$485,000

1041 Magnolia Ave, Elizabeth City, NJ 07201

  • 4 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

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.

Listing Status:
Active
Data Last Updated:
May 10, 2026 at 5:41AM
Listing Office:
EXIT REALTY LUCKY ASSOCIATES : 908-289-7746
MLS ID:
4025921
  • General: Fire ExtinguisherSmoke DetectorTile FloorsVinyl-Linoleum Floors
  • Basement: Unfinished
  • A/C: Window A/C(s)
  • Heating: 2 UnitsBaseboard - HotwaterGas-Natural
  • General: Vinyl SidingMetal FenceWood Fence
  • Parking: Parking spaces: 0
  • Roofing: Asphalt Shingle
  • County: Union
  • Driveway: None
  • Zoning: R22904-00283-0000-00036-0000-
  • Utilities: ElectricGas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of EXIT REALTY LUCKY ASSOCIATES

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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