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
- 425 days |
- 34 |
- 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:  CMCAOR #250435 Report a problem | ||
| 9/29/2025 | Price change | $400,000-11.1% |
Source: CMCAOR #250435 Report a problem | ||
| 8/4/2025 | Price change | $449,900-10% |
Source: CMCAOR #250435 Report a problem | ||
| 2/16/2025 | Listed for sale | $499,900 |
Source: CMCAOR #250435 Report a problem | ||
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
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
- 3/10Middle 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
Nearby cities
Nearby zip codes
Other Rio Grande Topics
