Magnolia NJ Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- NJCD2074374
ADDITIONAL INFORMATION
This is a great opportunity to own an income producing duplex in the heart of magnolia! This property has been very well taken care of by its current owner. Unit A is a beautiful 1 bed 1 bath that was totally renovated 3 years ago (Landlord receives $1,700 a month). Unit B is a 3 bed 1 bath that also had a few updates within the past 2 years (Landlord receives $2,000 a month). These updates include brand new vinyl plank flooring, new kitchen appliances, and updated fixtures throughout. Both units have just received a brand new water heater. There is an unfinished basement that houses all the mechanicals, but is also used by the tenants for storage. The large wrap around driveway can hold up to 4+ cars as well as an oversized 2 car detached garage out back.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.42 Acres
- Year built:
- 1903
- Baths:
- MLS#:
- NJCD2073510
ADDITIONAL INFORMATION
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Magnolia Real Estate
The median home value in Magnolia, NJ is $315,000. This is higher than the county median home value of $276,500. The national median home value is $338,100. The average price of homes sold in Magnolia, NJ is $315,000. Approximately 61.03% of Magnolia homes are owned, compared to 30.02% rented, while 8.95% are vacant. Magnolia 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 Magnolia real estate agent to arrange a tour today!
Magnolia, New Jersey has a population of 4,329. Magnolia is less family-centric than the surrounding county with 25.76% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Magnolia, New Jersey is $67,161. The median household income for the surrounding county is $75,485 compared to the national median of $69,021. The median age of people living in Magnolia is 35.4 years.
Magnolia Weather
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 46.5 inches per year, with 12.9 inches of snow per year.