612 Magnolia Ave Elizabeth, NJ $ 749,999
612 Magnolia Ave
$ 749,999
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612 Magnolia Ave

Elizabeth, NJ, 07206
$ 749,999
Bedrooms6 Baths3.1

Monthly Estimate*

$ 4,618

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Multi-Family Home for sale in Elizabeth, NJ

for $749,999 with 6 bedrooms and 3 full baths, 1 half bath. This home was built in 1700 on a lot size of 0.06.

Income-producing two-unit property in the heart of Elizabeth offering strong rental potential and long-term value. This well-maintained property features a total of 6 bedrooms and 3.5 bathrooms across two spacious units, providing excellent flexibility for investors or owner-occupants seeking rental income.The property currently generates approximately $5,200 per month in rent, making it a compelling opportunity to expand a real estate portfolio or offset monthly housing expenses. A finished attic and finished basement provide additional living space and potential for extended use (buyer to verify all permitted uses).Conveniently located near major transportation routes, shopping, dining, and everyday amenities, the property offers strong appeal for tenants and easy access for commuters.Whether you are looking to generate consistent rental income or occupy one unit while renting the other, this versatile property presents an excellent opportunity in a high-demand market. Schedule your showing today to explore the income potential this property has to offer.

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Multi-Family Active

Price

$ 749,999

Bedrooms

6

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 9,341

Style

3-Three Story

Lot Size

0.06

Year Built

1700

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4007367

Features
General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Central Air
Utilities All Underground
Possession immediately
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1700
Township Elizabeth City
Tax Year 2024
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Total Rooms 12
Full Baths 3
Status Active
Directions From 1st Avenue make a left onto 6th Street and then make a left on Magnolia Ave.
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 9341
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 485500
Town # 2904
Tax Lot 18
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Interior
Basement Finished
Unit 1 Baths Total 1.5
Unit 1 Beds Total 2
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Stucco Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
MONIQUE DIXON

Listing Agent

Re/Max First Realty Ii

Broker

agent00monique@gmail.com

Email

Affordability Calculator

$5,396
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,618
Monthly Property Taxes
$778
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/26/2026$749,999 -3.23% Price Down
1/30/2026$775,000 Listed Price

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612 Magnolia Ave, Elizabeth, NJ, 07206 is a Multi-Family Home for sale at $749,999 with a lot size of 0.06. 612 Magnolia Ave has 6 bedrooms, 3.1 baths, and was built in 1700. The property's zip code is 07206 which is in Elizabeth, NJ