Calling all investors!!!Live on one 1 side rent the other. Or simply rent both sides and enjoy the cash flow. $$ Two bedroom 1 bath condo. Oversized backyard & deck off the back. Extra long driveway for parking in addition to on street parking. Located on a quite street . Come take a look today & add to your portfolio!!
***Investment Opportunity*** 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 a little TLC this is an opportunity not to be missed!
The median home value in New Egypt, NJ is $600,000. 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 $600,000. 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.
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.