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$ 375,000
Est. payment /mo
Under Contract
557 Magnolia Ave Elizabeth City, NJ 07206
4 Beds
3 Baths
19,998 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 19,998 sqft
Price per Sqft $18
MLS Listing ID 4036141
Style 3-Three Story
Bedrooms 4
Full Baths 3
Year Built 1923
Annual Tax Amount $8,243
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Excellent opportunity for those seeking a value-add renovation project. This spacious 2-family home in Elizabeth offers tremendous potential and requires repairs and updating throughout. Featuring separate units, the property presents an ideal opportunity for rental income or owner-occupancy after renovations are completed. Conveniently located near major transportation routes, shopping, schools, parks, and other local amenities. Bring your vision and unlock the full potential of this property. Buyer is responsible for Certificate of Occupancy & Fire Certificate, or all inspections required to close. Only brokers who are approved by the U.S. Department of Housing and Urban Development (HUD) and their registered agents are eligible to submit bids. Eligible for FHA 203K financing. Eligible for $100 Down program. During the 5-day Exclusive Bidding Period. Only owner occupants are eligible to submit bids.
Location
State NJ
County Union
Rooms
Basement Full, Unfinished
Interior
Heating Electric, Gas-Natural, See Remarks
Cooling None
Heat Source Electric, Gas-Natural, See Remarks
Exterior
Exterior Feature Vinyl Siding
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REALTY OF AMERICA
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