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$ 565,000
Est. payment /mo
Active
645 Magnolia Ave Elizabeth City, NJ 07206
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4019690
Annual Tax Amount $17,572
Tax Year 2025
Property Sub-Type Mixed Use
Property Description
Great opportunity to own a mixed-use commercial building in an up-and-coming area with strong value-add potential. Property requires renovation, making it ideal for investors or owner-users looking to customize and maximize returns. Currently configured with two residential apartments on the Magnolia Ave side each offering 2 bedrooms and a restaurant on the Trumbull St side with seating for approximately 75 guests. The building spans both Magnolia Ave and Trumbull St, providing multiple access points. Suitable for a variety of uses, including retail, office, restaurant, or redevelopment (buyer to verify permitted uses). Property is being sold strictly as-is.
Location
State NJ
County Union
Zoning commercial
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling 1 Unit, Central Air
Flooring Laminate, Tile
Equipment Fixtures, Furniture, Refrigeration Unit, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available All Underground
Roof Type Flat, Rubberized
Building
Story 2
Sewer Public Available
Water Public Water
Others
Ownership Fee Simple

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Listed by KELLER WILLIAMS METROPOLITAN
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