421-423 Magie Avenue Elizabeth, NJ 07208
Listing Courtesy of: BRIGHT IDX / Listed By: Keller Williams Realty West Monmouth / Moxiworks LLC. Headquarters

  421-423 Magie Avenue Elizabeth, NJ 07208

Pending (37 Days)
$845,500 (USD)

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!

MLS #:
NJUN2000616
Taxes
$11,925(2025)
Lot Size
0.27 acres
Type
Multifamily
Year Built
1921
Style
Other
School District
Elizabeth Public Schools
County
Union County

Listed By

Michael Lamie, Keller Williams Realty West Monmouth
Rise Tester, Moxiworks LLC. Headquarters
Source
BRIGHT IDX
Last checked Aug 27 2026 at 1:10 AM PDT
Bathroom Details
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Other
Heating and Cooling
  • Other
  • Baseboard - Electric
  • Window Unit(s)
Basement Information
  • Fully Finished
  • Full
Exterior Features
  • Vinyl Siding
  • Roof: Asphalt
Utility Information
  • Utilities: Under Ground
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Living Area
  • 2,745 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by moxi and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 8/26/26 18:10