About 421-423 Magie Avenue
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!
Features of 421-423 Magie Avenue
| MLS® # | 2700728R |
|---|---|
| Price | $845,500 |
| Square Footage | 2,745 |
| Year Built | 1921 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Under Contract |
Community Information
| Address | 421-423 Magie Avenue |
|---|---|
| City | Elizabeth |
| County | Union |
| State | NJ |
| Zip Code | 07208 |
Amenities
| Utilities | Underground Utilities |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,2+ Baths) |
|---|---|
| Appliances | Water Heater(See Remarks,Gas) |
| Heating | Baseboard, Central, See Remarks, Forced Air |
| Cooling | A/C Central - All,A/C Wall Unit(s),A/C Window Unit(s) |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full, Finished, Bath Full, Other Room(s), Exterior Entry, Utility Room |
Exterior
| Exterior Features | Porch |
|---|---|
| Lot Description | Near Shopping, See Remarks |
| Roof | Asphalt, See Remarks |
Additional Information
| Days on Market | 29 |
|---|---|
| Zoning | Multi-Family |
Listing Details
| Office | KELLER WILLIAMS WEST MONMOUTH |
|---|