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$1,099,000
1060 Magnolia Ave, Elizabeth City, NJ, 07201-1481, Elizabeth City, NJ, 07201-1481
MLS# 4029160
6
Bedrooms
2026
Year Built
Multi-Family
Property Type
1
Parking Spaces
2
Garage
Description
Brand-new 2-family construction currently being built with the opportunity for buyers to customize and select finishes! Each spacious unit offers 3 bedrooms and 2 full bathrooms with thoughtfully designed open-concept layouts, modern finishes, and abundant natural light. The property also features a finished basement complete with a recreation room and an additional full bathroom, providing extra living and entertainment space. Includes a 2-car garage and private driveway parking. Conveniently located near major highways, shopping, schools, and public transportation. Don't miss the chance to personalize your dream investment or owner-occupied property before completion! Buyer may qualify for 5 years tax abatement! Building completion should be in 4 months.
Tax & Financial Information
| Annual Property Taxes | $8,441 (NJ Public Records) |
| Tax Assessment | $438,700 |
| Land Assessment | $436,800 |
| Last Sale Price | $537,500 |
| Listed | May 21, 2026 |
Property Features
Interior
- ✓Heating: 2 Units, Forced Hot Air
- ✓Cooling: 2 Units, Central Air
- ✓Basement: Finished, Slab, Walkout
Exterior & Lot
- ✓Parking: Built-In Garage
Utilities
- ✓Water: Public Water
- ✓Sewer: Public Sewer
Directions
Take the exit toward US-1-9 S/Elizabeth/Trenton onto US-1 S/US-9 S (1 and 9). Turn right onto Magnolia Ave.
Listing Information
Listing Office: SIGNATURE REALTY NJ — 973-921-1111
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 5/27/2026.
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Estimated Monthly Payment
$6,845/mo
Loan amount: $879,200
This calculator provides estimates for informational purposes only. Actual rates, taxes, and insurance may vary. Consult a mortgage lender for accurate quotes.
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