Opportunity to develop a unique property. Possibility of 7 buildable lots. This property currently has several structures with tenants on month to month leases. Sale is contingent upon Buyers obtaining a major subdivision, at their sole cost, including the lots that the seller is keeping. Please do not walk the property without notifying the listing agent.
Under contract
$400,000
3118 Shunpike Rd, Rio Grande, NJ 08242
--beds
--baths
--sqft
Unimproved Land
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Unique propertyIncome producing homes
- 486 days |
- 11 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Rosemary Rallo 609-602-2994,
ATLANTIS REALTY
Source: CMCAOR,MLS#: 250435
Estimated market value
Not available
Estimated sales range
Not available
$3,928/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Contingent | $400,000 |
Source: | ||
| 9/29/2025 | Price change | $400,000-11.1% |
Source: | ||
| 8/4/2025 | Price change | $449,900-10% |
Source: | ||
| 2/16/2025 | Listed for sale | $499,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,983 | $689,500 |
| 2024 | $13,983 -3.2% | $689,500 |
| 2023 | $14,438 +5.7% | $689,500 |
| 2022 | $13,666 +2.1% | $689,500 |
| 2021 | $13,383 +2.7% | $689,500 |
| 2020 | $13,032 +1.8% | $689,500 |
| 2019 | $12,797 | $689,500 |
| 2018 | $12,797 +5.3% | $689,500 |
| 2017 | $12,156 +0.7% | $689,500 |
| 2016 | $12,066 +0.7% | $689,500 |
| 2015 | $11,984 -0.1% | $689,500 |
| 2014 | $11,990 +5% | $689,500 |
| 2013 | $11,416 -3.7% | $689,500 -9.8% |
| 2012 | $11,850 +4.4% | $764,100 -6.7% |
| 2011 | $11,350 +6.6% | $818,900 |
| 2010 | $10,646 +5.1% | $818,900 |
| 2009 | $10,130 +2.9% | $818,900 |
| 2008 | $9,843 +27.7% | $818,900 |
| 2007 | $7,710 | $818,900 +221.5% |
| 2006 | -- | $254,700 |
| 2005 | -- | $254,700 |
| 2004 | $7,218 | $254,700 |
| 2003 | -- | $254,700 |
| 2002 | -- | $254,700 |
| 2001 | -- | $254,700 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 08242
Nearby schools
GreatSchools rating
- 5/10Middle Twp Elementary 2Grades: 3-5Distance: 4.8 mi
- 4/10Middle Township #4 Middle SchoolGrades: 6-8Distance: 5.1 mi
- 5/10Middle Twp High SchoolGrades: 9-12Distance: 5.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Jersey
- Cape May County
- Rio Grande
- 08242
- 3118 Shunpike Rd






