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45-47 Magnolia Avenue

New Egypt, NJ 08533
  • $500,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 22501355
Price Reduced
UPDATED: 178 min ago
$500,000
  • 4
    BEDS
  • 0.84
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,096
    SQFT
  • $239
    $/SQFT
Type:
Multi-Family
Built:
1940
County:

School Information

Middle School:
High School:

Description

***Investment Opportunity*** Priced to sell.Calling Contractors/Investors. 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 some TLC this is an opportunity not to be missed!

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© 2025 Monmouth-Ocean MLS. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2025-02-07T00:20:08.64.
www.candiesellshomes.com/homes/159481680
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45-47 Magnolia Avenue New Egypt, NJ 08533

  • Price: $500,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 178 min ago
  • MLS #: 22501355
4
Beds
3
Baths
0
½ Baths
0.84
Acres
2,096
SQFT
$239
$/SQFT
1940
Built
County:
Ocean
Area:
Plumsted (PLU)
Middle School:
New Egypt
High School:
New Egypt
Property Description
***Investment Opportunity*** Priced to sell.Calling Contractors/Investors. 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 some TLC this is an opportunity not to be missed!
Exterior Features

Attached Garage YN No Exterior Features Gazebo Garage Detached Yes Garage YN Yes Parking Features CoveredUnpavedDetachedDirect AccessOversizedStorageWorkshop in Garage Roof Shingle Unit1 Electric Meter Yes Unit1 Gas Meter Yes Unit1 Water Meter Yes Unit2 Electric Meter Yes Unit2 Gas Meter Yes Unit2 Water Meter Yes Waterfront Features [] Waterfront YN No Waterview No

Interior Features

Basement Crawl Space Cooling Multi Units Cooling YN Yes Fireplaces Total 1 Flooring [] Heating [] Interior Features Recessed Lighting Unit1 ACUnit Yes Unit1 Dryer Yes Unit1 Furnace Yes Unit1 Gas Stove Yes Unit1 Washer Yes Unit1 Water Heater Yes Unit2 Dryer Yes Unit2 Furnace Yes Unit2 Gas Stove Yes Unit2 Refrigerator Yes Unit2 Washer Yes Unit2 Water Heater Yes

Property Features

Assessment Assessed Yes Lot Features [] New Construction YN No Other Elementary School New Egypt Other High School New Egypt Owner Pays [] Pool No Property Sub Type Two Family Sewer Public Sewer Tax Annual Amount 6586 Tax Year 2024 Tenant Pays [] Water Heater Natural Gas Yes Water Source Public Zoning Description Non-ConformingMulti-Family

Listing information © 2025 Monmouth-Ocean MLS. Listing provided courtesy of Tracy Portaro of RE/MAX First Realty: 732-359-2000.


© 2025 Monmouth-Ocean MLS. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2025-02-07T00:20:08.64.
 
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