Listing Details

612 Magnolia Ave,Elizabeth City, NJ 07206-1417

  • January 30, 2026

Description

Take a look at this prime real estate opportunity. This beautifully updated two-family home located in the heart of Elizabeth, New Jersey, offering exceptional versatility and income potential. This spacious property features a total of 6 bedrooms and 3.5 bathrooms, making it ideal for both investors and owner-occupants alike.The home boasts a fully finished attic and basement, providing valuable additional living space perfect for extended use, home offices, or recreation. Each unit is thoughtfully laid out with bright interiors and modern finishes, complemented by all new appliances throughout, ensuring a move-in-ready experience.Enjoy outdoor living with a large private backyard, perfect for entertaining, gardening, or relaxing. With strong rental demand in the area, dual-unit flexibility, or accommodate multi-generational living, this property delivers long-term value.Conveniently located near major transportation, shopping, dining, and local amenities, this is a rare opportunity to own a turn-key multi-family property in a thriving market.Don?t miss this exceptional investment or owner-occupied opportunity!

Details

Last Updated On: January 30th, 2026 at 1:26 am
Property ID:PT-26455912-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 749,999 $
Bedrooms:6
Year Built:1700

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 25X100
Lot Identifier: 18
Lot Identifier: 18

Home Details

Open Parking: 0
Basement: Yes
Renovated: 2023
Basmnt/Desc: Yes - Finished
Acreage: 0.06
Total Baths: 3.10
Unit Style: 3-Three Story
Number of Units: 2
Rooms: 12
Easement/Desc: No
Exterior Description: Stucco, Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: immediately
Unit 1 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 2
Unit 1 Rooms: 5
Unit 1 Beds: 2
Unit 1 Baths: 1.5
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Rent: 2300
Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Rec Room, Utility Room
Unit 2 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 2
Unit 2 Rooms: 7
Unit 2 Beds: 4
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 Rent: 2900
Unit 2 Room Description: Attic, Bedrooms, Eat-In Kitchen, Living Room
Block Identifier: 630
County Number: 29
Town Number: 2904
YB/Desc: 1700 - Approximate, Renovated
Easement: No
Parking/Driveway Description: On-Street Parking
Block Identifier: 630
County Number: 29
Town Number: 2904
Possession: immediately

Utilities

Heat Source: Gas-Natural
Heat System: Baseboard - Electric
Cool System: Central Air
Water: Public Water
Sewer: Public Sewer
Utilities: All Underground

Taxes, Fees & Assessments

Tax ID For Property: 2904-00630-0000-00018-0000-
Tax Amount: $9,341.00
Tax Year: 2024
Tax Rate: 1.924%
Tax Rate Year: 2025
Land Assessment: $128,300.00
Building Assessment: $357,200.00
Total Assessment: $485,500.00
FHA Age Restricted: No

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