421 421-423 Magie Ave

Elizabeth, NJ 07208
  • $845,500

    Price
  • 6

    Bed
  • 3

    Bath
  • 2,745

    SqFt

About the Listing KWRLTYWM - 3336177,12345

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!

Listing Highlights

Status Active
Days on Site 20
Property Type Multi-Family
MLS ® NJUN2000616
Year Built 1921
Total Square Footage 2,745
Lot/Acreage 0.27

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Baseboard - Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2745
  • Below Ground Sq Ft: 0
  • Basement: Full,Fully Finished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Lot Dimensions: 50.00 x 234.00
  • Zoning: MULTI-FAMILY
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $11,925
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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Questions About..

421 421-423 Magie Ave Elizabeth, NJ 07208

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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