-421-423 Magie Avenue, Elizabeth, NJ 07208

Elizabeth
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
-421-423 Magie Avenue,Elizabeth, NJ 07208
$845,500
Virtual Tour
  • - Beds
  • 5 Baths
  • 2,745 sq. ft.
  • Multi-family
  • Active
Listed by: michael lamie
Office: keller williams west monmouth
MLS#:2700728R
Source:NJ_MCMLS

Price summary

  • Price:$845,500
  • Price per sq. ft.:$308.01

About this home

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 is a game-changer, 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...

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Home facts

  • Year built:1921
  • Listing ID #:2700728R
  • Added:71 day(s) ago
  • Updated:September 24, 2026 at 03:54 PM

Rooms and interior

  • Total bathrooms:5
  • Rooms Total:13
  • Kitchen Description:Kitchen
  • Basement Description:Bath Full, Exterior Entry, Finished, Full, Other Room(s), Utility Room
  • Living area:2,745 sq. ft.

Heating and cooling

  • Cooling:A/C Central - All, A/C Wall Unit(s), A/C Window Unit(s)
  • Heating:Baseboard, Central, Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1921
  • Building area:2,745 sq. ft.
  • Lot Features:Near Shopping
  • Exterior Features:Porch
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$845,500
  • Price per sq. ft.:$308.01
  • Tax amount:$11,925
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