1083-1085 Magnolia Avenue Elizabeth, NJ $ 800,000
1083-1085 Magnolia Avenue
$ 800,000
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1083-1085 Magnolia Avenue

Elizabeth, NJ, 07201
$ 800,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 5,051

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Multi-Family Home for sale in Elizabeth, NJ

for $800,000 with 8 bedrooms and 3 full baths.

Exceptional side-by-side two-family property offering an outstanding opportunity for investors and owner-occupants alike. Each spacious unit features 4 generously sized bedrooms, providing excellent rental income potential and flexible living arrangements. Each unit welcomes you with a spacious enclosed front porch, perfect for a sitting area, mudroom, or additional seasonal living space. One unit includes the convenience of an in-unit laundry. The property offers separate utilities, a full basement with abundant storage, and two expansive driveways with parking for approximately 10–15 vehicles—a rare and highly desirable feature in Elizabeth. The roof was replaced approximately one year ago, providing added value and peace of mind for the new owner. Ideally located near shopping, restaurants, schools, public transportation, major highways, and Newark Liberty International Airport, this property combines convenience with strong investment potential. Whether you’re looking to expand your real estate portfolio or live in one unit while generating income from the other, this well-maintained multifamily is a fantastic opportunity in a prime location.

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Multi-Family Active

Price

$ 800,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,470

Style

2 Family

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

26026634

Features
General
Utilities Electricity Connected Natural Gas Connected
Architectural Style 2 Family
Rooms None
County UNION
Property Type 2-4 Family
HOA N
Total Rooms 15
Full Baths 3
Status Active - Active
City Elizabeth
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 9470.0
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Sde/Sde
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Interior
Heating Y/N N
Half Baths 0
Laundry Features In Unit
Total Bedrooms 8
Total Baths 3
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* Excluded Features

Affordability Calculator

$5,840
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$789
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$800,000 Listed Price

Map


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1083-1085 Magnolia Avenue, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $800,000. 1083-1085 Magnolia Avenue has 8 bedrooms and 3.0 baths. The property's zip code is 07201 which is in Elizabeth, NJ