***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!
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
Owner options
What's special
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#: 22501355

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