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$ 780,000
Est. payment /mo
New
415 Magie Avenue Elizabeth, NJ 07208
6 Beds
3 Baths
2,760 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,760 sqft
Price per Sqft $282
Municipality Elizabeth (ELI)
MLS Listing ID 22621514
Bedrooms 6
Full Baths 3
Year Built 1915
Annual Tax Amount $10,589
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 35 x 150
Property Sub-Type Duplex
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
Attention savvy buyers and investors! This is your rare opportunity to own a powerhouse income-generating property right in the heart of Elizabeth's highly coveted Elmora neighborhood. Perfectly positioned for maximum rental demand, this standout two-family home delivers incredible value, cash flow potential, and long-term appreciation at an unbeatable price point. The property features two spacious, light-filled units, each boasting a comfortable 3-bedroom, 1-bathroom layout. Adding massive value to the building is a versatile basement complete with its own full bathroom, offering excellent flexibility. Commuters will absolutely love the unbeatable location, situated just moments from easy NYC transportation, making transit a breeze. Nestled near highly regarded local schools, shopping, and dining, this property is positioned in a vibrant, high-demand rental market.
Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not last long-schedule your tour today and secure your next great investment before it's gone!
Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not last long-schedule your tour today and secure your next great investment before it's gone!
Location
State NJ
County Union
Area None
Building/Complex Name None
Direction Westfield Ave to Magie Ave.
Rooms
Basement Finished, Full, Heated
Interior
Heating See Remarks, Baseboard
Cooling Multi Units
Exterior
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 04-00160-0000-00073
Listed by Keller Williams Realty West Monmouth