629 Magnolia Avenue

Elizabeth Port, NJ 07206

$300,000
Last Sold Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Turn Key Opportunity. This property is fully rented. Both apartments are very spacious. 5 bedrooms total. Are you tired of renting? Buy & Hold, 629 Magnolia Avenue. Minutes away from Port Elizabeth, Port Bayonne, Port Newark. Hop and skip away to all major transportation such as buses, trains, airport and all major highways. Elizabeth has a shopping centers such as The Mills at Jersey Gardens, IKEA Center, Broad Street, Elizabeth Avenue, Elmora Avenue, North Broad St, Morris Avenue, Bayway, East...Turn Key Opportunity. This property is fully rented. Both apartments are very spacious. 5 bedrooms total. Are you tired of renting? Buy & Hold, 629 Magnolia Avenue. Minutes away from Port Elizabeth, Port Bayonne, Port Newark. Hop and skip away to all major transportation such as buses, trains, airport and all major highways. Elizabeth has a shopping centers such as The Mills at Jersey Gardens, IKEA Center, Broad Street, Elizabeth Avenue, Elmora Avenue, North Broad St, Morris Avenue, Bayway, East Jersey Street and beautiful parks such as Warianco Park. Let's not forget the night life and pier. Elizabeth, NJ has so much to offer and COMMUTERS DELIGHT! Live in Elizabeth, NJ and Fire your landlord today. Great Cap Rate.
  1. Listed by JAZMINE CLAUSEN-SOIR • RE/MAX FIRST REALTY II
  2. Listed by MEILYN TORRES

Property Details for 629 Magnolia Avenue

Directions
629 Magnolia Avenue, Elizabeth, NJ, 07206
Days On Market
71

Location

Add your commute
LISTING UPDATED: 06/09/2022 03:03 AM

Property Details for 629 Magnolia Avenue

StatusSold
MLS #3685730
Days on Market71
Taxes$5,880 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.00 AC / 0 SF
CountyUnion County

Location

Add your commute

Building Information for 629 Magnolia Avenue

Stories-Residences2Year Built1900Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$2,127 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,637

Property Taxes

$490

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 629 Magnolia Avenue

Summary
Location and General Information
  • Active Days on Market: 39
  • Renovated Year: 2010
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 7
  • Listing Type: Exclusive Right to Sell
  • Street # Display: 629.0
  • # Parking Spaces: 0
  • County Or Parish: Union
  • Street Name: MAGNOLIA AVE
  • Zip Code: 07206-1407
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $5,880
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 20400.0
  • Tax ID For Property: 2904-00007-0000-00785-0000-
  • Tax Rate Amount: $29
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year: 2019
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: None, On-Street Parking
  • # Garage Spaces: 0
  • Garage Description: None
Property
Lot Information
  • Lot Identifier: 785
  • Approximate Lot Size: 25X86.80 X IRR
  • Total Acres: 0.0
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 15200.0
  • Assessment Land: 5200.0
Utilities
  • Cooling: No Cool
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: 2 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, See Remarks, Smoke Detector, Vinyl-Linoleum Floors
  • Roof Description: Flat
  • Basement: No
  • Basement Description: Slab
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1000.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, See Remarks
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 1000.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1200.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, See Remarks
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 1200.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $7,000.00
  • Net Operating Income: $21,700.00
  • Gross Operating Income: $28,700.00

Property History for 629 Magnolia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 629 Magnolia Avenue

Taxable ValueLand$5,200Additions$15,200Total$20,400
Tax Record2022$6,238 ($520 / month)
Home Facts
Total Finished SqFt1,614 SqFtAbove Grade Finished SqFt1,614 SqFtLot Size2,170 SqFtStyleDuplexYear Built1900CountyUNIONAPN04 00629-0000-00024

Schools near 629 Magnolia Avenue

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 8
Public - K to 8
Rating
School
Distance
Number 20, John Marshall Elementary School
PublicK to 8

Elizabeth High School
Public9 to 12

Terence C. Reilly School #7
PublicPK to 8

Jerome Dunn Academy No 9
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX FIRST REALTY II, JAZMINE CLAUSEN-SOIR

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/16/2024 03:15 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.