45-47 Magnolia Avenue New Egypt, NJ 08533

Other Residential MLS #: 22501355 Courtesy Of RE/MAX First Realty

$525,000

4 beds | 3 baths | 2,096 sq ft
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Est. Property Tax: $6,586
Estimated monthly payments: $2,844/mo.* (recalculate)

Property InformationDescription

***Investment Opportunity*** 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 studio endless 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!
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Fireplace: Fireplace
  • Heating System: Fireplace
  • Lot Size: 0.84 Acres

MAP & DIRECTIONS

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45-47 Magnolia Avenue, New Egypt, NJ 08533
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School Information

45-47 Magnolia Avenue, New Egypt, NJ 08533

Elementary School
Grades PK-1 | Public School
NEW EGYPT PRIMARY SCHOOL
New Egypt, NJ 08533
131 Evergreen Rd
609.­758.6800
Distance: 1.3 mi
Elementary School
Grades 2-5 | Public School
DR. GERALD H. WOEHR ELEMENTARY SCHOOL
New Egypt, NJ 08533
44 N Main St
609.­758.6800
Distance: 0.4 mi
School Rating
B
Student:Teacher Ratio
10:1
Total Students
490
Middle School
Grades 6-8 | Public School
NEW EGYPT MIDDLE SCHOOL
New Egypt, NJ 08533
115 Evergreen Rd
609.­758.6800
Distance: 1.0 mi
School Rating
C
Student:Teacher Ratio
12:1
Total Students
282
High School
Grades 9-12 | Public School
NEW EGYPT HIGH SCHOOL
New Egypt, NJ 08533
117 Evergreen Rd
609.­758.6800
Distance: 1.0 mi
School Rating
C-
Student:Teacher Ratio
9:1
Total Students
339
Other Nearby Schools Distance Type Grades School Rating
Discovery Elementary School 3.0 mi Public PK-KG
New Jersey United Christian Academy 3.0 mi Private 6-12
Endeavour Elementary School 3.2 mi Public PK-4
North Hanover Township Upper Elementary School 3.3 mi Public 5-6 C-
Clarence B. Lamb Elementary School 3.4 mi Public 1-4 C
Atlantis Elementary School 4.3 mi Public 1-2
New Hanover Township School 5.4 mi Public PK-8 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

New Egypt, NJ 08533

Median Age: 42.3
Married: 56%
Number of Households: 2,911
Households with Children: 27%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.