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1041 Magnolia Ave Elizabeth, NJ $ 485,000
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$ 485,000 Get more info
1041 Magnolia Ave
$ 485,000
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1041 Magnolia Ave

Elizabeth, NJ, 07201
$ 485,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 2,986

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Multi-Family Home for sale in Elizabeth, NJ

for $485,000 with 4 bedrooms and 2 full baths. The lot size is 0.06.

Well-maintained 2-family property in a convenient Elizabeth location. Fully renovated in 2019 with major upgrades throughout, including all new plumbing, electric and new roof, plywood, newer boilers and hot water heaters, also brand-new flooring. Both units feature stainless steel appliances. The first-floor unit will be delivered vacant, offering flexibility for an owner-occupant or new tenant. The second-floor unit is rented to long-term tenants paying $1,715/month. Additional features include a walk-up attic with substantial storage space and potential for future expansion, plus a security camera system already in place.Solid building with updated systems and low immediate capital needs.

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Multi-Family Active

Price

$ 485,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,297

Style

2-Two Story

Lot Size

0.06

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4025921
Features
Interior
Interior Amenities Fire Extinguisher Smoke Detector Tile Floors Vinyl-Linoleum Floors
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 4
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General
Sewer Public Sewer
Heating 2 Units Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession ASAP
Roof Asphalt Shingle
Water Heater Gas
Zoning R2
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 9999
Garage None
Township Elizabeth City
Tax Year 2025
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Subdivision Name North avenue section
Total Rooms 8
Full Baths 2
Status Active
Directions Catherine st to Magnolia or Route 1&9 South to Magnolia
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 7297
Home Warranty Y/N No
Drive None
Standard Status Active
Tax Assessed Value 361800
Town # 2904
Tax Lot 36
Farm Assessment No
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Exterior
Exterior Amenities Metal Fence Wood Fence
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 24X115
Lot Size Acres 0.06
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* Excluded Features
List By
ANTONIO COSTA

Listing Agent

Exit Realty Lucky Associates

Broker

tcostaexitrealty@aol.com

Email

Affordability Calculator

$3,594
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
$608
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2026$485,000 Listed Price

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1041 Magnolia Ave, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $485,000 with a lot size of 0.06. 1041 Magnolia Ave has 4 bedrooms and 2.0 baths. The property's zip code is 07201 which is in Elizabeth, NJ

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