421-423 Magie Avenue, Elizabeth NJ 07208, 2004 - Elizabeth, NJ 07208
- $845,500
- 5
- BA
- 2,745
- SqFt
- List Price
- $845,500
- Days on Market
- 18
- Status
- ACTIVE
- MLS#
- 2700728R
- Bathrooms
- 5
- Living Area
- 2,745
- Year Built
- 1921
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 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 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 betweenschedule your private tour today and secure this Elmora property!
Additional Information
- Area
- 2004 - Elizabeth
- Basement Desc
- Full, Finished, Bath Full, Other Room(s), Exterior Entry, Utility Room
- Utilities
- Underground Utilities
- Taxes
- $11,925
- Exterior
- Porch
- Lot Description
- Near Shopping, See Remarks
- Water
- Public
- Basement
- Yes
- Levels
- 3
- Heat Fuel
- Baseboard, Central, See Remarks, Forced Air
- Cooling
- A/C Central - All,A/C Wall Unit(s),A/C Window Unit(s)
- Water Sewer
- Public Sewer
- Interior
- Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,2+ Baths)
- Rooms
- 13
- Roof
- Asphalt, See Remarks
- Stories
- 3
- Show Address
- Yes
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Listing courtesy of KELLER WILLIAMS WEST MONMOUTH.
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