About 415 Magie Avenue
Attention savvy buyers and investors! This is your rare opportunity to own a powerhouse income-generating property right in the heart of Elizabeth's highly coveted Elmora neighborhood. Perfectly positioned for maximum rental demand, this standout two-family home delivers incredible value, cash flow potential, and long-term appreciation at an unbeatable price point. The property features two spacious, light-filled units, each boasting a comfortable 3-bedroom, 1-bathroom layout. Adding massive value to the building is a versatile basement complete with its own full bathroom, offering excellent flexibility. Commuters will absolutely love the unbeatable location, situated just moments from easy NYC transportation, making transit a breeze. Nestled near highly regarded local schools, shopping, and dining, this property is positioned in a vibrant, high-demand rental market. Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not last long-schedule your tour today and secure your next great investment before it's gone!
Features of 415 Magie Avenue
| MLS® # | 2700711R |
|---|---|
| Price | $780,000 |
| Square Footage | 2,760 |
| Year Built | 1915 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Active |
Community Information
| Address | 415 Magie Avenue |
|---|---|
| Subdivision | Elmora |
| City | Elizabeth |
| County | Union |
| State | NJ |
| Zip Code | 07208 |
Amenities
| Utilities | Underground Utilities |
|---|---|
| Parking | 4(+)Car Parking, See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room) |
|---|---|
| Appliances | Water Heater(See Remarks,Gas), Unit 1(Range/Oven), Unit 2(Range/Oven) |
| Heating | Baseboard, See Remarks |
| Cooling | A/C Window Unit(s),See Remarks |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Finished, Bath Full |
Exterior
| Lot Description | Near Shopping, See Remarks |
|---|---|
| Roof | Asphalt |
Additional Information
| Days on Market | 41 |
|---|
Listing Details
| Office | KELLER WILLIAMS WEST MONMOUTH |
|---|