For Sale Multi-Family MLS# 4041019

1083 Magnolia Ave

Elizabeth City, NJ 07201

$775,000

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About 1083 Magnolia Ave

Exceptional side-by-side two-family property offering an outstanding opportunity for investors and owner-occupants alike. Each spacious unit features 4 generously sized bedrooms, providing excellent rental income potential and flexible living arrangements. Each unit welcomes you with a spacious enclosed front porch, perfect for a sitting area, mudroom, or additional seasonal living space. One unit includes the convenience of an in-unit laundry. The property offers separate utilities, a full basement with abundant storage, and two expansive driveways with parking for approximately 10"15 vehicles a rare and highly desirable feature in Elizabeth. The roof was replaced approximately one year ago, providing added value and peace of mind for the new owner. Ideally located near shopping, restaurants, schools, public transportation, major highways, and Newark Liberty International Airport, this property combines convenience with strong investment potential. Whether you're looking to expand your real estate portfolio or live in one unit while generating income from the other, this well-maintained multifamily is a fantastic opportunity in a prime location. Property includes architectural/site plans and documentation related to a previously approved rear expansion (2015).

Property details

Property

Type
multi
Year built
1900
Lot
0.11 ac
List date
Jul 15, 2026

Schools

District
Elizabeth City School District

Location

Subdivision
Keighry Head
Neighborhood
Keighry Head

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Listed by COLDWELL BANKER REALTY

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.