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242 Magnolia Ave Elizabeth, NJ $ 597,000
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$ 597,000 Get more info
242 Magnolia Ave
$ 597,000
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242 Magnolia Ave

Elizabeth, NJ, 07206
$ 597,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 3,770

​

Multi-Family Home for sale in Elizabeth, NJ

for $597,000 with 6 bedrooms and 2 full baths. This home was built in 1900 on a lot size of 0.06.

Why pay rent when you can pay yourself, or why not invest in this two unit building with 3 bedrooms, full bathroom, eat-in-kitchen, living-room in each unit. Spacious backyard perfect for relaxing or entertaining. Near public schools, transportation, shopping, Elizabeth Marina, Jersey Gardens Mall, Newark International Airport, easy access to major highways, proximity to New York City.

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Multi-Family Active

Price

$ 597,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,049

Style

2-Two Story

Lot Size

0.06

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4044837
Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession at closing
Roof Composition Shingle
Water Heater Electric
Garage Spaces 0
Architectural Style 2-Two Story
Exclusions Tenant contents
Year Built 1900
Township Elizabeth City
Tax Year 2025
Gross Income 999
County Union
Net Operating Income 999
Operating Expense 999
Total Rooms 10
Full Baths 2
Status Active
Directions 3rd St to Magnolia Ave
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 8049
Drive None
Standard Status Active
Tax Assessed Value 399100
Town # 2904
Tax Lot 9
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Interior
Basement Full Unfinished
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
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
ALEXANDRA CORTICADA

Listing Agent

Exit Realty Lucky Associates

Broker

Affordability Calculator

$4,440
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,770
Monthly Property Taxes
$671
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/4/2026$597,000 Listed Price

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242 Magnolia Ave, Elizabeth, NJ, 07206 is a Multi-Family Home for sale at $597,000 with a lot size of 0.06. 242 Magnolia Ave has 6 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 07206 which is in Elizabeth, NJ

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