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Listing Details

144 MAGNOLIA,Elizabeth City, NJ 07206-1917

  • February 22, 2026

Description

Modern Luxury Meets High-Yield Investing in ElizabethportElevate your portfolio with this stunning, nearly-new construction multifamily gem located in the heart of the rapidly developing Elizabethport section. Built in 2024, this property seamlessly blends contemporary design with the robust income potential or provides a sophisticated “live-for-free” opportunity for the savvy owner-occupant. Each unit is a masterclass in modern urban living, featuring Spacious Layouts Multiple units featuring 3 generous bedrooms and 2 designer bathrooms. Sleek cabinetry, quartz countertops, and high-end stainless steel appliances. Gleaming hardwood flooring, high ceilings, and expansive windows that flood the space with natural light. In-unit laundry hookups, central HVAC, and energy-efficient LED lighting throughout. Parking & Storage: Includes a rare detached garage and additional driveway parking. Low Maintenance benefit from the “new construction” peace of mind with updated systems, roofing, and structural integrity. Minutes from the Elizabeth Train Station (NJ Transit) and North Elizabeth Station for a direct shot into NYC. Less than 15 minutes to EWR. “Walk Score” (84) puts you steps away from local dining, parks, and schools, with easy access to the Jersey Gardens Mall. This property represents an asset in a submarket seeing double-digit value appreciation over the last few years.

Details

Last Updated On: February 22nd, 2026 at 8:29 am
Property ID:PT-29284147-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 1,298,999 $
Bedrooms:8
Year Built:2024

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 37.50X100
Lot Identifier: 8
Lot Identifier: 8

Home Details

Open Parking: 3
Basement: Yes
Basmnt/Desc: Yes - Finished
Total Baths: 6.00
Unit Style: 3-Three Story
Number of Units: 3
Rooms: 15
Easement/Desc: No
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: Y
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 2
Unit 1 Baths: 2.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 750
Unit 1 Room Description: Bedrooms, Dining Room, Living Room, Living/Dining Room, Master Bedroom, Storage
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 2 Levels: 1
Unit 2 Rooms: 5
Unit 2 Beds: 3
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 SqFt: 931
Unit 2 Room Description: Bedrooms, Dining Room, Living Room, Living/Dining Room, Master Bedroom, Storage
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 3 Levels: 1
Unit 3 Rooms: 5
Unit 3 Beds: 3
Unit 3 Baths: 2.0
Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 3 Handicap: No
Unit 3 SqFt: 942
Unit 3 Room Description: Bedrooms, Dining Room, Living Room, Living/Dining Room, Master Bedroom, Storage
Block Identifier: 806
County Number: 29
Town Number: 2904
YB/Desc: 2024 - Approximate
Easement: No
Parking/Driveway Description: 2 Car Width, Blacktop, Lighting
Block Identifier: 806
County Number: 29
Town Number: 2904
Possession: Y

Utilities

Heat Source: Gas-Natural
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2904-00806-0000-00008-0000-
Tax Amount: $22,471.00
Tax Year: 2025
Tax Rate: 85.510%
Tax Rate Year: 2025
Land Assessment: $162,000.00
Building Assessment: $956,300.00
Total Assessment: $1,118,300.00
FHA Age Restricted: No

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