Larry Levin, Realtor
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421-423 Magie Avenue , Elizabeth, NJ 07208

$845,500
  • 421-423 Magie Avenue , Elizabeth, NJ 07208 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET2,745 MLS#NJUN2000616
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLELIZABETH PUBLIC SCHOOLS

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 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 between—schedule your private tour today and secure this Elmora property!

421-423 Magie Avenue | MLS# NJUN2000616

This multi-family property located at 421-423 Magie Avenue , Elizabeth, NJ 07208 is currently listed for sale with an asking price of $845,500. 421-423 Magie Avenue is located within the ELIZABETH PUBLIC SCHOOLS school district. Search Elizabeth real estate on www.livelovephilly.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Fully Finished
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Baseboard - Electric, Other
Lot Size: 0.27 Acres
Roof Type: Asphalt
Taxes: $11,925
Year Built: 1921

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Days on Site: 2
Exterior: Vinyl Siding
Lot Dimensions: 0.27 Acre(S)
Municipality: ELIZABETH CITY
Sewer: Public Sewer
Structure Type: Detached
Three Bedroom Units: 2
Total Garage/Parking Spaces: 5
Units: 1
Utilities: Under Ground
Water: Public

Local Schools

School District: ELIZABETH PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty West Monmouth
Agency Phone: 7325369010

Shown By

Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark

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Estimated Payment

$ 3,122.07 per month $1,881.72 Principal & Interest $993.75 Property Tax $246.60 Homeowner's Insurance

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