421-423 Magie Avenue, Elizabeth NJ 07208, 2004 - Elizabeth, NJ 07208

$845,500
5
BA
2,745
SqFt

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List Price
$845,500
Status
ACTIVE
Days on Market
15
MLS#
2700728R
Subtype
Residential Income
Year Built
1921
Bathrooms
5
Living Area
2,745

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

Interior Features
Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,2+ Baths)
Exterior Features
Porch
Taxes
$11,925
Appliances
Water Heater(See Remarks,Gas)
Air Conditioning
A/C Central - All,A/C Wall Unit(s),A/C Window Unit(s)
Exterior Features
Porch
Stories
3
Levels
3
Roof
Asphalt, See Remarks

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Listing Courtesy Of KELLER WILLIAMS WEST MONMOUTH, Contact:

Listing courtesy of KELLER WILLIAMS WEST MONMOUTH. Contact:


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