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

Elizabeth, NJ, 07208
$ 780,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,925

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

Multi-Family Home for sale in Elizabeth, NJ

for $780,000 with 6 bedrooms. This 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

Property Type

Multi-Family

Taxes

$ 10,589

Style

Lot Size

0.12

Year Built

1915

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

NJUN2000614

Features
General
Living Area 2760
Sewer Public Sewer
Heating Baseboard - Electric Other
Cooling Window Unit(s)
Utilities Under Ground
Possession Subject to Existing Lease Immediate
Roof Asphalt
Zoning MULTI-FAMILY
Architectural Style Other
Construction Materials Other Vinyl Siding
School District ELIZABETH PUBLIC SCHOOLS
Year Built 1915
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality ELIZABETH CITY
Section Elmora
Accessibility None
County UNION
New Construction N
Property Type Multi-Family
Subdivision Name ELMORA
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Westfield Ave to Magie Ave.
City ELIZABETH
Number Of Units Total 1
MLS Area Elizabeth City (22004)
Lot Size Units Square Feet
Lot Size Square Feet 5249.00
Tax Annual Amount 10589.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 282.61
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00073
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Interior
Heating Fuel Electric Natural Gas
Basement Full Fully Finished
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking Driveway
Foundation Details Other
Water View Y/N N
Lot Dimensions 35.00 x 150.00
Lot Size Acres 0.12
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 172600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 415
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* Excluded Features
List By
Keller Williams Realty West Monmouth

Broker

michael.lamie@kw.com

Email

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
5492942 Elementary School
5492941 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$780,000 Listed Price

Map


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415 Magie Avenue, Elizabeth, NJ, 07208 is a Multi-Family Home for sale at $780,000 with a lot size of 0.12. 415 Magie Avenue has 6 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 07208 which is in Elizabeth, NJ