415 Magie Ave, Elizabeth, NJ 07208

$780,000
2,760
SqFt

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List Price
$780,000
Days on Market
14
Status
ACTIVE
MLS#
NJUN2000614
Living Area
2,760
Lot Size (Acres)
0.12
Style
Other
Year Built
1915
County
Union
School District
Elizabeth Public Schools

Property 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, 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 last long-schedule your tour today and secure your next great investment before it's gone!

Additional Information

Area
Elizabeth City (22004)
Subdivision
Elmora
Taxes
$10589
School District
Elizabeth Public Schools
Heating
Baseboard - Electric, Other
Heating Fuel
Electric, Natural Gas
Cooling
Window Unit(s)
Roof
Asphalt
Utilities
Under Ground
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty West Monmouth. Contact: 7325369010