421 Magie Ave, Elizabeth, NJ 07208

$845,500
  • 421 Magie Ave, Elizabeth, NJ 07208 Main Photo

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New to the Market Active
BEDS7 BATHS5 full MLS#4040709
STATUS PROPERTY TYPEMulti Unit - Multiple

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, this property 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 bedrooms, 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 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. Schedule your private tour today and secure this Elmora property!

421 Magie Ave | MLS# 4040709

This multi-family property located at 421 Magie Ave, Elizabeth, NJ 07208 is currently listed for sale with an asking price of $845,500. Search Elizabeth real estate on mainlinemanny.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Cooling: See Remarks, Window A/C(s)
Fuel Type: Gas-Natural
Lot Size: 0.27 Acres
Roof Type: Asphalt Shingle
Taxes: $11,924
Year Built: 1921

Feature Descriptions

Days on Site: 2
Driveway: 2 Car Width, Driveway-Exclusive, See Remarks
Exterior: See Remarks, Vinyl Siding
Lot Dimensions: 0.27 acre(s)
Sewer: Public Sewer
Utilities: All Underground
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: KELLER WILLIAMS REALTY
Agency Contact: 732-536-9010

Shown By

Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark

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Estimated Payment

$ 3,121.99 per month $1,881.72 Principal & Interest $993.67 Property Tax $246.60 Homeowner's Insurance

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