1083 Magnolia Ave, Elizabeth, NJ 07201

$800,000
  • 1083 Magnolia Ave, Elizabeth, NJ 07201 Main Photo

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New to the Market Active
BEDS8 BATHS3 full MLS#4041019
STATUS PROPERTY TYPEMulti Unit - Multiple

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.

1083 Magnolia Ave | MLS# 4041019

This multi-family property located at 1083 Magnolia Ave, Elizabeth, NJ 07201 is currently listed for sale with an asking price of $800,000. Search Elizabeth real estate on mainlinemanny.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Wall A/C Unit(s)
Fuel Type: Gas-Natural
Heating: Baseboard - Hotwater, Floor/Wall Heater, Multi-Zon
Lot Size: 0.11 Acres
Roof Type: Asphalt Shingle
Taxes: $9,469
Year Built: 1900

Feature Descriptions

Days on Site: 1
Driveway: Blacktop, Driveway-Exclusive, Off-Street Parking, Parking Lot-Exclusive, See Remarks
Exterior: Vinyl Siding
Lot Dimensions: 0.11 acre(s)
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: COLDWELL BANKER REALTY
Agency Contact: 201-830-7953

Shown By

Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark

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Estimated Payment

$ 2,802.87 per month $1,780.45 Principal & Interest $789.08 Property Tax $233.33 Homeowner's Insurance

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