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. Property includes architectural/site plans and documentation related to a previously approved rear expansion (2015).
Listing Courtesy of GARDEN STATE MLS - IDX / Listed By: Nohelys Lugo, Coldwell Banker Realty
$775,000 (USD)
Elizabeth Area Multi-Family Home
Active
1083-1085 Magnolia Avenue Elizabeth, NJ 07201
8 Bed
3 Baths
sqft
MLS# 26026634
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. **LOW TAXES** - 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.
Welcome to this beautifully maintained Colonial nestled on a peaceful in desirable Teaneck. This spacious home offers 3 bedrooms, 1 full bath, 1 half bath, and a beautifully finished walk-up attic providing additional flexible living space. Step inside through the welcoming entry foyer into a bright and inviting living room, followed by a formal dining room featuring gleaming hardwood floors. The updated kitchen offers beautiful wood cabinetry, stainless steel appliances, and a generous breakfast bar island perfect for casual dining and entertaining. The second floor features three spacious bedrooms and an updated full bathroom, while the finished third level offers a versatile bonus room with heating and cooling, ideal for a home office, guest room, or additional recreational space. Enjoy the convenience of in-unit laundry, an enclosed winterized front porch, a beautiful rear deck, and a lovely backyard and patio area perfect for relaxing or entertaining. A huge private driveway accommodates more than six vehicles, offering exceptional off-street parking. Comfortable, spacious, and full of charm, this wonderful Teaneck rental is ready to welcome its next occupants!
Welcome to this beautifully maintained two-family home offering a spacious and inviting second-floor apartment designed for comfortable everyday living. This bright and well-kept residence features three generously sized bedrooms, a spacious living room, a separate formal dining room, and one full bathroom. One of the highlights of the home is the expansive finished attic, providing exceptional additional space with endless possibilities for a home office, recreation area or additional storage. The apartment also offers convenient in-unit laundry hookups, separate utilities, and central air conditioning and heating for year-round comfort. Situated in a highly desirable residential neighborhood, this home combines space, functionality, and convenience in an excellent location. Enjoy easy access to local shopping, schools, parks, restaurants, public transportation, and major highways, making daily commuting and errands effortless. A wonderful opportunity to enjoy a spacious, well-maintained home in a convenient and sought-after area. Move right in and make this beautiful apartment your new home! There is a $50 pet fee.