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 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 between—schedule your private tour today and secure this Elmora property!
For sale
$845,500
421-423 Magie Ave, Elizabeth, NJ 07208
6beds
3baths
2,745sqft
Duplex
Built in 1921
-- sqft lot
$-- Zestimate®
$308/sqft
$-- HOA
What's special
- 44 days
- 8
- 3
Zillow last checked:
Listing updated:
Listed by:
Michael Lamie 732-887-6110,
Keller Williams Realty West Monmouth,
Co-Listing Agent: Non Member 844-552-7444,
Non Subscribing Office
Source: Bright MLS,MLS#: NJUN2000616
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Basement
- Area: 0
Heating
- Baseboard, Other, Natural Gas
Cooling
- Window Unit(s), Other
Appliances
- Included: Gas Water Heater, Water Heater
Features
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,745
- Total interior livable area: 2,745 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway
- Uncovered spaces: 5
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.27 Acres
- Dimensions: 50.00 x 234.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 040016000075
- Zoning: MULTI-FAMILY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Location
- Region: Elizabeth
- Municipality: ELIZABETH CITY
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $591,200
- Annual tax amount: $11,925
- Date on market: 7/15/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $845,500$308/sqft |
Source: | ||
| 8/13/2026 | Pending sale | $845,500$308/sqft |
Source: | ||
| 7/15/2026 | Listed for sale | $845,500$308/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Elmora
Nearby schools
Schools provided by the listing agent
- District: Elizabeth Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








