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$599,000 Just Listed
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Property Description
Don't miss this fully renovated two-family home in the heart of Elizabeth. This is an exceptional opportunity for investors and owner-occupants alike! Updated in 2025, each unit offers two bedrooms, a spacious living area, an eat-in kitchen, and a beautifully designed full bathroom. Both units feature luxury vinyl plank flooring, dark cabinetry with quartz countertops, herringbone tile backsplashes, stainless steel gas ranges, and refrigerators. The spa-inspired bathrooms impress with floor-to-ceiling gray tile, black-framed glass shower enclosures, rain head fixtures, and gold-accented mirrors. Each unit operates independently with separate gas heating systems, recessed lighting, and black ceiling fans throughout. On-street parking available. Conveniently sandwiched between Rt 9 and the NJ Turnpike, and a half mile from public bus transportation, this turnkey, move-in ready property is a rare find in a great location.
Full Property Details
Full Property Details for 629 Magnolia Ave
General
- Price: $599,000
- Taxes: $6,976 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4013328
- Updated: Today (3/9/2026)
- Added to Site: Today
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Metal Fence
Parking
- Garage Description: None
Location
- County: Union
- Driving Directions: Take Parker Rd to Prince St and onto Magnolia Ave. Make a right onto Division St, a left onto Trumbull, and a slight right onto Magnolia.
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units, 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
- Exterior Const.: Aluminum Siding
- Roof: Flat
- Year Built: 1900
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Dimensions: 25 x 86.80 x IRR
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $214,800
- Land Assmt: $131,100
- Tax Amount: $6,976
- Tax Year: 2025
Disclosures and Reports
- Block: 629
- Lot Number: 24
Listed by Keller Williams Realty
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Schools
Schools serving 629 Magnolia Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 20, John Marshall Elementary School 521 Magnolia Avenue, Elizabeth, NJ 07206 | PK-8 | 0.2 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.9 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.2 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.6 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 629 Magnolia Ave
Date
Details
Price
Change
Source
3/09/2026
Listed
$599,000
99.67%
MLS
6/08/2021
Sold
$300,000
—
Public Record
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 629 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,655
4%
$345,900
—
2023
$6,412
3%
$345,900
1596%
2022
$6,238
4%
$20,400
—
2020
$5,971
2%
$20,400
—
2019
$5,880
1%
$20,400
—
2018
$5,823
3%
$20,400
—
2017
$5,660
—
$20,400
—
2016
$5,661
6%
$20,400
—
2015
$5,324
9%
$20,400
—
2013
$4,875
—
$20,400
—
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 629 Magnolia Ave
629 Magnolia Ave, Elizabeth, NJ 07206 (MLS# 4013328) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 629 Magnolia Ave is currently listed for $599,000 and was received on March 09, 2026. Want to learn more about 629 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.

