$749,999

612 Magnolia Ave, Elizabeth City, NJ 07206

  • 6 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Income-producing two-unit property in the heart of Elizabeth offering strong rental potential and long-term value. This well-maintained property features a total of 6 bedrooms and 3.5 bathrooms across two spacious units, providing excellent flexibility for investors or owner-occupants seeking rental income.The property currently generates approximately $5,200 per month in rent, making it a compelling opportunity to expand a real estate portfolio or offset monthly housing expenses. A finished attic and finished basement provide additional living space and potential for extended use (buyer to verify all permitted uses).Conveniently located near major transportation routes, shopping, dining, and everyday amenities, the property offers strong appeal for tenants and easy access for commuters.Whether you are looking to generate consistent rental income or occupy one unit while renting the other, this versatile property presents an excellent opportunity in a high-demand market. Schedule your showing today to explore the income potential this property has to offer.

Listing Status:
Active
Data Last Updated:
March 24, 2026 at 6:41AM
Listing Office:
RE/MAX FIRST REALTY II : 908-664-1500
MLS ID:
4007367
  • Basement: Finished
  • A/C: Central Air
  • Heating: Baseboard - ElectricGas-Natural
  • General: StuccoVinyl Siding
  • Parking: Parking spaces: 0
  • Roofing: Asphalt Shingle
  • County: Union
  • Driveway: On-Street Parking
  • Zoning: 2904-00630-0000-00018-0000-
  • Utilities: All Underground
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of RE/MAX FIRST REALTY II

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

John Marshal School #20

521 Magnolia Ave, Elizabethport, NJ, 07206

Grades PK-8

0.14 miles away

J

John Marshal School #20

521 Magnolia Ave, Elizabethport, NJ, 07206

Grades PK-8

0.14 miles away

E

Elizabeth High School

40 Morrell St, Elizabeth, NJ, 07201

Grades 9-12

0.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby