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!
For sale
$780,000
415 Magie Ave, Elizabeth, NJ 07208
6beds
3baths
2,760sqft
Multi Family
Built in 1915
-- sqft lot
$785,200 Zestimate®
$283/sqft
$-- HOA
What's special
Two spacious light-filled units
- 82 days
- 485
- 32
Zillow last checked:
Listing updated:
Listed by:
LARA JABER 917-808-2519,
KELLER WILLIAMS WEST MONMOUTH,
MICHAEL LAMIE 732-887-6110,
KELLER WILLIAMS WEST MONMOUTH
Source: All Jersey MLS,MLS#: 2700711R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard, See Remarks
Cooling
- A/C Window Unit(s), See Remarks
Appliances
- Included: Water Heater(See Remarks, Gas), Unit 1(Range/Oven), Unit 2(Range/Oven)
Features
- Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
- Basement: Full, Finished, Bath Full
Interior area
- Total structure area: 2,760
- Total interior livable area: 2,760 sqft
Video & virtual tour
Property
Parking
- Parking features: 4(+)Car Parking, See Remarks
Features
- Stories: 2
Lot
- Size: 5,250 Square Feet
- Dimensions: 150.00 x 35.00
- Features: Near Shopping, See Remarks
Details
- Parcel number: 0400013000000780
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1915
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $525,000
- Annual tax amount: $10,589
- Date on market: 7/15/2026
- Ownership: Fee Simple
Estimated market value
$785,200
$746,000 - $824,000
$3,047/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Listed for sale | $780,000-13.3%$283/sqft |
Source: | ||
| 4/17/2026 | Listing removed | $900,000$326/sqft |
Source: | ||
| 3/10/2026 | Listed for sale | $900,000+50%$326/sqft |
Source: | ||
| 12/31/2025 | Listing removed | $3,500$1/sqft |
Source: | ||
| 11/28/2025 | Listed for rent | $3,500+25%$1/sqft |
Source: | ||
| 8/4/2025 | Listing removed | $600,000$217/sqft |
Source: | ||
| 5/14/2025 | Listed for sale | $600,000+328.6%$217/sqft |
Source: | ||
| 11/4/2020 | Listing removed | $2,800$1/sqft |
Source: ELITE INTRIAGO REALTY LLC #3674173 Report a problem | ||
| 10/24/2020 | Listed for rent | $2,800+16.7%$1/sqft |
Source: ELITE INTRIAGO REALTY LLC #3674173 Report a problem | ||
| 3/10/2020 | Listing removed | $2,400$1/sqft |
Source: ELITE INTRIAGO REALTY LLC #3620411 Report a problem | ||
| 3/3/2020 | Listed for rent | $2,400$1/sqft |
Source: ELITE INTRIAGO REALTY LLC #3620411 Report a problem | ||
| 3/22/2011 | Sold | $140,000-61.6%$51/sqft |
Source: Public Record Report a problem | ||
| 5/8/2007 | Sold | $365,000$132/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,101 | $525,000 |
| 2024 | $10,101 | $525,000 +1322.8% |
| 2023 | -- | $36,900 |
| 2022 | $11,284 +104% | $36,900 |
| 2021 | $5,532 -48% | $36,900 |
| 2020 | $10,636 +1% | $36,900 |
| 2019 | $10,532 +33.2% | $36,900 |
| 2018 | $7,905 -22.8% | $36,900 |
| 2017 | $10,239 +6.3% | $36,900 |
| 2016 | $9,631 +3.1% | $36,900 |
| 2015 | $9,342 +5.9% | $36,900 |
| 2014 | $8,818 +14.5% | $36,900 +9.2% |
| 2012 | $7,699 +7.6% | $33,800 |
| 2011 | $7,156 +5% | $33,800 |
| 2010 | $6,813 +7.1% | $33,800 |
| 2009 | $6,362 | $33,800 |
Find assessor info on the county website
Monthly payment
Est. payment






