Great Investment Opportunity in Elizabeth!! Don't miss this opportunity to own on a great street in Elizabeth with many recently renovated homes. Large Two-Family property with Bonus Unit. All utilities are split. Both Units are large 3BR/1BA Apartments and the Second Floor Apartment has an Additional Bonus Unit that is 1BR/1BA. The Property is in need of repair and the right buyer but has amazing potential. Located by all major highways. The property is being sold strictly ''As Is'' and Buyer is responsible for CO. Property is currently vacant and will be delivered vacant at closing.
Sold for $500,000
$500,000
613 Magnolia Avenue, Elizabeth, NJ 07206
7beds
2,224sqft
Duplex
Built in 1912
-- sqft lot
$720,900 Zestimate®
$225/sqft
$2,529 Estimated rent
Home value
$720,900
$656,000 - $786,000
$2,529/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael Sclafani 908-415-5622,
RE/MAX Central
Bought with:
Michael Sclafani, 0901283
RE/MAX Central
Source: MoreMLS,MLS#: 22404878
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, 2 Zoned Heat
Cooling
- Other
Features
- Basement: Full
Interior area
- Total structure area: 2,224
- Total interior livable area: 2,224 sqft
Property
Parking
- Parking features: On Street, None
Features
- Stories: 3
Lot
- Size: 2,613 sqft
- Dimensions: 25 x 100
Details
- Parcel number: 0400629000000019
- Zoning description: Residential, Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Elizabeth
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2024 | Sold | $500,000+0.2%$225/sqft |
Source:  MoreMLS #22404878 Report a problem | ||
| 3/5/2024 | Pending sale | $499,000$224/sqft |
Source:  GSMLS #3878181 Report a problem | ||
| 2/23/2024 | Listed for sale | $499,000$224/sqft |
Source: MoreMLS #22404878 Report a problem | ||
| 1/16/2024 | Pending sale | $499,000$224/sqft |
Source: GSMLS #3878181 Report a problem | ||
| 12/13/2023 | Listed for sale | $499,000+149.8%$224/sqft |
Source: GSMLS #3878181 Report a problem | ||
| 9/26/2018 | Sold | $199,750-7.1%$90/sqft |
Source: GSMLS #3447028 Report a problem | ||
| 4/26/2018 | Sold | $215,000+10.3%$97/sqft |
Source: Public Record Report a problem | ||
| 2/15/2018 | Listed for sale | $195,000+19400%$88/sqft |
Source: EXIT GOLDEN REALTY GROUP LLC #3447028 Report a problem | ||
| 3/10/2017 | Sold | $1,000-99.7% |
Source: Public Record Report a problem | ||
| 2/27/2006 | Sold | $345,000+40.8%$155/sqft |
Source: Public Record Report a problem | ||
| 5/13/2005 | Sold | $245,000+157.9%$110/sqft |
Source: Public Record Report a problem | ||
| 11/3/1994 | Sold | $95,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,279 | $430,300 +1855.9% |
| 2023 | -- | $22,000 |
| 2022 | $6,727 +104% | $22,000 |
| 2021 | $3,298 -48% | $22,000 |
| 2020 | $6,341 +1% | $22,000 |
| 2019 | $6,279 +33.2% | $22,000 |
| 2018 | $4,713 -22.8% | $22,000 |
| 2017 | $6,104 +6.3% | $22,000 |
| 2016 | $5,742 +3.1% | $22,000 |
| 2015 | $5,570 +5.9% | $22,000 |
| 2014 | $5,258 +5.6% | $22,000 |
| 2013 | $4,981 -0.6% | $22,000 |
| 2012 | $5,011 +7.6% | $22,000 |
| 2011 | $4,658 +5% | $22,000 |
| 2010 | $4,435 +7.1% | $22,000 |
| 2009 | $4,141 | $22,000 |
| 2008 | -- | $22,000 |
| 2007 | $3,926 | $22,000 |
| 2006 | -- | $22,000 |
Find assessor info on the county website
Neighborhood: Elizabethport
Nearby schools
GreatSchools rating
- 5/10Number 20, John Marshall Elementary SchoolGrades: K-8Distance: 0.1 mi
- 8/10Elizabeth High SchoolGrades: 9-12Distance: 0.9 mi
- 4/10T Jefferson Arts AcademyGrades: 9-12Distance: 1 mi
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Estimated market value
$720,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$720,900
- New Jersey
- Union County
- Elizabeth
- 07206
- Elizabethport
- 613 Magnolia Avenue
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