645 Magnolia Ave, Elizabeth City NJ 07206-1407

$565,000
Active
Elizabeth City

About this home

Great opportunity to own a mixed-use commercial building in an up-and-coming area with strong value-add potential. Property requires renovation, making it ideal for investors or owner-users looking to customize and maximize returns. Currently configured with two residential apartments on the Magnolia Ave side each offering 2 bedrooms and a restaurant on the Trumbull St side with seating for approximately 75 guests. The building spans both Magnolia Ave and Trumbull St, providing multiple access points. Suitable for a variety of uses, including retail, office, restaurant, or redevelopment (buyer to verify permitted uses). Property is being sold strictly as-is.

Taxes & fees

Annual property tax
$17,572
Tax year
2025
Tax rate
2.017

Property details

Year Built
9999
Roof (*text)
Flat, Rubberized
Floors No
Laminate, Tile
MLS #
4019690

Features & amenities

Year Built (*numeric)
9999
Basement
Yes
Roofing (*text)
Flat, Rubberized
Days on market
145
Basement (*text)
Yes
Cooling (*text)
1 Unit, Central Air
Garage spaces
0
Heating
2 Units
Lot dimensions
57.21X77.51 X IRR
Property Location

40.66115, -74.19412

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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