45-47 Magnolia Avenue

New Egypt, NJ 08533

$525,000
Price
4
Beds
2,096 Sq. Ft.
$250 / Sq. Ft.
2,096
Sq. Ft.
$250
per Sq. Ft.

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...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.
  1. Listed by Tracy Portaro • RE/MAX First Realty

Property Details for 45-47 Magnolia Avenue

Complex/Subdivision
None
Zoning
Multi-Family, Non-Conforming, Residential
New Construction
No
Waterview
No
Directions
cross street Cedar St. long driveway.
LISTING UPDATED: 12/11/2024 04:30 PM

Property Details for 45-47 Magnolia Avenue

StatusActive
MLS #22429417
Days on Market68
Taxes$6,146 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Family
Year Built1940
Lot Size0.84 AC / 36,590 SF
CountyOcean County

Building Information for 45-47 Magnolia Avenue

Stories1Residences2Year Built1940Building Size-Lot Size0.84 AC / 36,590 SF

Property Information for 45-47 Magnolia Avenue

Summary
Location and General Information
  • Area/Section: New Egypt
  • Postal City: New Egypt
  • State: NJ
  • Municipality: Plumsted (PLU)
  • Middle School: New Egypt
  • High School: New Egypt
  • Other Elementary: New Egypt
  • Other High: New Egypt
  • # Units in Bldg: 2
  • Block: 1
  • Apx Year Built: 1940.0
Parking
  • Garage: Detached, Oversized, Workshop, Storage Above, Direct Entry
  • Parking: Unpaved
  • # Car Garage: 5.0
  • # Parking Spaces: 8.0
Taxes and HOA Information
  • Tax ID#: 24-00001-0000-00033
  • Taxes: $6,146.00
  • Tax Year: 2023
Property
Lot Information
  • Apx SqFt: 2096.0
  • # Acres: 0.84
  • Lot: 33
  • Lot Dimensions: 100x367
  • Lot Description: Fenced Area, Wooded
Property and Assessments
  • Assessment - Total: 0.0
  • Assessment Status: Assessed
  • Possession: At Closing, Negotiable
  • Deed Restricted: No
  • Property Sub-Type: Two Family
Utilities
  • Fireplace: Yes
  • Water Heater: Natural Gas, Shared
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Shingled
  • Exterior: Fence, Shed, Gazebo
Interior Features
  • Interior: Attic, Recessed Lighting
  • # Levels: 1
  • Basement: Slab
  • Excluded: personal property
  • Bedrooms: 4
  • # Fireplaces: 1.0
  • Siding: Vinyl
Multi Family
Unit 1
  • Unit 1: AC Unit, Water Meter, Water Heater, Refrigerator, Washer, Gas Meter, Gas Stove, Furnace, Electric Meter, Dryer
  • Unit 1: # Bedrooms: 2
  • Unit 1: Bedroom Level: 1
  • Unit 1: # Full Baths: 1
  • Unit 1: # Rooms: 5.0
  • Unit 1: Kitchen Level: 1
  • Unit 1: Living Room Level: 1
Unit 2
  • Unit 2: AC Unit, Water Heater, Water Meter, Washer, Gas Stove, Refrigerator, Gas Meter, Electric Meter, Dryer
  • Unit 2: # Bedrooms: 1
  • Unit 2: Bedroom Level: 1
  • Unit 2: # Full Baths: 1
  • Unit 2: # Rooms: 4.0
  • Unit 2: Kitchen Level: 1
  • Unit 2: Living Room Level: 1
Unit 3
  • Unit 3: Dryer, Washer, Refrigerator, Gas Stove
  • Unit 3: # Bedrooms: 1
  • Unit 3: Bedroom Level: 1
  • Unit 3: # Full Baths: 1
  • Unit 3: # Rooms: 4.0
  • Unit 3: Kitchen: YES
  • Unit 3: Kitchen Level: 1
  • Unit 3: Living Room: YES
  • Unit 3: Living Room Level: 1

Property History for 45-47 Magnolia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 45-47 Magnolia Avenue

Taxable ValueLand$82,100Additions$129,600Total$211,700
Tax Record2022$5,864 ($489 / month)
Home Facts
Beds2Total Finished SqFt660 SqFtAbove Grade Finished SqFt660 SqFtStories1Lot Size36,700 SqFtStyleSingle Family ResidenceYear Built1940ZoningR40CountyOCEANAPN24 00001-0000-00033Fireplace TypeHas Fireplace

Schools near 45-47 Magnolia Avenue

This home is within Plumsted Township Board Of Education School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
New Egypt Elementary School
PublicPK to 5

New Egypt Middle School
Public6 to 8

New Egypt High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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45-47 Magnolia Avenue is a multi-family home for sale in New Egypt, NJ 08533. This property was listed for sale on October 9, 2024 by RE/MAX First Realty, it's currently listed at $525,000. This listing's school district is Plumsted Township Board Of Education School District. Nearby schools include New Egypt Elementary School, New Egypt Middle School and New Egypt High School. 45-47 Magnolia Avenue is a 4-bed, 0-bath, 2,096 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX First Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.