1083 Magnolia Ave Elizabeth, NJ $ 800,000
1083 Magnolia Ave
$ 800,000
Recently Listed
Open House 7/18 12pm - 3pm
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1083 Magnolia Ave

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. This home was built in 1900 on a lot size of 0.11.

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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Open House

7/18/2026 12:00 PM - 3:00 PM
1083 Magnolia Ave Elizabeth, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 800,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,469

Style

3-Three Story, Duplex-Side by Side

Lot Size

0.11

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4041019

Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater Floor/Wall Heater Multi-Zone
Cooling Wall A/C Unit(s)
Utilities Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Water Heater Gas
Architectural Style 3-Three Story Duplex-Side by Side
Year Built 1900
Township Elizabeth City
Tax Year 2025
Gross Income 2800
County Union
Net Operating Income 2800
Operating Expense 1000
Total Rooms 15
Full Baths 3
Status Active
Directions From US-1&9 take Magnolia Ave to 1083 1085 Magnolia Ave.
Open Parking Spaces 4
Number Of Units Total 2
Tax Annual Amount 9469
Drive Blacktop Driveway-Exclusive Off-Street Parking Parking Lot-Exclusive See Remarks
Standard Status Active
Tax Assessed Value 469500
Town # 2904
Tax Lot 40
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Interior
Basement Full Unfinished
Unit 1 Baths Total 2.0
Unit 1 Beds Total 4
Unit 2 Baths Total 1.0
Unit 2 Beds Total 4
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 48.15X100
Lot Size Acres 0.11
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* Excluded Features
List By
NOHELYS LUGO

Listing Agent

Coldwell Banker Realty

Broker

nohelyslugo@gmail.com

Email

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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$800,000 Listed Price

Map


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1083 Magnolia Ave, Elizabeth, NJ, 07201 is a Multi-Family Home for sale at $800,000 with a lot size of 0.11. 1083 Magnolia Ave has 8 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07201 which is in Elizabeth, NJ