421-423 Magie Avenue Elizabeth, NJ $ 845,500
421-423 Magie Avenue
$ 845,500
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421-423 Magie Avenue

Elizabeth, NJ, 07208
$ 845,500
Bedrooms6 Baths0.0

Monthly Estimate*

$ 5,339

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Multi-Family Home for sale in Elizabeth, NJ

for $845,500 with 6 bedrooms. This home was built in 1921 on a lot size of 0.27.

Savvy buyers and investors, prepare to be impressed by this absolute powerhouse of a property! Situated in Elizabeths highly desirable Elmora neighborhood, 421-423 Magie Avenue represents a rare, top-tier investment opportunity designed for maximum cash flow, incredible flexibility, and long-term appreciation. This is an expansive, high-value asset built to command excellent rental returns. The layout is designed to maximize space: the first unit offers a spacious 3-bedroom, 1-bathroom setup, while the second unit offers 3 large bedrooms and 2 full bathrooms, alongside a generously sized kitchen. Reaching even higher, the full attic features its own full bathroom, offering immense possibilities. The ground level boasting a full basement with multiple rooms, a utility area, a full bathroom, and direct, separate outdoor access from the front of the home. Outside, the property continues to deliver with a massive, beautifully paved backyard perfect for outdoor enjoyment, and a private driveway that solves all your parking needs. Located just moments from effortless NYC transit, local schools, and Elmora's vibrant shopping and dining district, this property is a dream for tenants and owners alike. Whether you are expanding your investment portfolio or looking to live in one unit while letting the other offset your expenses, this versatile, grand-scale home is an opportunity you cannot afford to miss. Opportunities of this caliber are few and far betweenschedule your private tour today and secure this Elmora property!

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Multi-Family Active

Price

$ 845,500

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 11,925

Style

Lot Size

0.27

Year Built

1921

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

NJUN2000616

Features
General
Living Area 2745
Sewer Public Sewer
Heating Baseboard - Electric Other
Cooling Window Unit(s)
Utilities Under Ground
Possession Immediate Subject to Existing Lease
Roof Asphalt
Zoning MULTI-FAMILY
Architectural Style Other
Construction Materials Vinyl Siding
School District ELIZABETH PUBLIC SCHOOLS
Year Built 1921
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Other
Municipality ELIZABETH CITY
Section Elmora
Accessibility None
County UNION
New Construction N
Property Type Multi-Family
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 11700.00
Tax Annual Amount 11925.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 308.01
Acceptable Financing Cash Conventional FHA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00075
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Interior
Heating Fuel Natural Gas
Basement Full Fully Finished
Hot Water Natural Gas Multi-tank
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 50.00 x 234.00
Lot Size Acres 0.27
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 241300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 421
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* Excluded Features
List By
Keller Williams Realty West Monmouth

Broker

michael.lamie@kw.com

Email

Affordability Calculator

$6,332
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,339
Monthly Property Taxes
$994
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$845,500 Listed Price

Map


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421-423 Magie Avenue, Elizabeth, NJ, 07208 is a Multi-Family Home for sale at $845,500 with a lot size of 0.27. 421-423 Magie Avenue has 6 bedrooms, 0.0 baths, and was built in 1921. The property's zip code is 07208 which is in Elizabeth, NJ