New Egypt NJ Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- 1,300
- Status:
- NEW LISTING
- Beds:
- 4
- Lot size:
- 0.3 Acres
- Year built:
- 1964
- Baths:
- 2.00
- MLS#:
- 22503835
- Subdivision:
- Plumsted Ridge
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Courtesy: Keller Williams Realty Monmouth/Ocean
732-942-5280
Joseph Spinella
ADDITIONAL INFORMATION
Newly renovated duplex in New Egypt, NJ, offering an excellent investment opportunity. Live in one unit while collecting rent from the other, or enjoy turnkey cash flow as a full-time investor. The property features a large front and back yard with ample parking, located just five miles from McGuire Air Force Base, making it highly attractive to military tenants. Recent upgrades include a brand-new roof, updated bathtub in Unit A, a reverse osmosis water filtration system for Unit B, and a fully rebuilt crawl space with retaining walls, new water heaters, sump pumps, and plumbing. Both units are rented. This is a solid investment opportunity ready to generate income immediately.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,096
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.84 Acres
- Year built:
- 1940
- Baths:
- 3.00
- MLS#:
- 22501355
View additional info
Courtesy: RE/MAX First Realty
732-359-2000
Tracy Portaro
ADDITIONAL INFORMATION
***Investment Opportunity*** Priced to sell.Calling Contractors/Investors. Seize this rare opportunity to own 2 homes on 1 lot, perfect for mother/daughter, multi-generational living and/or rental income with potential for subdivision- 2 Detached Homes, 3 Kitchens, 4 beds, 3 full baths. 2000sf Garage, Shed & Private Outdoor Oasis! This exceptional property has public sewer/water, gas cooking, backed up to woods. Home 1-45 Magnolia is 660 sq ft featuring 2 bedrooms, laundry, kitchen, full bath, living room. Home 2-47 Magnolia is 1436 sq ft, divided into 2 units, each with a kitchen, full bath, bedroom, and living room, sharing a convenient laundry room. The property also includes a massive detached two-story garage that can fit 5-6 cars, with extra loft space perfect for a home gym, office, or studioendless possibilities for customization. Enjoy the outdoors with a fenced-in yard, a charming gazebo, ideal for entertaining or relaxing. Short walk to the charming town of New Egypt and Laurita Winery. Both homes share a spacious driveway, making this property not only versatile but also practical. With some TLC this is an opportunity not to be missed!
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Monmouth County MLS
New Egypt Real Estate
The median home value in New Egypt, NJ is $576,670. This is higher than the county median home value of $458,600. The national median home value is $338,100. The average price of homes sold in New Egypt, NJ is $576,670. Approximately 70.27% of New Egypt homes are owned, compared to 29.73% rented, while 0% are vacant. New Egypt real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Egypt real estate agent to arrange a tour today!
New Egypt, New Jersey has a population of 1,813. New Egypt is more family-centric than the surrounding county with 38.19% of the households containing married families with children. The county average for households married with children is 32.23%.
The median household income in New Egypt, New Jersey is $64,861. The median household income for the surrounding county is $76,644 compared to the national median of $69,021. The median age of people living in New Egypt is 42.7 years.
New Egypt Weather
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 22.4 degrees. The average rainfall is approximately 47.5 inches per year, with 20.1 inches of snow per year.