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$845,500
Est. payment /mo
2,745 SqFt
New
421423 Magie Avenue Elizabeth, NJ 07208
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,745 sqft
Price per Sqft $308
Municipality Elizabeth (ELI)
MLS Listing ID 22621516
Year Built 1921
Annual Tax Amount $11,925
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 50 x 234
Property Sub-Type Duplex
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
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 boasting a full basement with multiple rooms, a utility area, a full bathroo , 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 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 between-schedule your private tour today and secure this Elmora property!
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 bathroo , 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 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 between-schedule your private tour today and secure this Elmora property!
Location
State NJ
County Union
Area None
Building/Complex Name None
Direction Westfield ave to Magie ave.
Rooms
Basement Finished, Full
Interior
Heating Baseboard
Cooling Multi Units
Exterior
Parking Features See Remarks
Roof Type Shingle
Porch Patio
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 04-00160-0000-00075

Listed by Keller Williams Realty West Monmouth
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