BEDS0
BATHS
SQUARE FEET2,745
MLS#NJUN2000616
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLELIZABETH PUBLIC SCHOOLS
Property Description
Savvy buyers and investors, prepare to be impressed by this absolute powerhouse of a property! Situated in Elizabeth’s highly desirable Elmora neighborhood, 421-423 Magie Avenue represents a rare, top-tier investment opportunity designed for maximum cash flow, incredible flexibility, and long-term appreciation. This is an expansive, high-value asset built to command excellent rental returns. The layout is designed to maximize space: the first unit offers a spacious 3-bedroom, 1-bathroom setup, while the second unit offers 3 large bedrooms and 2 full bathrooms, alongside a generously sized kitchen. Reaching even higher, the full attic features its own full bathroom, offering immense possibilities. The ground level boasting a full basement with multiple rooms, a utility area, a full bathroom, and direct, separate outdoor access from the front of the home. Outside, the property continues to deliver with a massive, beautifully paved backyard perfect for outdoor enjoyment, and a private driveway that solves all your parking needs. Located just moments from effortless NYC transit, local schools, and Elmora's vibrant shopping and dining district, this property is a dream for tenants and owners alike. Whether you are expanding your investment portfolio or looking to live in one unit while letting the other offset your expenses, this versatile, grand-scale home is an opportunity you cannot afford to miss. Opportunities of this caliber are few and far between—schedule your private tour today and secure this Elmora property!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Fully Finished
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Baseboard - Electric, Other
Lot Size: 0.27 Acres
Roof Type: Asphalt
Taxes: $11,925
Year Built: 1921
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 2
Exterior: Vinyl Siding
Lot Dimensions: 0.27 Acre(S)
Municipality: ELIZABETH CITY
Sewer: Public Sewer
Structure Type: Detached
Three Bedroom Units: 2
Total Garage/Parking Spaces: 5
Units: 1
Utilities: Under Ground
Water: Public
Local Schools
School District: ELIZABETH PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty West Monmouth
Agency Phone: 7325369010
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,122.07 per month $1,881.72 Principal & Interest $993.75 Property Tax $246.60 Homeowner's InsuranceChange Payment Information
421-423 Magie Avenue | MLS# NJUN2000616
This multi-family property located at 421-423 Magie Avenue , Elizabeth, NJ 07208 is currently listed for sale with an asking price of $845,500. 421-423 Magie Avenue is located within the ELIZABETH PUBLIC SCHOOLS school district. Search Elizabeth real estate on www.realtymark.net today.