Magnolia NJ Multi Family for Sale

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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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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.



Magnolia Real Estate

The median home value in Magnolia, NJ is $321,950. 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 $321,950. 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.

Magnolia Real Estate Market Conditions

  • Median sales price

    $321,950
    18.1% change since last quarter
  • # Active listings

    9
    30-day change

Magnolia Schools and Demographics

Education near Magnolia, NJ

Metric City County
High School Graduates 91.34 89.18
College Degree - 2 year 6.13 7.95
College Degree - 4 year 26.83 33.65
Graduate Degree 6.16 9.04
Expenditures per Student 24,781 24,781
Students per Teacher 12.1 12.1

Elementary Schools near Magnolia, NJ

School Grades Students P/T Ratio ZIP
Glendora Elementary School KG - 05 285 15 08029
Lawnside School District PK - 08 274 11.9 08045
Magnolia PK - 08 417 11.1 08049
Somerdale School District PK - 08 500 10.7 08083

Middle Schools near Magnolia, NJ

School Grades Students P/T Ratio ZIP
Woodland Middle School 05 - 08 247 8.5 08007

High Schools near Magnolia, NJ

School Grades Students P/T Ratio ZIP
Sterling High School 09 - 12 961 13.4 08083

Demographics near Magnolia, NJ

Metric City County
Neighborhood Type Small town
Population 4,329 521,194
Population Density 4,426 2,355
Median Age 35.4 38.7
People per Household 2.5 2.6
Median Household Income 67,161 75,485
Average Income per Capita 32,418 38,907