1083-1085 Magnolia AvenueElizabeth, NJ 07201




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$3,536Exceptional side-by-side two-family property offering an outstanding opportunity for investors and owner-occupants alike. Each spacious unit features 4 generously sized bedrooms, providing excellent rental income potential and flexible living arrangements. Each unit welcomes you with a spacious enclosed front porch, perfect for a sitting area, mudroom, or additional seasonal living space. One unit includes the convenience of an in-unit laundry. The property offers separate utilities, a full basement with abundant storage, and two expansive driveways with parking for approximately 10–15 vehicles—a rare and highly desirable feature in Elizabeth. The roof was replaced approximately one year ago, providing added value and peace of mind for the new owner. **LOW TAXES** - Ideally located near shopping, restaurants, schools, public transportation, major highways, and Newark Liberty International Airport, this property combines convenience with strong investment potential. Whether you’re looking to expand your real estate portfolio or live in one unit while generating income from the other, this well-maintained multifamily is a fantastic opportunity in a prime location.
| yesterday | Listing updated with changes from the MLS® | |
| 3 weeks ago | Price changed to $775,000 | |
| 3 weeks ago | Status changed to Active | |
| 2 months ago | Listing first seen on site |
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All information is deemed reliable but not guaranteed. Last checked: 2026-09-19 11:19 AM UTC
Source: New Jersey Multiple Listing Service, Inc.
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