4547 Magnolia Avenue Active Save Request In-Person Tour Request Virtual Tour
New Egypt,NJ 08533
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 $274
Municipality Plumsted (PLU)
MLS Listing ID 22429417
Bedrooms 4
Full Baths 3
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1940
Annual Tax Amount $6,146
Tax Year 2023
Lot Size 0.840 Acres
Acres 0.84
Lot Dimensions 100x367
Property 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!
Location
State NJ
County Ocean
Area New Egypt
Direction cross street Cedar St. long driveway.
Rooms
Basement Slab
Interior
Interior Features Attic,Recessed Lighting
Heating Baseboard
Cooling Multi Units
Fireplaces Number 1
Exterior
Exterior Feature Fence,Gazebo
Parking Features Unpaved,Detached,Direct Access,Oversized,Storage,Workshop in Garage
Garage Spaces 5.0
Roof Type Shingle
Garage No
Building
Lot Description Fenced Area,Wooded
Sewer Public Sewer
Water Public
Structure Type Fence,Gazebo
New Construction No
Schools
Middle Schools New Egypt
High Schools New Egypt
Others
Senior Community No
Tax ID 24-00001-0000-00033