$525,000
For Sale

4547 Magnolia Avenue

New Egypt, NJ 08533
4 beds | 3 baths | 0.84 acres | #22429417
Browse 46 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

***Investment Opportunity***
Seize this rare opportunity to own 2 homes on 1 lot, perfect for mother/daughter, multi-generational living and/or rental income with potential for subdivision- 2 Detached Homes, 3 Kitchens, 4 beds, 3 full baths. 2000sf Garage, Shed & Private Outdoor Oasis!
This exceptional property has public sewer/water, gas cooking, backed up to woods. Home 1-45 Magnolia is 660 sq ft featuring 2 bedrooms, laundry, kitchen, full bath, living room. Home 2-47 Magnolia is 1436 sq ft, divided into 2 units, each with a kitchen, full bath, bedroom, and living room, sharing a convenient laundry room. The property also includes a massive detached two-story garage that can fit 5-6 cars, with extra loft space perfect for a home gym, office, or studioendless possibilities for customization.
Enjoy the outdoors with a fenced-in yard, a charming gazebo, ideal for entertaining or relaxing. Short walk to the charming town of New Egypt and Laurita Winery.
Both homes share a spacious driveway, making this property not only versatile but also practical. With a little TLC this is an opportunity not to be missed!

  • Property Details
      • Parking FeaturesUnpaved, Detached, Direct Access, Oversized, Storage, Workshop in Garage
      • ZoningResidential, Non-Conforming, Multi-Family
      • InteriorAttic, Recessed Lighting
      • Lot DescriptionFenced Area, Wooded
      • Exterior FeaturesFence, Gazebo
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Cooling FeaturesMulti Units
      • Property SubtypeTwo Family
      • Middle SchoolNew Egypt
      • High SchoolNEW EGYPT
      • MLS #22429417
      • MLS #22429417
      • RoofShingle
      • Parking TypeGarage
      • Utility SourcePublic
      • Cost525000
      • CountyOcean
      • Acres0.84
      • BasementSlab
      • Year Built1940
      • Fireplaces1
      • Cooling1
      • Bedrooms4
      • Bathrooms3
      • Full Baths3
      • Parking1
      • Parking Spaces8

Location

Danielle Coyle | RE/MAX SelectReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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