This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$780,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
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!
Full Property Details
Full Property Details for 415 Magie Ave
General
- Price: $780,000
- Taxes: $10,589 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4040707
- Updated: 7/15/2026
- Added to Site: 35 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Location
- County: Union
- Subdivision: Elmora
- Driving Directions: Westfield Ave to Magie Ave.
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, Electric Baseboard
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Square Feet: 2,760
- Year Built: 1915
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.12
- Lot Dimensions: 35 x 150
- Driveway/Sidewalk: 2 Car Width, Driveway-Exclusive, See Remarks
- Zoning: Multi-Family
Financial Considerations
- Assessment Amount: $352,400
- Land Assmt: $172,600
- Tax Amount: $10,589
- Tax Year: 2025
Disclosures and Reports
- Block: 160
- Lot Number: 73
Listed by Keller Williams Realty
Get Pre-Approved Today
Schools
Schools serving 415 Magie Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 12, Elmora Elementary School 638 Magie Avenue, Elizabeth, NJ 07208 | PK-8 | 0.3 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.4 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.5 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 415 Magie Ave
Date
Details
Price
Change
Source
7/15/2026
Listed
$780,000
—
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 415 Magie Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,589
-6%
$525,000
1323%
2022
$11,284
2%
$36,900
—
2021
$11,051
4%
$36,900
—
2019
$10,636
1%
$36,900
—
2018
$10,532
3%
$36,900
—
2017
$10,239
—
$36,900
—
2016
$10,239
6%
$36,900
—
2015
$9,631
3%
$36,900
—
2014
$9,342
6%
$36,900
—
2013
$8,818
—
$36,900
—
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 415 Magie Ave
415 Magie Ave, Elizabeth, NJ 07208 (MLS# 4040707) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 415 Magie Ave is currently listed for $780,000 and was received on July 15, 2026. Want to learn more about 415 Magie 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.

