421-423 Magie Ave, Elizabeth, NJ 07208

$845,500
2,745
SqFt

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List Price
$845,500
Days on Market
14
Status
ACTIVE
MLS#
NJUN2000616
Living Area
2,745
Lot Size (Acres)
0.27
Style
Other
Year Built
1921
County
Union
School District
Elizabeth 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!

Additional Information

Area
Elizabeth City (22004)
Taxes
$11925
School District
Elizabeth Public Schools
Heating
Baseboard - Electric, Other
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Roof
Asphalt
Utilities
Under Ground
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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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