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408 N 7th St, Rio Grande, NJ, 08242

3beds
2baths
--sqft
$380,000
--price/sqft
$2,578/moest. monthly cost
$103,120/yrincome needed

About This Home

Cute and cozy 3-bedroom, 1-bath twin home in the heart of Rio Grande! Conveniently located close to shopping, restaurants, and just a short drive to the shore points, this home is perfect for year-round living or a beach getaway. Enjoy a comfortable layout, plenty of natural light, and an easy location that keeps you close to everything you need. Great opportunity to own near the Jersey Shore!

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

5/10
Middle Twp Elementary 2Grades 3-54.8 mi
5/10
Middle Twp High SchoolGrades 9-125.0 mi

Construction

Condition

  • Year built: 2006

Type & Style

  • Home type: MultiFamily
  • Property subType: Twin

Interior

Appliances

  • Appliances included: Range,Oven,Microwave,Refrigerator,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • Partial bathrooms: 1

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Property

Details

  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch

Lot

  • Lot size: 9,199 sqft
  • Lot size dimensions: 9,199

Parking

  • Parking features: Asphalt
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Strong Wind
Winter Weather
Coastal Flooding
Hurricane
Inland Flooding
Lightning
Cold Wave
Wildfire
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,921$23,052
Home Insurance *$170$2,040
Property Taxes $294$3,528
Electricity $193$2,318
Total$2,578$30,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,388/yr
40% on housing$77,340/yr
45% on housing$68,746/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 08242$179
Cape May County$618

vs Homes Sold Last Month

Median $/sqft

ZIP 08242$297
Cape May County$460

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-15Listed for sale$380,000
2021-06-22Listing removed--
2021-06-19Listed for sale$249,900
2017-10-18Listing removed$1,200
2017-10-17Listed for rent$1,200
2015-04-08Sold$95,000
2014-06-02Listing removed$105,000
2014-04-27Price change$105,000
2013-02-17Price change$115,000
2012-12-15Price change$125,000
2012-09-13Listed for sale$139,000

For Sale by Agent

AgentCourtney Romberger
BrokerageJERSEY CAPE REALTY

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