1083 Magnolia Ave
Elizabeth City, NJ 07201
Price: $800,000
GSMLS: 4041019Type: Multi-Family
Style: 3-Three Story, Duplex-Side by Side
Total Units: 2
Beds: 8
Baths: 3 Full
Garage: No
Year Built: 1900
Acres: 0.11
Property Tax: $9,469
Description
Open House Today 12PM–3PM.
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.General Info
Style:
3-Three Story, Duplex-Side by Side
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Full, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
48.15X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop, Driveway-Exclusive, Off-Street Parking, Parking Lot-Exclusive, See Remarks
Spaces Available:
4
Unit 1
Bedrooms:
4
Bathrooms:
2
Total Rooms:
8
Room Description:
Eat-In Kitchen, Kitchen, Laundry Room, Living Room, Porch, Master Bedroom
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,Dryer,RgOvGas,Refrig,SecurSys,SmokeDet,Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
7
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,Microwav,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Hotwater, Floor/Wall Heater, Multi-Zone
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$800,000
Tax Amount:
$9,469
Land Assessment:
$182,000
Build. Assessment:
$287,500
Total Assessment:
$469,500
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4041019
List Date:
07-15-2026
Days On Market:
3
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Nohelys Lugo
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com
