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!
Active
$674,999
626 Magnolia Ave, Elizabeth City, NJ 07206
5beds
1,600sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$422/sqft
$-- HOA
What's special
Newer roofUpdated retaining walls
- 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#: 4035404
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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
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $674,999+43.6%$422/sqft |
Source: | ||
| 11/7/2023 | Sold | $470,000+20.8%$294/sqft |
Source: | ||
| 10/11/2023 | Pending sale | $389,000$243/sqft |
Source: | ||
| 10/7/2023 | Listed for sale | $389,000+374.4%$243/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/24/2014 | Listing removed | $900$1/sqft |
Source: Owner Report a problem | ||
| 4/24/2014 | Listed for rent | $900$1/sqft |
Source: Owner Report a problem | ||
| 12/31/2012 | Sold | $82,000+10.8%$51/sqft |
Source: | ||
| 8/28/2012 | Price change | $74,000-11.5%$46/sqft |
Source: RE/MAX New Millennium Group #2956068 Report a problem | ||
| 8/11/2012 | Price change | $83,600-10.2%$52/sqft |
Source: RE/MAX New Millennium Group #2956068 Report a problem | ||
| 7/14/2012 | Listed for sale | $93,100-56.7%$58/sqft |
Source: RE/MAX New Millennium Group #2956068 Report a problem | ||
| 5/20/2003 | Sold | $215,000+473.3%$134/sqft |
Source: Public Record Report a problem | ||
| 3/19/1999 | Sold | $37,500$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $16,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Elizabethport
Nearby schools
GreatSchools rating
- 5/10Number 20, John Marshall Elementary SchoolGrades: K-8Distance: 0.2 mi
- 8/10Elizabeth High SchoolGrades: 9-12Distance: 0.9 mi
- 4/10T Jefferson Arts AcademyGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Union County
- Elizabeth
- 07206
- Elizabethport
- 626 Magnolia Ave







