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$749,000 Just Listed
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Property Description
Welcome to 326 Magnolia Ave, Elizabeth, NJ! This versatile two-family property offers an incredible opportunity for both savvy investors and owner-occupants looking for a smart live-and-earn setup. Unit 1 (First Floor): 3 spacious bedrooms and 2 full bathrooms. Unit 2 (Second Floor): 2 bedrooms and 1 full bathroom. Both units feature hardwood floors and large windows that flood the spaces with natural light. Say goodbye to street parking battles this property includes a highly coveted attached garage and private driveway. Situated just moments from NJ transit bus routes and major highways, you'll enjoy seamless travel. Plus, you're just minutes away from local parks, dining options, and shopping.
Full Property Details
Full Property Details for 326 Magnolia Ave
General
- Price: $749,000
- Taxes: $12,354 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4039114
- Updated: 7/7/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage
Location
- County: Union
- Driving Directions: Off of 3rd street
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story, Under/Over
- Exterior Const.: Vinyl Siding
- Roof: Asphalt Shingles
- Year Built: 2006
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Assessment Amount: $470,000
- Land Assmt: $142,500
- Tax Amount: $12,354
- Tax Year: 2025
Disclosures and Reports
- Block: 724
- Lot Number: 7
Listed by Capc Brokerage Llc
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Schools
Schools serving 326 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 | 1.2 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.3 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 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 326 Magnolia Ave
Date
Details
Price
Change
Source
7/07/2026
Listed
$749,000
—
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 326 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,354
-28%
$612,500
—
2023
$17,224
3%
$612,500
1018%
2022
$16,757
969%
$54,800
915%
2021
$1,567
2%
$5,400
—
2018
$1,541
3%
$5,400
—
2017
$1,498
-4%
$5,400
—
2019
$1,556
4%
$5,400
—
2016
$1,498
6%
$5,400
—
2015
$1,409
9%
$5,400
—
2013
$1,290
—
$5,400
—
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 326 Magnolia Ave
326 Magnolia Ave, Elizabeth, NJ 07206 (MLS# 4039114) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 326 Magnolia Ave is currently listed for $749,000 and was received on July 07, 2026. Want to learn more about 326 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.

