Fantastic income property! Charming 3-bedroom, 1.5-bath home in Magnolia with attached 2-bedroom rental unit. Apartment could be used for rental income, or as an in-law or au pair suite. Apartment has separate entrance, 2 bedrooms, living room, kitchen, 2 full bathrooms and own laundry. Recent updates include new carpet, window treatments, light fixtures, kitchen counter, tile bathroom and newer windows. Charming main house features large living room and dining room with hardwood floors. Roomy eat-in kitchen has plenty of counter space. Half bath is located just off kitchen, along with door to back yard and patio and steps to basement. Basement has been finished into 324-square foot living area and separate laundry/utility room with french drain and sump pump. Separate HVAC and hot water heaters for apartment unit, both replaced in 2016. Upstairs both the master and second bedroom have 2 closets. All bedrooms have newer carpeting and ceiling fans. Property also features incredible detached 2-car garage, with abundant storage and workshop space. Home occupies a corner lot on a quiet tree-lined street, conveniently located close to major highways, public transportation, schools, shopping and parks.
Off market
$391,500
305 N Walnut Ave, Magnolia, NJ 08049
3beds
1,955sqft
SingleFamily
Built in 1952
7,000 Square Feet Lot
$391,500 Zestimate®
$200/sqft
$3,031 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard, Gas
Cooling
- Wall
Appliances
- Included: Range / Oven
Interior area
- Total interior livable area: 1,955 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Wood
Lot
- Size: 7,000 sqft
Details
- Parcel number: 23000020600001
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1952
Community & neighborhood
Location
- Region: Magnolia
Other
Other facts
- roof_types: Unknown
- architectural_style: New Traditional
- dining_rooms: 0
- living_rooms: 0
- fireplaces: 0
- central_air_desc: Wall Unit(s) A/C
- taxes_annual: 7784
- original_listhub_key: 3yd-TRENDPA-1000872328