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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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1083 Magnolia Ave , Elizabeth City, NJ 07201
$800,000
Est. Payment: $4,071.37/mo
8 Bed
3 Bath
0 Sqft
Status: active | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House Description

Exceptional side-by-side two-family property offering an outstanding opportunity for investors and owner-occupants alike. Each spacious unit features 4 generously sized bedrooms, providing excellent rental income potential and flexible living arrangements. Each unit welcomes you with a spacious enclosed front porch, perfect for a sitting area, mudroom, or additional seasonal living space. One unit includes the convenience of an in-unit laundry. The property offers separate utilities, a full basement with abundant storage, and two expansive driveways with parking for approximately 10"15 vehicles a rare and highly desirable feature in Elizabeth. The roof was replaced approximately one year ago, providing added value and peace of mind for the new owner. Ideally located near shopping, restaurants, schools, public transportation, major highways, and Newark Liberty International Airport, this property combines convenience with strong investment potential. Whether you're looking to expand your real estate portfolio or live in one unit while generating income from the other, this well-maintained multifamily is a fantastic opportunity in a prime location.
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Highlights

Listed by NOHELYS LUGO , MP COLDWELL BANKER REALTY , 973-694-8000. Garden State MLS

Property Type

Multi-Family
Lot/Acreage
0.11

Year Built

1900

County

Union

Listing ID

4041019

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Wall A/C Unit(s)
Fireplaces:
Basement:Full,Unfinished
Other:Public Water

Exterior Features

Lot Dimensions:48.15X100
Roof:Asphalt Shingle
Others:Vinyl Siding,Blacktop,Driveway-Exclusive,Off-Street Parking,Parking Lot-Exclusive,See Remarks
Sewer:Public Sewer
Principal Interest
$4,071
Taxes
$789

Home Price

$800,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$160,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,071.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,071.37 $789.08 $0.00 $4,860.45
Yearly $48,856.39 $9,469.00 $0.00 $58,325.39
Total $1,465,691.81 $284,070.00 $0.00 $1,749,761.81

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Elizabeth City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS