




1041 Magnolia Ave, Elizabeth, NJ, 07201
4beds
2baths
2,000sqft
$485,000
$243price/sqft
$3,559/moest. monthly cost
$142,360/yrincome needed
About This Home
Well-maintained 2-family property in a convenient Elizabeth location. Fully renovated in 2019 with major upgrades throughout, including all new plumbing, electric and new roof, plywood, newer boilers and hot water heaters, also brand-new flooring. Both units feature stainless steel appliances. The first-floor unit will be delivered vacant, offering flexibility for an owner-occupant or new tenant. The second-floor unit is rented to long-term tenants paying $1,715/month. Additional features include a walk-up attic with substantial storage space and potential for future expansion, plus a security camera system already in place.Solid building with updated systems and low immediate capital needs.
Getting Around
86
59
53
Schools
4/10
8/10
4/10
Construction
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2019
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Refrigerator,Gas Water Heater
Basement
- Has basement: Yes
- Basement: Yes,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen
- Flooring: Tile,Vinyl-Linoleum Floors
Heating & Cooling
- Heating features: 2 Units,Baseboard - Hotwater,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Details
- Parcel number: 2904002830000000360000
- Zoning description: R2
Features
- Levels: Two
- Stories: 2
- Fencing: Metal Fence,Wood
Lot
- Lot size: 2,613 sqft
- Features: Level
- Lot size dimensions: 24 x 115
Parking
- Parking features: None
