421-423 Magie AVE, Elizabeth, NJ 07208
421-423 Magie AVE, Elizabeth, NJ 07208
421-423 Magie AVE, Elizabeth, NJ 07208
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$845,500
Est. payment /mo
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2,745 SqFt
New

421-423 Magie AVE Elizabeth, NJ 07208

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Julissa Rengifo

Julissa Rengifo

+1(908) 377-4240

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,745 sqft

Price per Sqft $308

MLS Listing ID 2700728R

Year Built 1921

Annual Tax Amount $11,925

Tax Year 2025

Lot Dimensions 234.00 x 50.00

Property Sub-Type 2 Family

Source CJMLS API

Property Description

Savvy buyers and investors, prepare to be impressed by this absolute powerhouse of a property! Situated in Elizabeth's 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 is a game-changer, 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!

Location

State NJ

County Union

Zoning Multi-Family

Rooms

Basement Full, Finished, Bath Full, Other Room(s), Exterior Entry, Utility Room

Interior

Interior Features Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, 2+ Baths)

Heating Baseboard, Central, See Remarks, Forced Air

Cooling A/C Central - All, A/C Wall Unit(s), A/C Window Unit(s)

Appliance Water Heater(See Remarks, Gas)

Heat Source Natural Gas

Exterior

Exterior Feature Porch

Utilities Available Underground Utilities

Roof Type Asphalt,See Remarks

Porch Porch

Building

Lot Description Near Shopping, See Remarks

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0400160000000075

Ownership Fee Simple

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2700728R

Central Jersey MLS (CJMLS)
Listed by KELLER WILLIAMS WEST MONMOUTH

Nearby Locations

Julissa Rengifo

CONTACT US

Phone

+1(908) 377-4240

Address

Fanwood, NJ 07023, USA

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421-423 Magie AVE