Savvy buyers and investors, prepare to be impressed by this absolute powerhouse of a property! Situated in Elizabeth's highly desirable Elmora neighborhood, this property represents a rare, top-tier investment opportunity designed for maximum cash flow, incredible flexibility, and long-term appreciation. This is an expansive, high-value asset built to command excellent rental returns. The layout is designed to maximize space: the first unit offers a spacious 3 bedrooms, 1 bathroom setup, while the second unit offers 3 large bedrooms and 2 full bathrooms, alongside a generously sized kitchen. Reaching even higher, the full attic features its own full bathroom, offering immense possibilities. The ground level boasting a full basement with multiple rooms, a utility area, a full bathroom, and direct, separate outdoor access from the front of the home. Outside, the property continues to deliver with a massive, beautifully paved backyard perfect for outdoor enjoyment, and a private driveway that solves all your parking needs. Located just moments from NYC transit, local schools, and Elmora's vibrant shopping and dining district, this property is a dream for tenants and owners alike. Whether you are expanding your investment portfolio or looking to live in one unit while letting the other offset your expenses, this versatile, grand-scale home is an opportunity you cannot afford to miss. Schedule your private tour today and secure this Elmora property!
421 Magie Ave, Elizabeth City NJ 07208
Property City
Elizabeth City
Property Price
$845,500
Bedrooms
7
Year Built
1921
Tax Annual Amount
$11924
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.27
MLS Status
Active
MLS #
4040709
Yearly Tax Rate
2.017
Year Built (*numeric)
1921
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
See Remarks, Window A/C(s)
GarageSpaces
0
Heating
See Remarks
Lot Size Dimensions
50X234
Data import from
GSMLS