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Sold for $460,000 on 05/09/25
  • $460,000

    45-47 Magnolia Avenue, New Egypt, NJ 08533

    4beds
    2,096sqft
    Duplex
    Built in 1940
    -- sqft lot
    $468,300 Zestimate®
    $219/sqft
    $2,414 Estimated rent

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    $2,414/mo

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    $3,016/mo

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    $3,016/mo

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    What's special

    ***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!

    Zillow last checked: 7 hours ago

    Listing updated: May 09, 2025 at 08:01pm

    Listed by:

    Tracy Portaro 917-977-0874,

    RE/MAX First Class

    Bought with:

    Christopher Alino, 8733382

    M. Van Sciver REALTORS

    Source: MoreMLS,MLS#: 22501355MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Multi Units
    Features
    • Recessed Lighting
    • Basement: Crawl Space
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,096
    • Total interior livable area: 2,096 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Covered, Unpaved, Detached, Oversized, Workshop in Garage
    • Garage spaces: 6
    Features
    • Stories: 1
    Lot
    • Size: 0.84 Acres
    Details
    • Parcel number: 2400001000000033
    • Zoning description: Non-Conforming, Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: New Egypt
    • Subdivision: None
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $468,300
    2% more+$9,366
    With Zillow Showcase(estimated)$477,666