4547 Magnolia Avenue
New Egypt, NJ 08533
4 beds | 3 baths | 0.84 acres | #22429417
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!
Interior Details
- InteriorAttic, Recessed Lighting
- Fireplaces1
Heating & Cooling
- Cooling FeaturesMulti Units
- Cooling1
Beds & Baths
- Bedrooms4
- Bathrooms3
- Full Baths3
Property Details
- Lot DescriptionFenced Area, Wooded
- Exterior FeaturesFence, Gazebo
Measurements
- Acres0.84
Parking
- Parking FeaturesUnpaved, Detached, Direct Access, Oversized, Storage, Workshop in Garage
- Parking TypeGarage
- Parking1
- Parking Spaces8
Construction Details
- Property TypeMulti-Family
- BasementSlab
Condition
- Year Built1940
Material information
- RoofShingle
Utilities / Energy Details
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- ZoningResidential, Non-Conforming, Multi-Family
- Middle SchoolNew Egypt
- High SchoolNEW EGYPT
- CountyOcean
Other
- MLS #22429417
Location
Legal
© Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: MONMOUTH
Listing Courtesy
Listing Agent: Tracy Portaro (#51491)
Listing Office: RE/MAX First Realty (#4485)
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.