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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
WalkingVery Walkable
59
TransitGood Transit
53
BikeBikeable

Schools

8/10
Elizabeth High SchoolGrades 9-120.4 mi
4/10
T Jefferson Arts AcademyGrades 9-120.4 mi

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