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2,760 sqft

$780,000

415 MAGIE AVENUE, ELIZABETH NJ, 07208

Price per sqft$282.61
Built in1915
Property size2,760 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Jul 15, 2026

Updated 5 days ago

Attention savvy buyers and investors! This is your rare opportunity to own a powerhouse income-generating property right in the heart of Elizabeth's highly coveted Elmora neighborhood. Perfectly positioned for maximum rental demand, this standout two-family home delivers incredible value, cash flow potential, and long-term appreciation at an unbeatable price point. The property features two spacious, light-filled units, each boasting a comfortable 3-bedroom, 1-bathroom layout. Adding massive value to the building is a versatile basement complete with its own full bathroom, offering excellent flexibility. Commuters will absolutely love the unbeatable location, situated just moments from easy NYC transportation, making transit a breeze. Nestled near highly regarded local schools, shopping, and dining, this property is positioned in a vibrant, high-demand rental market. Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not last long-schedule your tour today and secure your next great investment before it's gone!

$5,189/mo

Est. mortgage payment based on a $780,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NJUN2000614

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$10,589
Tax Frequency
Annually
MLS provider logo

Listed by Keller Williams Realty West Monmouth
Listing Contact: 7328876110 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/2/2026 at 12:29 AM UTC

 

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