$845,500

421-423 Magie Avenue, Elizabeth, NJ 07208

  • 5 baths |
  • 2,745 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $308/sqft
  • Property List Date Icon Listed 13 days ago

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!

Listing Status:
Active
Date Added:
July 15, 2026
Data Last Updated:
July 29, 2026 at 2:09AM
Listing Office:
KELLER WILLIAMS WEST MONMOUTH : 732-536-9010
Listing Agent:
LARA JABER :
MLS ID:
2700728R
  • General: Unit 1(3 BedroomsKitchen1 BathLiving Room)Unit 2(3 Bedrooms2+ Baths)
  • Appliances: Water Heater(See RemarksGas)
  • Basement: FullFinishedBath FullOther Room(s)Exterior EntryUtility Room
  • A/C: A/C Central - AllA/C Wall Unit(s)A/C Window Unit(s)
  • Heating: BaseboardCentralSee RemarksForced Air
  • General: Porch
  • Other Structures: Porch
  • Roofing: AsphaltSee Remarks
  • General: 3
  • Originating MLS: CJMLS API
  • County: Union
  • Zoning: Multi-Family0400160000000075
  • Utilities: Underground Utilities
  • Water: Public
  • Sewer: Public Sewer
  • Source: CJMLS API

This listing courtesy of LARA JABER , KELLER WILLIAMS WEST MONMOUTH

Monthly Payment

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

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