1083 Magnolia Ave, Elizabeth City, NJ 07201

• 8 beds |
• 3 baths

Property 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).

Listing Status:

Active

Data Last Updated:

August 9, 2026 at 4:40AM

Listing Office:

COLDWELL BANKER REALTY : 973-694-8000

MLS ID:

4041019

Interior

• Basement: FullUnfinished
• A/C: Wall A/C Unit(s)
• Heating: Baseboard - HotwaterFloor/Wall HeaterMulti-ZoneGas-Natural

Exterior

• General: Vinyl Siding
• Parking: Parking spaces: 4

Construction

• Roofing: Asphalt Shingle

Location

• County: Union

Lot

• Driveway: BlacktopDriveway-ExclusiveOff-Street ParkingParking Lot-ExclusiveSee Remarks
• Zoning: 2904-00282-0000-00040-0000-

Utilities

• Utilities: Gas-Natural
• Water: Public Water
• Sewer: Public Sewer