Lot available to accommdate singe family home in quiet residential neighborhood in Rio Grande. Close to shopping areas in Rio Grande and a quick 10 minute drive to the Wildwood beaches and boardwalk. Lot has city sewer and well water Setbacks for lot are 10 feet on sides, 20 feet in front and 30 feet in rear.
Single-familyProperty Type
2021Year Built
0.28 acresLot Size
$188Est. Price/Sq.Ft.
Listed by Barbara Greenwood• DON MARTIN REALTY, INC
Bought with Barbara Greenwood• DON MARTIN REALTY, INC
Bought with Barbara Greenwood• DON MARTIN REALTY, INC
Source:CMCMLS #200954
Redfin Estimate
$294,526
$25K since sold in May 2021$25K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 41.6% lower than the average sale price ($504K) of 6 comparable homes.
Lot available to accommdate singe family home in quiet residential neighborhood in Rio Grande. Close to shopping areas in Rio Grande and a quick 10 minute drive to the Wildwood beaches and boardwalk. Lot has city sewer and well water Setbacks for lot are 10 feet on sides, 20 feet in front and 30 feet in rear.
CMCMLS #1
Nov 8, 2018
Price Changed
$79,900
$51/sq ft
Jan 16, 2018
Price Changed
$89,900
$57/sq ft
Public Records
Oct 30, 2006
Sold
$300,000
$192/sq ft
Public Records
Jul 25, 1984
Sold
$57,519
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,730 (+2.9%)
$122,000 + $136,100
$258,100
2024
$5,570 (+3.1%)
$122,000 + $136,100
$258,100
2023
$5,405 (+3.2%)
$122,000 + $136,100
$258,100
2022
$5,239 (+333.4%)
$122,000 + $136,100
$258,100
2021
$1,209 (−48.9%)
$122,000 + $136,100
$258,100
2020
$2,368 (+2.7%)
$61,000
2019
$2,306 (+1.8%)
$122,000
2018
$2,264 (+2.0%)
$122,000
2017
$2,220
$122,000
Tax history for 121 Teal Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,730 (+2.9%)
$122,000 + $136,100
$258,100
2024
$5,570 (+3.1%)
$122,000 + $136,100
$258,100
2023
$5,405 (+3.2%)
$122,000 + $136,100
$258,100
2022
$5,239 (+333.4%)
$122,000 + $136,100
$258,100
2021
$1,209 (−48.9%)
$122,000 + $136,100
$258,100
2020
$2,368 (+2.7%)
$61,000
2019
$2,306 (+1.8%)
$122,000
2018
$2,264 (+2.0%)
$122,000
2017
$2,220
$122,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R
Residential District
To accommodate existing residential development patterns and allow for future compatible development with the existing neighborhoods.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Golf related
Property details
Exterior
Exterior Information
Exterior Wall: Frame
Property Information
Subdivision Name: TEAL ESTATE SEC 02
Living Sq. Ft: 1,566
# of Stories: 1
Legal Description: L22
Lot Information
# of Buildings: 1
Land Sq. Ft: 12,001
Legal Lot Number: 7
Legal Block Number: 1417
Acres: 0.2755
Depth Footage: 100
Front Footage: 120
Zoning Code: R
State Use Description: RESIDENTIAL
Location Information
Parcel Location Influence: Corner
Financial
Assessor Information
Assessment Year: 2026
Tax District County: MIDDLE TOWNSHIP
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,566
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 2021
Year Renovated: —
County: Cape May County
APN: 0601417 00007
Home facts updated by county records on Sep 21, 2026
Around this home
Schools
Middle Twp Elementary 2
Public 3-5 • Assigned • 4.8mi
5/10
Middle Township #4 Middle School
Public 6-8 • Assigned • 4.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Rio Grande, NJ • 08242
Average low and high temperatures (°F)
38
26
42
28
55
39
63
48
71
56
81
66
86
71
78
65
75
63
68
52
57
44
45
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.8 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$280,000 – $339,000
Reach more buyers when you sell with Redfin. Save up to $2,945 in fees.3 minutes to get started.