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Sold for $460,000
  • $460,000

    45-47 Magnolia Avenue, New Egypt, NJ 08533

    4beds
    2,096sqft
    Duplex
    Built in 1940
    -- sqft lot
    $471,500 Zestimate®
    $219/sqft
    $2,398 Estimated rent

    Home value

    $471,500

    $420,000 - $528,000

    $2,398/mo

    Zestimate® history
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    $3,070/mo

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    What's special

    ***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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Portaro 917-977-0874,

    RE/MAX First Class

    Bought with:

    Christopher Alino, 8733382

    M. Van Sciver REALTORS

    Source: MoreMLS,MLS#: 22501355MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Multi Units
    Features
    • Recessed Lighting
    • Basement: Crawl Space
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,096
    • Total interior livable area: 2,096 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Covered, Unpaved, Detached, Oversized, Workshop in Garage
    • Garage spaces: 6
    Features
    • Stories: 1
    Lot
    • Size: 0.84 Acres
    Details
    • Parcel number: 2400001000000033
    • Zoning description: Non-Conforming, Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: New Egypt

    Financial & listing details

    • Price per square foot: $219/sqft
    • Tax assessed value: $211,700
    • Annual tax amount: $6,586
    • Date on market: 1/16/2025
    • Exclusions: Personal Property. 2 Smaller sheds may be negotiable.

    Price history

    DateEventPrice
    9/22/2025Listing removed$2,400$1/sqft
    Source: Zillow Rentals Report a problem
    9/7/2025Listed for rent$2,400$1/sqft
    Source: Zillow Rentals Report a problem
    5/9/2025Sold$460,000-8%$219/sqft
    Source: MoreMLS #22501355 Report a problem
    3/21/2025Pending sale$500,000$239/sqft
    Source: MoreMLS #22501355 Report a problem
    1/29/2025Price change$500,000-4.8%$239/sqft
    Source: MoreMLS #22501355 Report a problem
    1/16/2025Listed for sale$525,000$250/sqft
    Source: MoreMLS #22501355 Report a problem
    1/14/2025Listing removed$525,000$250/sqft
    Source: MoreMLS #22429417 Report a problem
    12/11/2024Price change$525,000-8.7%$250/sqft
    Source: MoreMLS #22429417 Report a problem
    12/2/2024Listed for sale$575,000$274/sqft
    Source: MoreMLS #22429417 Report a problem
    11/26/2024Pending sale$575,000$274/sqft
    Source: MoreMLS #22429417 Report a problem
    11/7/2024Price change$575,000-4.2%$274/sqft
    Source: MoreMLS #22429417 Report a problem
    10/9/2024Listed for sale$600,000$286/sqft
    Source: MoreMLS #22429417 Report a problem
    10/9/2024Listing removed$600,000$286/sqft
    Source: MoreMLS #22429244 Report a problem
    10/8/2024Listed for sale$600,000$286/sqft
    Source: MoreMLS #22429244 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$5,864 +3.6%$211,700
    2022$5,659 $211,700
    2021$5,659 +4.5%$211,700
    2020$5,413 -1.7%$211,700
    2019$5,508 +1.6%$211,700
    2018$5,422 +1.6%$211,700
    2017$5,335 +8.1%$211,700
    2016$4,935 +2.5%$211,700
    2015$4,814 +4.3%$211,700
    2014$4,617 -3.2%$211,700
    2013$4,772 +5.9%$211,700 -30.3%
    2012$4,504 +2%$303,800
    2011$4,416 +3.6%$303,800
    2010$4,261 +5.3%$303,800
    2009$4,046 +1.9%$303,800
    2008$3,970 $303,800 +116.8%
    2007-- $140,100
    2006$4,142 $140,100
    2004-- $140,100
    2003-- $140,100
    2002-- $140,100
    2001-- $140,100
    Find assessor info on the county website

    Neighborhood: 08533

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: New Egypt
    • High: New Egypt

    Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $471,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $471,500