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$575,000
50 Days On Site

45-47 Magnolia Avenue
New Egypt, NJ 08533

For Sale|Duplex|Pending
4
Beds
3
Full Baths
0
Partial Baths
2,096
SqFt
$274
/SqFt
1940
Built
Subdivision:
None
County:
Ocean
Call Now: 1-732-788-1148
Is this the home for you? We can help make it yours.
1-732-788-1148
45-47 Magnolia Avenue45-47 Magnolia Avenue45-47 Magnolia Avenue45-47 Magnolia Avenue
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***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!

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Listing Snapshot
Price 
$575,000
Days On Site 
50 Days
Bedrooms 
4
Inside Area (SqFt) 
2,096 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.84 Acres
Year Built 
1940
MLS® Number 
22429417
Status 
Pending
Property Tax 
$6,146
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoStatus changed to Pending
3 weeks agoPrice changed to $575,000
2 months agoListing first seen on site
General Features
Acres 
0.84
Contingency 
2024-11-19
Garage 
Yes
Garage Spaces 
5
Number Of Stories 
1
Parking 
UnpavedDetachedDirect AccessOversizedStorageWorkshop in Garage
Parking Spaces 
8
Property Sub Type 
Duplex
Sewer 
Public Sewer
SqFt Total 
2096
Water Source 
Public
Zoning 
Residential, Non-Conforming, Multi-Family
Interior Features
Cooling 
Multi Units
Fireplace 
Yes
Fireplaces 
1
Heating 
Baseboard
Interior 
Recessed Lighting
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Exterior Features
Lot Features 
Wooded
Other Structures 
Gazebo
Roof 
Shingle
Community Features
Financing Terms Available 
VA LoanFHACashConventional
MLS Area 
New Egypt
Schools
School District
Unknown
Elementary School
Unknown
Middle School
New Egypt
High School
New Egypt
Listing courtesy of Tracy Portaro of RE/MAX First Realty



Properties marked with this logo are courtesy of the Monmouth Ocean Regional MLS. Data deemed reliable but not guaranteed. Monmouth Ocean Regional REALTORS ®

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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