
/10
Glenwood Avenue Elementary School
Glenwood & New York Ave
Distance between this listing and this school3.75 miles
Public District Grades PK-5
Nearby Schools
3
/10
Richard M. Teitelman Middle School
687 Route 9
Distance between this listing and this school2.53 miles
Public District Grades 7-8
3
/10
Crest Memorial School
9100 Pacific Ave
Distance between this listing and this school3.57 miles
Public District Grades PK-8
2
/10
Wildwood Middle School
4300 Pacific Ave
Distance between this listing and this school3.67 miles
Public District Grades 6-8
Nearby Schools
4
/10
Lower Cape May Regional High School
687 Route 9
Distance between this listing and this school2.53 miles
Public District Grades 9-12
2
/10
Wildwood High School
4300 Pacific Ave
Distance between this listing and this school3.66 miles
Public District Grades 9-12
3
/10
Middle Township High School
300 E Atlantic Ave
Distance between this listing and this school5.60 miles
The neighbors living near this home have an average income of $62,766. Residents of Lower Township, NJ typically earn between $35k-100k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Rte 9 S
What is the listing price of this property?
The listing price of Rte 9 S property is $1,950,000.
What type of property is this?
The property Rte 9 S is land located in Rio Grande, New Jersey, 08242.
Is this property for sale now?
Active Listing: Rte 9 S is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on September 30, 2019 for $360,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Rte 9 S in Rio Grande, NJ and zip code 08242. This home sits on a 20.00 acre lot. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $1,950,000.
Lower Township, NJ housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 5 sold below. The number of listings in Lower Township, NJ decreased by 20% between October 2024 and November 2024. While the average time on the market in November 2024 was 76 days, the median list price was $415,000.
From Rocket Homes Real Estate and based on county public records data.