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645 Magnolia Ave #0Elizabeth City, NJ 07206

Commercial
$565,000 Active

645 Magnolia Ave #0 Overview

Time on Site:
82 days
Visits:
0

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.

Listing provided courtesy of KELLER WILLIAMS METROPOLITAN- MLS# 4019690MLS ProviderContact Information: 973-539-1120
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645 Magnolia Ave #0 Facts & Features

  • Type Commercial

Details

General

Listing Information

  • For Sale Or Lease: For Sale

Building Information

  • Num Apts: 2
  • Year Built: 9999

Location/Region

  • County Or Parish: Union
  • Location: Business District, Residential Area

Building Exterior/Construction

  • Construction Date/Year Built Des: Approximate

Rent/Lease Information

  • Lease Information: See Remarks

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $17,572.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 2.017
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *

General Information

  • Inclusions: Building & Business, Equipment
  • Property Sub Type: Mixed Use, Restaurant, Store With Apartment
  • Property Type: Commercial
  • Zoning: commercial

Interior

Building Information

  • Available Sq Ft: 0
  • Equipment Available: Fixtures, Furniture, Refrigeration Unit, Smoke Detector
  • Max Ceiling Height: 0
  • Max Door Height: 0
  • Num 2 Bdrm Units: 2
  • Office Sq Ft: 0

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Total: 4

Building Interior

  • Building Area Total: 0

General Information

  • Cooling: 1 Unit, Central Air
  • Flooring: Laminate, Tile
  • Heating: 2 Units
  • Stories: 2

Unit Information

  • Unit Number: 0

Exterior

Building Information

  • Number of Bays: 0
  • Number of Docks: 0

Parking Information

  • Parking Features: On-Street Parking

Lot Information

  • Approximate Lot Size: 57.21X77.51 X IRR
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick/Block
  • Exterior Description: Brick/Block
  • Roof: Flat, Rubberized

General Information

  • Number Of Units Total: 3
  • Sewer: Public Available
  • Utilities: All Underground

645 Magnolia Ave #0 Neighborhood

Community

07206 (Elizabeth City) Demographics

31
Median Age
12,182
Population Density (per sq. mile)
11%
College Educated
$46,275
Estimated Median Income
2,234
Estimated Total Home Owners
5,806
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

645 Magnolia Ave #0 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

645 Magnolia Ave #0 Market Data

Based on the last 30 days in this zip code

$494,500
Average List Price
$657
Average Price per Square Foot
2
Properties Sold
85
Average Days on Market
2
Properties for Sale
Calculations provided by Reliance Network

645 Magnolia Ave #0 History

Date Event Value Agent
6/10/2026Source: Garden State MLS Price Reduction
$565,000 -1.7%
4/9/2026Source: Garden State MLS Added to Database
April 09, 2026