1083 Magnolia Ave,Elizabeth City, NJ 07201
Elizabeth City, NJ 07201
Description
Exceptional side-by-side two-family property offering an outstanding opportunity for investors and owner-occupants alike. Each spacious unit features 4 generously sized bedrooms, providing excellent rental income potential and flexible living arrangements. Each unit welcomes you with a spacious enclosed front porch, perfect for a sitting area, mudroom, or additional seasonal living space. One unit includes the convenience of an in-unit laundry. The property offers separate utilities, a full basement with abundant storage, and two expansive driveways with parking for approximately 10"15 vehicles a rare and highly desirable feature in Elizabeth. The roof was replaced approximately one year ago, providing added value and peace of mind for the new owner. Ideally located near shopping, restaurants, schools, public transportation, major highways, and Newark Liberty International Airport, this property combines convenience with strong investment potential. Whether you're looking to expand your real estate portfolio or live in one unit while generating income from the other, this well-maintained multifamily is a fantastic opportunity in a prime location. Property includes architectural/site plans and documentation related to a previously approved rear expansion (2015).
Details
| MLS # | 4041019 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 84 |
| Listing Provided By | COLDWELL BANKER REALTY | NOHELYS LUGO |
Features
| Bath(s) | 3 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 9469 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07201 |
| Area | Union |
| Listing VS Median (in 07201) | |
Price: $775,000 low | high Med: $3,500 On site: 84 low | high Med: 25 | |
Market Activity 07201
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Learn More About This Property
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07201 |
| Area | Union |
| Listing VS Median (in 07201) | |
Price: $775,000 low | high Med: $3,500 On site: 84 low | high Med: 25 | |
