4547 Magnolia Avenue Open House

New Egypt,NJ 08533

$ 500000

4 Beds

3 Baths

2096 SqFt


OPEN HOUSE

Sun Feb 02, 12:00pm - 2:00pm 

Key Details

Property Type Multi-Family

Sub Type Two Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,096 sqft

Price per Sqft $238

Municipality Plumsted (PLU)

MLS Listing ID 22501355

Bedrooms 4

Full Baths 3

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Year Built 1940

Annual Tax Amount $6,586

Tax Year 2024

Lot Size 0.840 Acres

Acres 0.84

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!

Location

State NJ

County Ocean

Area New Egypt

Direction cross street Cedar St. long driveway.

Rooms

Basement Crawl Space

Interior

Interior Features Recessed Lighting

Cooling Multi Units

Fireplaces Number 1

Exterior

Exterior Feature Gazebo

Parking Features Covered,Unpaved,Detached,Direct Access,Oversized,Storage,Workshop in Garage

Garage Spaces 6.0

Roof Type Shingle

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Gazebo

New Construction No

Schools

Middle Schools New Egypt

High Schools New Egypt

Others

Senior Community No

Tax ID 24-00001-0000-00033

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