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$629,900 Just Listed
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Property Description
Built in 1989, this 2 family property is in great condition and located in prime section of Elizabeth. Buy for investment OR you can live in one unit and rent the other. Each distinct, light-filled unit boasts generously proportioned rooms with ample storage.1st floor boasts 2 bedrooms, 1 full bath, eat in kitchen with dinette area, large living room with plenty of closets for storage. 2nd floor was newly painted and has new flooring throughout,is VACANT and 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 to NYC and bus line, houses of worship and schools. Each unit has a sectioned off deck great for entertainment and summer fun. Features separate utilities and attached 1 car garage with alot of storage and driveway parking for 1 car. Independent utilities for effortless management. Schedule your showing today!
Full Property Details
Full Property Details for 148 Magnolia Ave
General
- Price: $629,900
- Taxes: $10,819 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4034745
- Updated: 6/16/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 11
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage, Garage Parking
Location
- County: Union
- Driving Directions: Second St to Magnolia
Heating & Cooling
- Cooling Type: No Cooling, Wall Air Conditioning
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: From Furnace
Utilities
- Sewer: Public Available
- 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/Dining Room, Porch
- Square Feet: 950
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Porch
- Square Feet: 1020
- 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
- Assessment Amount: $393,900
- Land Assmt: $142,500
- Tax Amount: $10,819
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenants Refrigerator (2)
- Block: 806
- Lot Number: 7
Listed by SAMSEL & ASSOCIATES
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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 ATTOM Data Solutions 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
6/16/2026
Listed
$629,900
—
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# 4034745) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 148 Magnolia Ave is currently listed for $629,900 and was received on June 16, 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.

