626 Magnolia Ave
Elizabeth City, NJ 07206
Price: $674,999
GSMLS: 4035404Type: Multi-Family
Style: 1-One Story
Total Units: 2
Beds: 5
Baths: 2 Full
Garage: No
Year Built: 1910
Acres: 0.06
Property Tax: $7,182
Description
Well-maintained and recently updated multi-family property in the heart of Elizabeth, offering a fantastic opportunity for both investors and owner-occupants. This spacious property features three levels of living space with flexible layouts throughout. The first floor offers 2 bedrooms and 1 full bathroom, while the second floor features 2 bedrooms with the potential for a 3rd bedroom, along with 1 full bathroom. The third floor provides an additional 2 bedrooms and 1 full bathroom, creating plenty of space for extended living arrangements or rental income potential. Recent improvements help make this property move-in ready, including a newer roof, updated retaining walls, and a durable vinyl privacy fence that enhances both curb appeal and functionality. A shared driveway provides off-street parking convenience. Conveniently located near shopping, restaurants, schools, parks, major highways, and public transportation, this property offers easy access for commuters while providing strong income-producing potential. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained Elizabeth property is an opportunity you won't want to miss. Schedule your private tour today!
General Info
Style:
1-One Story
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Full, Unfinished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Driveway-Shared
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,Refrig,SmokeDet
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$674,999
Tax Amount:
$7,182
Land Assessment:
$128,300
Build. Assessment:
$227,800
Total Assessment:
$356,100
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4035404
List Date:
06-18-2026
Days On Market:
1
Listing Broker:
KELLER WILLIAMS VILLAGE SQUARE
Listing Agent:
Hipolito Touron
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com
