Active
45-47 Magnolia Avenue
New Egypt NJ, 08533
$575,000
$274.33 per sqft
Active
4 Beds
3 Baths
2,096 sqft
Multi-family
Built in 1940
***Investment Opportunity***
Seize this rare opportunity to own 2 homes on 1 lot, perfect for mother/daughter, multi-generational living and/or rental income with potential for subdivision- 2 Detached Homes, 3 Kitchens, 4 beds, 3 full baths. 2000sf Garage, Shed & Private Outdoor Oasis!
This exceptional property has public sewer/water, gas cooking, backed up to woods. Home 1-45 Magnolia is 660 sq ft featuring 2 bedrooms, laundry, kitchen, full bath, living room. Home 2-47 Magnolia is 1436 sq ft, divided into 2 units, each with a kitchen, full bath, bedroom, and living room, sharing a convenient laundry room. The property also includes a massive detached two-story garage that can fit 5-6 cars, with extra loft space perfect for a home gym, office, or studioendless possibilities for customization.
Enjoy the outdoors with a fenced-in yard, a charming gazebo, ideal for entertaining or relaxing. Short walk to the charming town of New Egypt and Laurita Winery.
Both homes share a spacious driveway, making this property not only versatile but also practical. With a little TLC this is an opportunity not to be missed!
22429417
MLSⓇ ID
October 9, 2024
Listed
November 22, 2024
Updated
Map
45-47 Magnolia Avenue
New Egypt NJ, 08533
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Attic, Recessed Lighting
Fireplace
Yes
Cooling
Yes
Cooling Description
Multi Units
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.84 Acres
Exterior Features
Fence, Gazebo
Lot Features
Fenced Area, Wooded
Roof
Shingle
Sewer
Public Sewer
School Information
High School
New Egypt
Other Property Details
Area Name
New Egypt
Taxes
$6,146
Tax Frequency
Annually
Days on Market
43
Garage
Yes
Garage Spaces
5
Parking
Unpaved, Detached, Direct Access, Oversized, Storage, Workshop in Garage
Parking Total
8
View
No
County
Ocean
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/7/2024 | Price change | $575,000 -5% |
Courtesy of RE/MAX First Realty with Tracy Portaro,
Listing Contact: 732-359-2000
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Data last updated 12:57 PM UTC, 11/22/2024