248 Magnolia Ave Elizabeth, NJ ^$ 790,000

248 Magnolia Ave

^$ 790,000

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248 Magnolia Ave

Elizabeth, NJ, 07206

^$ 790,000

Bedrooms7 Baths5.4

Monthly Estimate*

^$ 4,929

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Multi-Family Home for sale in Elizabeth, NJ

for $790,000 with 7 bedrooms and 5 full baths, 4 half baths. This home was built in 2004 on a lot size of 0.06.

Welcome to this beautiful, charming, clean and well-maintained two family home in an appealing neighborhood. With renovated units and a fully finished basement, this home awaits you. Large bedrooms with natural flow of light, add peaceful vibes and comfortability. Investors delight!!!

Multi-Family Pending

Price

^$ 790,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 10,907

Style

2-Two Story

Lot Size

0.06

Year Built

2004

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3955713

Features

General

Sewer Public Sewer

Heating 2 Units See Remarks

Cooling Central Air See Remarks

Utilities Gas-Natural

Possession AT CLOSING

Roof Asphalt Shingle

Garage Spaces 1

Architectural Style 2-Two Story

Year Built 2004

Garage Attached Garage Garage Parking

Township Elizabeth City

Tax Year 2024

Gross Income 9999

County Union

Net Operating Income 9999

Operating Expense 9999

Total Rooms 12

Full Baths 5

Status Under Contract

Directions ELIZABETH ave. to 3rd Ave to MAGNOLIA ave

Open Parking Spaces 2

Number Of Units Total 2

Tax Annual Amount 10907

Drive 1 Car Width

Standard Status Under Contract

Tax Assessed Value 566900

Town # 2904

Tax Lot 6

Interior

Basement Full

Unit 1 Baths Total 2.0

Unit 1 Beds Total 3

Unit 2 Baths Total 2.0

Unit 2 Beds Total 3

Fuel Type Gas-Natural

Half Baths 4

Total Bedrooms 7

Exterior

Water Source Public Water

Exterior Description Stucco Vinyl Siding

Lot Dimensions 25X100

Lot Size Acres 0.06

* Excluded Features

List By

SHAMEKA NORTON

Listing Agent

More Homes Realty, Llc

Broker

Affordability Calculator

$5,837

Per Month

Monthly Principal & Interest: $4,929
Monthly Property Taxes: $909
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Elizabeth, NJ

Average List Price ^$777,645

Percent of Sale Price 2%

About Elizabeth, NJ

129,831 Population

8% Since 2002

^$46,469 Median Income

36.09 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/5/2025	$790,000	-1.25%	Price Down
11/5/2025	$800,000	-4.76%	Price Down
8/12/2025	$840,000	-1.18%	Price Down
4/8/2025	$850,000		Listed Price

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248 Magnolia Ave, Elizabeth, NJ, 07206 is a Multi-Family Home for sale at $790,000 with a lot size of 0.06. 248 Magnolia Ave has 7 bedrooms, 5.4 baths, and was built in 2004. The property's zip code is 07206 which is in Elizabeth, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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248 Magnolia Ave

Multi-Family Home for sale in Elizabeth, NJ

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