557 Magnolia Ave, Elizabeth City, NJ 07206

• 4 beds |
• 3 baths

Property Description

Excellent opportunity for those seeking a value-add renovation project. This spacious 2-family home in Elizabeth offers tremendous potential and requires repairs and updating throughout. Featuring separate units, the property presents an ideal opportunity for rental income or owner-occupancy after renovations are completed. Conveniently located near major transportation routes, shopping, schools, parks, and other local amenities. Bring your vision and unlock the full potential of this property. Buyer is responsible for Certificate of Occupancy & Fire Certificate, or all inspections required to close. Only brokers who are approved by the U.S. Department of Housing and Urban Development (HUD) and their registered agents are eligible to submit bids. Eligible for FHA 203K financing. Eligible for $100 Down program. During the 5-day Exclusive Bidding Period. Only owner occupants are eligible to submit bids.

Listing Status:

Active

Data Last Updated:

June 25, 2026 at 2:40PM

Listing Office:

REALTY OF AMERICA : 833-256-4244

MLS ID:

4036141

Interior

• Basement: FullUnfinished
• A/C: None
• Heating: 1 UnitRadiators - Hot WaterElectricGas-NaturalSee Remarks

Exterior

• General: Vinyl Siding
• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt Shingle

Location

• County: Union

Lot

• Driveway: On-Street Parking
• Zoning: 2904-00671-0000-00026-0000-

Utilities

• Utilities: All Underground
• Water: Public Water
• Sewer: Public Sewer