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For sale
  • $780,000

    415 Magie Ave, Elizabeth, NJ 07208

    6beds
    3baths
    2,760sqft
    : 
    $4,881/mo
    Get pre-qualified
    Multi Family
    Built in 1915
    -- sqft lot
    $787,300 Zestimate®
    $283/sqft
    $-- HOA

    What's special

    Two spacious light-filled units
    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!
    41 days
    |
    628
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    LARA JABER,

    KELLER WILLIAMS WEST MONMOUTH 732-536-9010,

    MICHAEL LAMIE,

    KELLER WILLIAMS WEST MONMOUTH

    Source: All Jersey MLS,MLS#: 2700711RMLS Logo

      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

        $787,300

        $748,000 - $827,000

        $2,013/mo

        Price history

        DateEventPrice
        7/15/2026Listed for sale$780,000-13.3%$283/sqft
        Source: All Jersey MLS #2700711R Report a problem
        4/17/2026Listing removed$900,000$326/sqft
        Source: GSMLS #4013733 Report a problem
        3/10/2026Listed for sale$900,000+50%$326/sqft
        Source: GSMLS #4013482 Report a problem
        12/31/2025Listing removed$3,500$1/sqft
        Source: GSMLS #3999596 Report a problem
        11/28/2025Listed for rent$3,500+25%$1/sqft
        Source: GSMLS #3999596 Report a problem
        8/4/2025Listing removed$600,000$217/sqft
        Source: GSMLS #3962824 Report a problem
        5/14/2025Listed for sale$600,000+328.6%$217/sqft
        Source: GSMLS #3962824 Report a problem
        11/4/2020Listing removed$2,800$1/sqft
        Source: ELITE INTRIAGO REALTY LLC #3674173 Report a problem
        10/24/2020Listed for rent$2,800+16.7%$1/sqft
        Source: ELITE INTRIAGO REALTY LLC #3674173 Report a problem
        3/10/2020Listing removed$2,400$1/sqft
        Source: ELITE INTRIAGO REALTY LLC #3620411 Report a problem
        3/3/2020Listed for rent$2,400$1/sqft
        Source: ELITE INTRIAGO REALTY LLC #3620411 Report a problem
        3/22/2011Sold$140,000-61.6%$51/sqft
        Source: Public Record Report a problem
        5/8/2007Sold$365,000$132/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Elmora

        Getting around

        86 / 100
        Very Walkable
        53 / 100
        Good Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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