1041 Magnolia Ave, Elizabeth City, NJ 07201
North avenue section · Union County
Key Facts
Description
Well-maintained 2-family property in a convenient Elizabeth location. Fully renovated in 2019 with major upgrades throughout, including all new plumbing, electric and new roof, plywood, newer boilers and hot water heaters, also brand-new flooring. Both units feature stainless steel appliances. The first-floor unit will be delivered vacant, offering flexibility for an owner-occupant or new tenant. The second-floor unit is rented to long-term tenants paying $1,715/month. Additional features include a walk-up attic with substantial storage space and potential for future expansion, plus a security camera system already in place.Solid building with updated systems and low immediate capital needs.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
2-Two Story
Stories
2
Living Area
2,000 sq ft
Lot Size
0.06 acres
Days on Market
54
MLS® Listing#
4025921
Property Features
- Appliances:
- Gas Water Heater
- Cooling:
- Window Unit(s)
- Heating:
- Baseboard, Natural Gas
- Flooring:
- Tile, Vinyl
- Basement:
- Unfinished
- Lot Features:
- Level, Wooded
- Construction:
- Vinyl Siding
- Roof:
- Asphalt
- Security:
- Smoke Detector(s)
- Utilities:
- Natural Gas Available
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $7,297 (2025)
- Assessed Value:
- $361,800
- Parcel #:
- 2904-00283-0000-00036-0000-
Directions
Catherine st to Magnolia or Route 1&9 South to Magnolia
Affordability Calculator
$97,000
Estimated monthly payment
$2,581/mo
Principal $388,000 · Est. interest $541,295 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elizabeth City, NJ
- $619,471
- Median Listing Price
- 49
- Median Days on Market
- 1,386
- Median Sq Ft
- $420
- Median Price / Sq Ft
- 3,202
- Active Listings
- This home’s price is 22% below the area median.
- Its price per sq ft is 42% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Elizabeth City, NJ.
Location
- 1041 Magnolia Ave, Elizabeth City, NJ 07201
Walk Score
Nearby Schools
Winfield Scott School No. 2
Elementary · 0.3 mi away
Toussaint L'Ouverture-Marquis de Lafayette School No. 6
Elementary · 0.4 mi away
Elizabeth High School - Frank J Cicarell Academy
Secondary · 0.4 mi away
Leaguers Head Start
School · 0.4 mi away
Elizabeth Public Schools
School · 0.6 mi away
Uceda School
School · 0.6 mi away
John E. Dwyer Technology Academy
School · 0.6 mi away
St Anthony's Convent
School · 0.6 mi away
Elizabeth High School
Secondary · 0.6 mi away
Trinitas School of Nursing
School · 0.6 mi away
Nicholas S. Lacorte-Peterstown School No. 3
Elementary · 0.7 mi away
NM Butler School 23
Elementary · 0.7 mi away
Adm W F Halsey Leadershp Academy
School · 0.8 mi away
Blessed Sacrament Church
Elementary · 0.8 mi away
Alexander Hamilton Preparatory Academy
School · 0.8 mi away
Evangel Day School
Elementary · 0.9 mi away
Madison Monroe School No. 16
Elementary · 0.9 mi away
Joseph Battin Elementary School
Elementary · 0.9 mi away
Ronald Reagan Academy School No 30
School · 0.9 mi away
No 26 Edreira Academy
School · 0.9 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Elizabeth City
Listing Courtesy: EXIT REALTY LUCKY ASSOCIATES - 9082897746