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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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557 Magnolia Ave , Elizabeth City, NJ 07206
$375,000
Est. Payment: $1,931.26/mo
4 Bed
3 Bath
0 Sqft
Status: Under Contract | Days on site: 14
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6265 - 244511
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Susan Maryanski
Operator

House 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.

Highlights

Listed by HARRIS M. SANDLER , MP REALTY OF AMERICA , 833-256-4244. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1923

County

Union

Listing ID

4036141

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:3
Basement:Full,Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:25X100
Roof:Asphalt Shingle
Others:
  • Additional:Vinyl Siding, On-Street Parking
Sewer:Public Sewer
Principal Interest
$1,931
Taxes
$687

Home Price

$375,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$75,000
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:
$1,931.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,931.26 $686.92 $0.00 $2,618.18
Yearly $23,175.11 $8,243.00 $0.00 $31,418.11
Total $695,253.32 $247,290.00 $0.00 $942,543.32

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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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: 2026-09-05T12:59:16.000Z

© 2026 Garden State MLS