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  • $674,999

    626 Magnolia Ave, Elizabeth City, NJ 07206

    5beds
    1,600sqft
    : 
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    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $422/sqft
    $-- HOA

    What's special

    Newer roofUpdated retaining walls
    Well-maintained and recently updated multi-family property in the heart of Elizabeth, offering a fantastic opportunity for both investors and owner-occupants. This spacious property features three levels of living space with flexible layouts throughout. The first floor offers 2 bedrooms and 1 full bathroom, while the second floor features 2 bedrooms with the potential for a 3rd bedroom, along with 1 full bathroom. The third floor provides an additional 2 bedrooms and 1 full bathroom, creating plenty of space for extended living arrangements or rental income potential. Recent improvements help make this property move-in ready, including a newer roof, updated retaining walls, and a durable vinyl privacy fence that enhances both curb appeal and functionality. A shared driveway provides off-street parking convenience. Conveniently located near shopping, restaurants, schools, parks, major highways, and public transportation, this property offers easy access for commuters while providing strong income-producing potential. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained Elizabeth property is an opportunity you won't want to miss. Schedule your private tour today!
    19 days
    |
    1,000
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hipolito Touron 201-726-3933,

    Keller Williams Village Square,

    Filiberto Ramos

    Source: GSMLS,MLS#: 4035404MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • 1 Unit, Radiators - Steam, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range/Oven - Electric, Refrigerator, Range/Oven - Gas, Gas Water Heater
      Features
      • Bedrooms, Kitchen, Living/Dining Room
      • Flooring: Tile, Vinyl-Linoleum Floors
      • Basement: Yes,Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,600
      • Total interior livable area: 1,600 sqft

      Property

      Parking
      • Parking features: 1 Car Width, Shared Driveway
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 100
      Details
      • Parcel number: 2904006300000000130000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1910
      • Major remodel year: 2025

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
      Location
      • Region: Elizabeth

      Financial & listing details

      • Price per square foot: $422/sqft
      • Tax assessed value: $356,100
      • Annual tax amount: $7,182
      • Date on market: 6/18/2026
      • Total actual rent: 2000
      • Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/18/2026Listed for sale$674,999+43.6%$422/sqft
        Source: GSMLS #4035404 Report a problem
        11/7/2023Sold$470,000+20.8%$294/sqft
        Source: GSMLS #3868610 Report a problem
        10/11/2023Pending sale$389,000$243/sqft
        Source: GSMLS #3868610 Report a problem
        10/7/2023Listed for sale$389,000+374.4%$243/sqft
        Source: GSMLS #3868610 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        4/24/2014Listing removed$900$1/sqft
        Source: Owner Report a problem
        4/24/2014Listed for rent$900$1/sqft
        Source: Owner Report a problem
        12/31/2012Sold$82,000+10.8%$51/sqft
        Source: GSMLS #2956068 Report a problem
        8/28/2012Price change$74,000-11.5%$46/sqft
        Source: RE/MAX New Millennium Group #2956068 Report a problem
        8/11/2012Price change$83,600-10.2%$52/sqft
        Source: RE/MAX New Millennium Group #2956068 Report a problem
        7/14/2012Listed for sale$93,100-56.7%$58/sqft
        Source: RE/MAX New Millennium Group #2956068 Report a problem
        5/20/2003Sold$215,000+473.3%$134/sqft
        Source: Public Record Report a problem
        3/19/1999Sold$37,500$23/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,851 $356,100 +2071.3%
        2023-- $16,400
        2022$5,015 +104%$16,400
        2021$2,459 -48%$16,400
        2020$4,727 +1%$16,400
        2019$4,681 +33.2%$16,400
        2018$3,513 -22.8%$16,400
        2017$4,551 +6.3%$16,400
        2016$4,280 +3.1%$16,400
        2015$4,152 +5.9%$16,400
        2014$3,919 +5.6%$16,400
        2013$3,713 -0.6%$16,400
        2012$3,736 +7.6%$16,400
        2011$3,472 +5%$16,400
        2010$3,306 +7.1%$16,400
        2009$3,087 $16,400
        2008-- $16,400
        2007$2,926 $16,400
        2006-- $16,400
        2005-- $16,400
        2004-- $16,400
        2003-- $16,400
        2002-- $16,400
        2001-- $16,400

        Find assessor info on the county website

        Monthly payment

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        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

        76 / 100
        Very Walkable
        40 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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