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  • $549,000

    629 Magnolia Ave, Elizabeth City, NJ 07206

    4beds
    19,998sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $573,300 Zestimate®
    $27/sqft
    $-- HOA

    What's special

    Eat-in kitchenRecessed lightingOn-street parking availableSeparate gas heating systemsStainless steel gas rangesRain head fixturesSpa-inspired bathrooms
    Don't miss this fully renovated two-family home in the heart of Elizabeth. This is an exceptional opportunity for investors and owner-occupants alike! Updated in 2025, each unit offers two bedrooms, a spacious living area, an eat-in kitchen, and a beautifully designed full bathroom. Both units feature luxury vinyl plank flooring, dark cabinetry with quartz countertops, herringbone tile backsplashes, stainless steel gas ranges, and refrigerators. The spa-inspired bathrooms impress with floor-to-ceiling gray tile, black-framed glass shower enclosures, rain head fixtures, and gold-accented mirrors. Each unit operates independently with separate gas heating systems, recessed lighting, and black ceiling fans throughout. On-street parking available. Conveniently sandwiched between Rt 9 and the NJ Turnpike, and a half mile from public bus transportation, this turnkey, move-in ready property is a rare find in a great location.
    13 days
    |
    349
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Martinetti 908-967-1889,

    Keller Williams Realty

    Source: GSMLS,MLS#: 4037694MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • 2 Units, Forced Air, Natural Gas
      Appliances
      • Included: Range/Oven - Gas, Refrigerator
      Features
      • Bedrooms, Kitchen, Living Room
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 19,998
      • Total interior livable area: 19,998 sqft

      Property

      Parking
      • Parking features: On Street, None
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Metal Fence
      Lot
      • Dimensions: 25 x 86.80 x IRR
      Details
      • Parcel number: 2904006290000000240000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Roof: Flat
      Condition
      • Year built: 1900
      • Major remodel year: 2025

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Elizabeth

      Financial & listing details

      • Price per square foot: $27/sqft
      • Tax assessed value: $345,900
      • Annual tax amount: $6,976
      • Date on market: 6/30/2026
      • Total actual rent: 11999
      • Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        $573,300

        $545,000 - $608,000

        $2,436/mo

        Price history

        DateEventPrice
        6/30/2026Listed for sale$549,000-8.3%$27/sqft
        Source: GSMLS #4037694 Report a problem
        6/29/2026Listing removed$599,000$30/sqft
        Source: GSMLS #4013328 Report a problem
        3/9/2026Listed for sale$599,000$30/sqft
        Source: GSMLS #4013328 Report a problem
        3/9/2026Listing removed$599,000$30/sqft
        Source: GSMLS #4010144 Report a problem
        2/21/2026Listed for sale$599,000+99.7%$30/sqft
        Source: GSMLS #4010144 Report a problem
        6/8/2021Sold$300,000+0.3%$15/sqft
        Source: GSMLS #3685730 Report a problem
        2/28/2021Listed for sale$299,000$15/sqft
        Source: RE/MAX International #3685730 Report a problem
        2/9/2021Listing removed--
        Source: RE/MAX International Report a problem
        2/2/2021Listed for sale$299,000$15/sqft
        Source: RE/MAX International #3685730 Report a problem
        1/21/2021Listing removed--
        Source: RE/MAX International Report a problem
        1/6/2021Listed for sale$299,000+184.8%$15/sqft
        Source: GSMLS #3685730 Report a problem
        12/9/2013Sold$105,000+4100%$5/sqft
        Source: GSMLS #3069726 Report a problem
        1/31/2007Sold$2,500-98.9%
        Source: Public Record Report a problem
        3/8/2006Sold$237,000+130.1%$12/sqft
        Source: Public Record Report a problem
        7/3/2002Sold$103,000+221.9%$5/sqft
        Source: Public Record Report a problem
        1/17/2001Sold$32,000-22%$2/sqft
        Source: Public Record Report a problem
        6/8/1999Sold$41,000+64%$2/sqft
        Source: Public Record Report a problem
        4/24/1998Sold$25,000$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,655 $345,900
        2024$6,655 $345,900 +1595.6%
        2023-- $20,400
        2022$6,238 +104%$20,400
        2021$3,058 -48%$20,400
        2020$5,880 +1%$20,400
        2019$5,823 +33.2%$20,400
        2018$4,370 -22.8%$20,400
        2017$5,660 +6.3%$20,400
        2016$5,324 +3.1%$20,400
        2015$5,164 +5.9%$20,400
        2014$4,875 +4.9%$20,400
        2012$4,647 +7.6%$20,400
        2011$4,319 +5%$20,400
        2010$4,112 +7.1%$20,400
        2009$3,840 $20,400 +20%
        2005-- $17,000
        2004-- $17,000
        2003-- $17,000
        2002-- $17,000
        2001-- $17,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        Getting around

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

        Nearby schools

        GreatSchools rating

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