557 Magnolia Ave, Elizabeth, NJ 07206

Elizabeth
Local realty services provided by:Better Homes and Gardens Real Estate Elite
557 Magnolia Ave,Elizabeth City, NJ 07206
$375,000
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: harris m. sandler
Office: realty of america833-256-4244
MLS#:4036141
Source:NJ_GSMLS

Price summary

  • Price:$375,000

About this home

Excellent opportunity for those seeking a value-add renovation project. This spacious 2-family home in Elizabeth offers tremendous potential and requires repairs and updating throughout. Featuring separate units, the property presents an ideal opportunity for rental income or owner-occupancy after renovations are completed. Conveniently located near major transportation routes, shopping, schools, parks, and other local amenities. Bring your vision and unlock the full potential of this property. Buyer is responsible for Certificate of Occupancy & Fire Certificate, or all inspections required to close. Only brokers who are approved by the U.S. Department of Housing and Urban Development (HUD) and their registered agents are eligible to submit bids. Eligible for FHA 203K financing. Eligible for $100 Down program. During the 5-day Exclusive Bidding Period. Only owner occupants are eligible to submit bids.

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Home facts

  • Year built:1923
  • Listing ID #:4036141
  • Added:103 day(s) ago
  • Updated:October 06, 2026 at 09:24 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:9
  • Basement Description:Basement, Full, Unfinished

Heating and cooling

  • Heating:1 Unit, Radiators - Hot Water

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1923
  • Lot area:0.06 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$375,000
  • Tax amount:$8,243 (2025)

Features and amenities

  • Amenities:All Utilities Underground

Parking

  • Parking description:On-Street Parking
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated October 6, 2026

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