645 Magnolia Ave #0, Elizabethport, NJ, 07206
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
Very Walkable
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Winter Weather
- Cold Wave
- Earthquake
- Heat Wave
- Inland Flooding
- Ice Storm
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,856 | $34,272 |
| Home Insurance * | $190 | $2,280 |
| Property Taxes | $955 | $11,460 |
| Electricity | $193 | $2,318 |
| Total | $4,194 | $50,328 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Listed for sale | $575,000 |
| 2025-08-28 | Listing removed | $560,000 |
| 2025-08-18 | Listed for sale | $560,000 |
| 2025-07-07 | Pending sale | $560,000 |
| 2025-05-29 | Listed for sale | $560,000 |
| 2025-05-02 | Listing removed | $600,000 |
| 2025-04-28 | Listed for sale | $600,000 |
| 2025-02-03 | Pending sale | $600,000 |
| 2024-08-15 | Listed for sale | $600,000 |
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