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$ 845,500
Est. payment /mo
New
421-423 Magie Ave Elizabeth City, NJ 07208
7 Beds
5 Baths
2,745 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,745 sqft
Price per Sqft $308
MLS Listing ID 4040709
Style 2-Two Story, See Remarks
Bedrooms 7
Full Baths 5
Year Built 1921
Annual Tax Amount $11,924
Tax Year 2025
Lot Size 0.270 Acres
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, this property 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 bedrooms, 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 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. Schedule your private tour today and secure this Elmora property!
Location
State NJ
County Union
Rooms
Basement Finished, Full
Interior
Heating Gas-Natural
Cooling See Remarks, Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks, Vinyl Siding
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story, See Remarks
Others
Senior Community No
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Listed by KELLER WILLIAMS REALTY
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