430 Magnolia Street

Sold on Sep 12, 2024

Map

$685,000

● Multifamily - Off Market

430 Magnolia Street

Highland Park, NJ 08904

Studio

0 Bath

$4,574

Est. Monthly

4.47%

Cap Rate

About This Property

Great Investment Property Featuring 2 rental units with each containing 2 large bedrooms, kitchen, dining area, living room, bathrooms with tubs, lots of closet space and more. Other bonuses of this unique property are front porches for sitting, full basement with laundry facilities and full attic for for storage, big detached rented garage for extra investment income, huge driveway with parking for 4+ cars, patio, nice yard, garden, mature trees. This profitable real estate is located on a quiet street, just one block off the main street, short distance to Donaldson Park, close to Rutgers, St. Peter's University and Robert Wood Johnson Hospitals, shopping, parks, schools, and just a couple of blocks to places of worship, and more.

Unit Size

Days on Market

121 days

Land Size

0.16 acres

Price per sqft

Property Type

Multifamily

Property Taxes

$1,043

HOA Dues

Year Built

1935

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (CJMLS #2411459R)

Price History

Date / Event	Date	Event
Sep 12, 2024	Sold	Premium
Sold
Jul 24, 2024	In contract	-
In contract
Jun 28, 2024	Price Decreased	$719,000 ↓ $21K (2.8%)
Price Decreased
May 14, 2024	Listed by KELLER WILLIAMS ELITE REALTORS	$740,000
Listed by KELLER WILLIAMS ELITE REALTORS
Dec 22, 2016	Sold to Plains Rfi Llc Pleasent	Premium
Sold to Plains Rfi Llc Pleasent
Jan 8, 2004	Sold to Andrea Ciecierski	Premium
Sold to Andrea Ciecierski

Property Highlights

Garage

Parking Details

Has Garage

Parking Features: Garage, Detached, 4(+)Car Parking

Garage Spaces: 2

Interior Details

Interior Features: Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room)

Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)

Rooms: 12

Basement: Full, Laundry Facilities

Exterior Details

Curbs, Porch(es) - Open, Yard

PropertySubType: 2 Family

Stories (Total): 2

Patio and Porch Features: Porch(es) - Open

Lot Size Area: 0.1607

Lot Size Acres: 0.1607

Parcel Number: 0700037000000031

Water Source: Public

Financial Details

Tax Annual Amount: $12,516

Tax Year: $2,018

Utilities Details

Utilities: Electricity Connected, Natural Gas Connected

Cooling Type: See Remarks

Heating Type: Radiators-Steam

Sewer : Public Sewer

Location Details

Community Features: Curbs

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Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Owner	Listed By
20240514 05/14/2024		Studio	-	-	$740,000 Studio -	$685,000 -7.43% 09/12/2024	-	Michael McDonald Keller Williams Elite
20220131 Unit 1 01/31/2022	1	2 Bed	1 Bath	-	$1,800 2 Bed 1 Bath	- -	-	Michael McDonald Keller Williams Elite
20190708 07/08/2019		Studio	-	-	$475,000 Studio -	- -	-	-