421-423 Magie Avenue
Elizabeth, NJ 07208
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Bed
0
Bath
0.27Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Finished, Full -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Multi Units
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Building Information
Year Built: 1921 Building Area Total: 2745 Patio And Porch Features: Patio Private Pool: No
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Lot Information
Lot Dimensions: 50 x 234 Main Square Feet: 0.27 Acres Lot Size Acres: 0.27 Lot Size Square Feet: 11761.2Property Information
Subdivision: None Source Property Type: Residential Income MLS Area Minor: Elizabeth (ELI) Zoning Description: Multi-Family Property SubType: Duplex Property Age: 105
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Listing Price Information
Listing Price: $845500 FHA, Cash, Conventional
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Tax Information
Parcel Number: 04-00160-0000-00075 Tax Lot: 75 Tax Block: 160 Tax Year: 2025 Annual Tax: $11925
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Parking Information
See Remarks
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Location Information
Direction: Westfield ave to Magie ave. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 415 Magie Avenue, Elizabeth, NJ, 07208 | $780,000 | 6 | 3 | -- | |
| 415 Magie Avenue, Elizabeth, NJ, 07208 | $780,000 | 6 | -- | 2,760 | 2,760 SqFt |
| 415 Magie Avenue, Elizabeth, NJ, 07208 | $780,000 | -- | 3 | 2,760 | 2,760 SqFt |
| 421-423 Magie Avenue, Elizabeth, NJ, 07208 | $845,500 | 6 | -- | 2,745 | 2,745 SqFt |
| 421-423 Magie Avenue, Elizabeth, NJ, 07208 | $845,500 | -- | 5 | 2,745 | 2,745 SqFt |
| 700-702 Park Avenue, Elizabeth, NJ, 07208 | $1,300,000 | 6 | 5 | -- | |
| 700-702 Park Avenue, Elizabeth, NJ, 07208 | $1,300,000 | -- | 5 | 5,328 | 5,328 SqFt |
| 700-702 Park Avenue, Elizabeth, NJ, 07208 | $1,300,000 | 6 | -- | 5,328 | 5,328 SqFt |
Similar Multifamily To 421-423 Magie Avenue
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
ByOwner last updated this listing 07/18/2026 @ 14:26
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