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Residential Income For Sale

557 Magnolia Ave, Elizabeth City, NJ 07206-1406

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Property 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.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4036141
Price:
$375,000
Year Built:
1923
Lot Area:
0.06 Acre
Status:
Under Contract
Office Name:
REALTY OF AMERICA
Agent Name:
HARRIS M. SANDLER
Full Bathrooms:
3
Roof:
Asphalt Shingle
Features
Heating System:
1 Unit, Radiators - Hot Water
Cooling System:
None
Basement:
Full, Unfinished
Architectural Style:
3-Three Story
Sewer:
Public Sewer
Utilities:
All Underground
Address Map
Country:
US
State:
NJ
County:
Union
City:
Elizabeth City
Zipcode:
07206-1406
Street:
Magnolia Ave
Street Number:
557
Longitude:
W75° 48' 26.6''
Latitude:
N40° 39' 34.4''
Directions:
TRUMBULL TO MAGNOLIA
Additional Information
Lot Size Dimensions:
25X100
Water Source:
Public Water
Number Of Units Total:
2
Financial
Tax Annual Amount:
8243
Listing Information
List Agent Mls Id:
244511
List Office Mls Id:
6265
Mls Status:
Under Contract
Modification Timestamp:
2026-08-28T08:06:41Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4036141
Lot Area:
0.06 Acre
$375,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com