421-423 Magie Avenue, Elizabeth, NJ 07208 (MLS# 22621516)

421-423 Magie Avenue, Elizabeth, NJ 07208

New Listing

$845,500

Property Type: Multi-Family Square Footage: 2,745 Lot Size (sq. ft.): 11,761 Status: Active

Current Price: $845,500 List Date: 7/15/2026 Last Modified: 7/15/2026

Overview

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 bathroo

Supplements: , 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, thi ... (Read more)

Listing Details MLS# 22621516

Contract Info

List Price/SqFt: 308.01
Property Sub-Type: Duplex

Location

House Number: 421-423
Street Name: Magie
Street Suffix: Avenue
County: Union
Municipality: Elizabeth (ELI)
Postal City: Elizabeth
State: NJ
Zip Code: 07208
Area/Section: None
Complex/Subdivision: None
Directions: Westfield ave to Magie ave.

General Property Info

# Units in Bldg: 2
Apx SqFt: 2745
Apx Year Built: 1921
# Acres: 0.27
Lot Dimensions: 50 x 234
Garage: No
Pool: No
Waterfront: No
Waterview: No
Basement: Yes
# Car Garage: 0

Tax and Legal

Asmnt - Total: 591200
Deed Restricted: No
Taxes: 11925
Tax Year: 2025

Unit 1

# Bedrooms: 3
# Full Baths: Yes
Rent: 2700

Unit 2

# Bedrooms: 3
# Full Baths: 2
Rent: 2700

More Information

Zoning

Multi-Family: Yes

Showing

Showing Time: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Basement

Finished: Yes
Full: Yes

Cooling

Multi Units: Yes

Water Heater

Natural Gas: Yes

Heating

Baseboard: Yes

Exterior

Patio: Yes

Parking

See Remarks: Yes

Assessment Status

Assessed: Yes

Siding

Vinyl: Yes

Roof

Shingle: Yes

Property Features

Basement: Finished; Full Cooling: Multi Units Heating: Baseboard Water Heater: Natural Gas Exterior: Patio Siding: Vinyl Roof: Shingle Parking: See Remarks Zoning: Multi-Family Assessment Status: Assessed Showing: Showing Time

Listing Office: Keller Williams Realty West Monmouth

Listing Agent: Lara Jaber

Last Updated: July - 15 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.