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$679,900 Just Listed
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Property Description
Built in 1989, this 2 family property is located in prime section of Elizabeth and is ready for you! Calling all investors,both units occupied by month to month tenants. Or you Live in one and rent the other and Live for free! First floor boasts 2 bedrooms, 1 full bath, eat in kitchen, large living room with plenty of storage. 2nd floor has 3 bedrooms, 1 full bath, eat in kitchen and also has large living room with storage a plenty! Well-cared-for and maintained, situated in heart of Elizabeth near shopping, waterfront, train and bus line, houses of worship and schools. Each unit has a sectioned off porch/balcony with a great view. Features separate utilities and attached 1 car garage with alot of storage and driveway parking. for 1 car Schedule your showing today
Full Property Details
Full Property Details for 148 Magnolia Ave
General
- Price: $679,900
- Taxes: $10,819 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4012513
- Updated: 3/6/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 11
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Open Porch(es), Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage
Location
- County: Union
- Driving Directions: Second St to Magnolia
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
- Water Heater: From Furnace
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Garbage Included
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick, Vinyl Siding
- Roof: Asphalt Shingles
- Year Built: 1989
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: 1 Car Width, Blacktop
Financial Considerations
- Expenses: Garbage Collection
- Assessment Amount: $393,900
- Land Assmt: $142,500
- Tax Amount: $10,819
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenants appliances refridge washer dryer
- Block: 806
- Lot Number: 7
Listed by SAMSEL & ASSOCIATES
Get Pre-Approved Today
Schools
Schools serving 148 Magnolia Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 1, George Washington Elementary School 250 Broadway, Elizabeth, NJ 07206 | PK-8 | 0.2 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.4 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.5 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.5 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.5 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.6 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 148 Magnolia Ave
Date
Details
Price
Change
Source
3/04/2026
Listed
$679,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 148 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,320
-10%
$536,400
1330%
2022
$11,467
2%
$37,500
—
2021
$11,230
4%
$37,500
—
2019
$10,809
1%
$37,500
—
2018
$10,704
3%
$37,500
—
2017
$10,405
—
$37,500
—
2016
$10,406
-16%
$37,500
-21%
2015
$12,397
9%
$47,500
—
2013
$11,352
—
$47,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 148 Magnolia Ave
148 Magnolia Ave, Elizabeth, NJ 07206 (MLS# 4012513) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 148 Magnolia Ave is currently listed for $679,900 and was received on March 04, 2026. Want to learn more about 148 Magnolia Ave? Do you have questions about finding other Multi-Family real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

