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.
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
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,802.87 per month $1,780.45 Principal & Interest $789.08 Property Tax $233.33 Homeowner's InsuranceChange Payment Information
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 www.realtymark.net today.