Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

645 Magnolia Ave #0, Elizabethport, NJ, 07206

--beds
4baths
0sqft
$575,000
--price/sqft
$4,265/moest. monthly cost
$170,600/yrincome needed

About This Home

Great opportunity to own a mixed-use commercial building in an up-and-coming area with strong value-add potential. Property requires renovation, making it ideal for investors or owner-users looking to customize and maximize returns. Currently configured with two residential apartments on the Magnolia Ave side each offering 2 bedrooms and a restaurant on the Trumbull St side with seating for approximately 75 guests. The building spans both Magnolia Ave and Trumbull St, providing multiple access points. Suitable for a variety of uses, including retail, office, restaurant, or redevelopment (buyer to verify permitted uses). Property is being sold strictly as-is.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

8/10
Elizabeth High SchoolGrades 9-120.9 mi
4/10
T Jefferson Arts AcademyGrades 9-120.9 mi

Construction

Materials

  • Roof: Flat,Rubber
  • Construction materials: Brick/Block

Type & Style

  • Home type: Apartment
  • Property subType: Apartment

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bathrooms: 4

Features

  • Door features: Max Door Height: 0
  • Flooring: Laminate,Tile

Heating & Cooling

  • Heating features: 2 Units,Natural Gas
  • Cooling features: 1 Unit,Central Air

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 2904006290000000020000
  • Attached to another structure: Yes
  • Zoning description: commercial
  • Other equipment: Refrigeration Unit

Features

  • Stories: 2

Lot

  • Features: Business District,Residential Area
  • Lot size dimensions: 57.21 x 77.51 x IRR

Parking

  • Parking features: On-Street Parking
  • Has uncovered spaces: Yes