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  • Price cut: $20K (6/16)
    $629,900

    148 Magnolia Ave, Elizabeth City, NJ 07206

    5beds
    1,970sqft
    : 
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    Multi Family
    Built in 1989
    -- sqft lot
    $-- Zestimate®
    $320/sqft
    $-- HOA

    What's special

    Generously proportioned roomsAmple storage
    Built in 1989, this 2 family property is in great condition and located in prime section of Elizabeth. Buy for investment OR you can live in one unit and rent the other. Each distinct, light-filled unit boasts generously proportioned rooms with ample storage.1st floor boasts 2 bedrooms, 1 full bath, eat in kitchen with dinette area, large living room with plenty of closets for storage. 2nd floor was newly painted and has new flooring throughout,is VACANT and has 3 bedrooms, 1 full bath, eat in kitchen and also has large living room with storage a plenty! Well-cared-for and maintained, situated in heart of Elizabeth near shopping, waterfront, train to NYC and bus line, houses of worship and schools. Each unit has a sectioned off deck great for entertainment and summer fun. Features separate utilities and attached 1 car garage with alot of storage and driveway parking for 1 car. Independent utilities for effortless management. Schedule your showing today! Front Gate will be removed. Deck will be painted.
    20 days
    |
    508
    |
    21
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    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Andrade 908-514-4105,

    Samsel & Associates

    Source: GSMLS,MLS#: 4034745MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • 2 Units, Baseboard - Hotwater, Natural Gas
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Range/Oven - Gas, Water Heater From Furnace
      Features
      • Bedrooms, Eat-in Kitchen, Living/Dining Room, Eat-In Kitchen
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 1,970
      • Total interior livable area: 1,970 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Car Width, Asphalt, Attached Garage, Garage
      • Attached garage spaces: 1
      • Uncovered spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Porch
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 100
      Details
      • Parcel number: 2904008060000000070000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1989

      Utilities & green energy

      • Sewer: Public Available
      • Water: Public
      • Utilities for property: Underground Utilities, Garbage Included

      Community & HOA

      Location
      • Region: Elizabeth

      Financial & listing details

      • Price per square foot: $320/sqft
      • Tax assessed value: $536,400
      • Annual tax amount: $10,819
      • Date on market: 6/16/2026
      • Exclusions: Tenants Refrigerator (2)
      • Total actual rent: 1950
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/16/2026Price change$629,900-3.1%$320/sqft
        Source: GSMLS #4034745 Report a problem
        5/1/2026Listed for sale$649,900$330/sqft
        Source: All Jersey MLS #2661843M Report a problem
        4/29/2026Listing removed$649,900$330/sqft
        Source: All Jersey MLS #2661400M Report a problem
        3/17/2026Price change$649,900-4.4%$330/sqft
        Source: GSMLS #4012513 Report a problem
        3/4/2026Listed for sale$679,900+3.2%$345/sqft
        Source: All Jersey MLS #2661400M Report a problem
        4/17/2024Listing removed--
        Source: GSMLS #3869944 Report a problem
        11/9/2023Price change$659,000-2.4%$335/sqft
        Source: GSMLS #3869944 Report a problem
        10/21/2023Listed for sale$675,000+419.2%$343/sqft
        Source: GSMLS #3869944 Report a problem
        5/23/2014Sold$130,000+2757.1%$66/sqft
        Source: GSMLS #3120716 Report a problem
        10/31/2013Sold$4,550-98.2%$2/sqft
        Source: Public Record Report a problem
        8/23/2004Sold$250,000+66.7%$127/sqft
        Source: Public Record Report a problem
        8/15/2002Sold$150,000+219.1%$76/sqft
        Source: Public Record Report a problem
        4/10/1996Sold$47,000$24/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,320 $536,400 +1330.4%
        2023-- $37,500
        2022$11,467 +104%$37,500
        2021$5,622 -48%$37,500
        2020$10,809 +1%$37,500
        2019$10,704 +33.2%$37,500
        2018$8,033 -22.8%$37,500
        2017$10,405 -16.1%$37,500
        2016$12,397 +3.1%$37,500 -21.1%
        2015$12,025 +5.9%$47,500
        2014$11,352 +4.9%$47,500
        2012$10,820 +7.6%$47,500
        2011$10,057 +5%$47,500
        2010$9,575 +7.1%$47,500
        2009$8,940 $47,500
        2004-- $47,500
        2003-- $47,500
        2002-- $47,500
        2001-- $47,500

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Elizabethport

        Getting around

        84 / 100
        Very Walkable
        33 / 100
        Some Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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