415 Magie Ave Elizabeth, NJ $ 780,000
415 Magie Ave
$ 780,000
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415 Magie Ave

Elizabeth, NJ, 07208
$ 780,000
Bedrooms6 Baths3.0 Sq 2,760

Monthly Estimate*

$ 4,925

415 Magie Ave, Elizabeth, NJ 07208 - Image 1
415 Magie Ave, Elizabeth, NJ 07208 - Image 2
415 Magie Ave, Elizabeth, NJ 07208 - Image 3

Multi-Family Home for sale in Elizabeth, NJ

for $780,000 with 6 bedrooms and 3 full baths. This 2,760 square foot home was built in 1915 on a lot size of 0.12.

Attention savvy buyers and investors! This is your rare opportunity to own a powerhouse income-generating property right in the heart of Elizabeth's highly coveted Elmora neighborhood. Perfectly positioned for maximum rental demand, this standout two-family home delivers incredible value, cash flow potential, and long-term appreciation at an unbeatable price point. The property features two spacious, light-filled units, each boasting a comfortable 3-bedroom, 1-bathroom layout. Adding massive value to the building is a versatile basement complete with its own full bathroom, offering excellent flexibility. Commuters will absolutely love the unbeatable location, situated just moments from easy NYC transportation, making transit a breeze. Nestled near highly regarded local schools, shopping, and dining, this property is positioned in a vibrant, high-demand rental market.Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not last long-schedule your tour today and secure your next great investment before it's gone!

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Multi-Family Active

Price

$ 780,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,589

Style

2-Two Story

Lot Size

0.12

Year Built

1915

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4040707

Features
General
Sewer Public Sewer
Heating 2 Units Baseboard - Electric
Cooling Window A/C(s)
Utilities All Underground
Possession At Closing
Roof Asphalt Shingle
Water Heater Gas
Zoning Multi-Family
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1915
Township Elizabeth City
Tax Year 2025
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Subdivision Name Elmora
Total Rooms 13
Full Baths 3
Status Active
Directions Westfield Ave to Magie Ave.
Open Parking Spaces 6
Number Of Units Total 2
Tax Annual Amount 10589
Drive 2 Car Width Driveway-Exclusive See Remarks
Standard Status Active
Tax Assessed Value 525000
Town # 2904
Tax Lot 73
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Interior
Basement Finished Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 2760
Lot Dimensions 35X150
Lot Size Acres 0.12
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* Excluded Features
List By
MICHAEL LAMIE

Listing Agent

Keller Williams Realty

Broker

Affordability Calculator

$5,807
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,925
Monthly Property Taxes
$882
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/15/2026$780,000 Listed Price

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415 Magie Ave, Elizabeth, NJ, 07208 is a Multi-Family Home for sale at $780,000 with 2,760 sqft and a lot size of 0.12. 415 Magie Ave has 6 bedrooms, 3.0 baths, and was built in 1915. The property's zip code is 07208 which is in Elizabeth, NJ