Property photo 1
Property photo 2
6 Beds
3 Baths
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

Listed Jul 15, 2026

Updated Sep 1

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
22621514

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$10,589
Tax Frequency
Annually

Courtesy of Keller Williams Realty West Monmouth with Lara Jaber, Michael Lamie
Listing Contact: 732-536-9010 

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Data last updated 4:55 AM UTC, 9/1/2026

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