$430,435
$270K since last sold$16K since August
This home's estimate is 33.3% lower than the average sale price ($645K) of 6 comparable homes.
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SOLD
$430,435
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bd•
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sq ft
3101 South, Rio Grande, NJ 08242
About this home
This great Rt 9 fronting property is currently used as a rental property but has the zoning of Residential General Business. It has great potential for an office space plus living quarters or continue as a very good income producer. There are 3 units plus a garage that can be rented as well. current owner had new roof, siding, windows, heat and air installed in 2004. Property brings in over $ 34,000 gross annual income . Potential for more with the garage .
Multi-familyProperty Type
Source:Public Records
Redfin Estimate
Earn from this home
Sell
$403,643
Est. take-home
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Market trends in 08242, NJ
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
100.1%
0.4% MoM
Median sale price
$466K
$11K MoM
Avg. days on market
36d
22 days MoM
Recently sold homes
19
0 MoM
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
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.
JuneDecember
Provided by Shadowmap
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