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415 Magie Avenue, Elizabeth, NJ 07208

$780,000

Property Type: Multi-Family Bedrooms: 6 Baths: 3 Square Footage: 2,760 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $780,000 List Date: 7/15/2026 Last Modified: 8/26/2026

Overview

Description

Attention savvy buyers and investors! This is your rare opportunity to own a powerhouse income-generating property right in the heart of Elizabeth's highly coveted Elmora neighborhood. Perfectly positioned for maximum rental demand, this standout two-family home delivers incredible value, cash flow potential, and long-term appreciation at an unbeatable price point. The property features two spacious, light-filled units, each boasting a comfortable 3-bedroom, 1-bathroom layout. Adding massive value to the building is a versatile basement complete with its own full bathroom, offering excellent flexibility. Commuters will absolutely love the unbeatable location, situated just moments from easy NYC transportation, making transit a breeze. Nestled near highly regarded local schools, shopping,

Supplements: and dining, this property is positioned in a vibrant, high-demand rental market. Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not ... (Read more)

Open Houses

Sunday, August 30, 11:00 am - 1:00 pm

Listing Details MLS# 22621514

Contract Info

List Price/SqFt: 282.61
Property Sub-Type: Duplex

Location

House Number: 415
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
Full Baths: 3
Total Baths: 3
Apx SqFt: 2760
Apx Year Built: 1915
# Acres: 0.12
Lot Dimensions: 35 x 150
Garage: No
Pool: No
Waterfront: No
Waterview: No

Tax and Legal

Asmnt - Total: 525000
Deed Restricted: No
Taxes: 10589
Tax Year: 2025

Unit 1

# Bedrooms: 3
# Full Baths: Yes
Rent: 2300

Unit 2

# Bedrooms: 3
# Full Baths: Yes
Rent: 3382

More Information

Property Features

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

Listing Office: Keller Williams Realty West Monmouth

Listing Agent: Lara Jaber

Last Updated: August - 26 - 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.