$485,000
Est. payment /mo
4 Beds
2 Baths
2,000 SqFt
New
1041 Magnolia Ave Elizabeth City, NJ 07201
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $242
Subdivision North Avenue Section
MLS Listing ID 4025921
Style 2-Two Story
Bedrooms 4
Full Baths 2
Annual Tax Amount $7,297
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Well-maintained 2-family property in a convenient Elizabeth location. Fully renovated in 2019 with major upgrades throughout, including all new plumbing, electric and new roof, plywood, newer boilers and hot water heaters, also brand-new flooring. Both units feature stainless steel appliances. The first-floor unit will be delivered vacant, offering flexibility for an owner-occupant or new tenant. The second-floor unit is rented to long-term tenants paying $1,715/month. Additional features include a walk-up attic with substantial storage space and potential for future expansion, plus a security camera system already in place.Solid building with updated systems and low immediate capital needs.
Location
State NJ
County Union
Zoning R2
Rooms
Basement Unfinished
Interior
Interior Features Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features None
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by EXIT REALTY LUCKY ASSOCIATES
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