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Off market
  • $405,400

    116 SW Atlantic Ave, Magnolia, NJ 08049

    --beds
    0baths
    2,694sqft
    MultiFamily
    Built in 1895
    -- sqft lot
    $405,400 Zestimate®
    $150/sqft
    $2,004 Estimated rent

    Home value

    $405,400

    $353,000 - $462,000

    $2,004/mo

    Zestimate® history
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    $2,974/mo

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    What's special

    Motivated Seller Wants Offers. This is NOT a Short Sale and Not Bank Owned! CASH COW! Very Charming, Well Maintained Triplex with 4 Plex Potential Conveniently Located. Has State Green Card. 3 Separate Heaters (Approx 2 to 4 Yrs Young) & 3 Separate Electric Meters. Crown Moldiing, Ceiling Fans, Glass Door Knobs, High Ceilings, Ginger Bread & Front Porch Has Ornate Architecture. Some Newer Windows. Newer Roof (replaced within the last 10 years). Detached Garage. Deck. Driveway. Yard. Hardwired & Battery Back Up Smoke Detectors. Magnolia Sewer $225.00 Every 6 Months, CCMUA $236.25/Quarter, Home Owner's Insurance $814.00, SJ Gas For Apt c (2nd & 3rd Floors) & Hot Water For Entire House on Budget Plan is $135.00/Month. NJ AMerican Water $50.00/Month. Install Stairs to the 3rd Floor & Make into Efficiency Apartment. Make Money By Putting in Coin Operated Washer & Dryer in Laundry Room & Renting Out the Garage. Owner Currently Occupies 2nd & 3rd Floors. 24 Hour Notice to Show Is Preferred.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 2,694 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 23000010300016

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1895

    Community & neighborhood

    Location
    • Region: Magnolia

    Price history

    DateEventPrice
    1/12/2022Sold$130,000-4.4%$48/sqft
    Source: Public Record
    4/3/2012Sold$136,000-2.9%$50/sqft
    Source: Public Record
    11/8/2011Price change$140,000-12.5%$52/sqft
    Source: World Net Realty/SJ #5956111
    10/6/2011Listed for sale$160,000-5.9%$59/sqft
    Source: World Net Realty/SJ #5956111
    7/3/2011Listing removed$170,000$63/sqft
    Source: World Net Realty/SJ #5865147

    Public tax history

    YearProperty taxesTax assessment
    2025$8,714 $181,500
    2024$8,714 +2.5%$181,500
    2023$8,501 +2.7%$181,500

    Find assessor info on the county website

    Neighborhood: 08049

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: MAGNOLIA E.S.
    • High: STERLING H.S.
    • District: Magnolia Boro

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

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    An equal housing lender. NMLS #10287.

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    $405,400
    2% more+ $8,108
    With Zillow Showcase(estimated)
    $413,508